Maximizing revenues in managed care contracting
Brice, J.
Healthcare Forum Journal 32(5): 51-55
1989
ISSN/ISBN: 0899-9287 PMID: 10294673 Document Number: 339962
Today's product innovations reflect hospitals' need to maximize revenues from managed care contracting. They were designed in response to the facts of the contracting environment: That hospitals are more likely to be paid when their pre-admissions procedures are true to their contractual terms. That they are more likely to be paid fully when they have automated tools to assist accurate billing proration and receivables management. And that hospitals are more likely to negotiate profitable HMO and PPO contracts when their negotiators have timely information to determine the financial implications of contract terms.