Would you construct a building without digging a strong foundation first?
Or start cooking a recipe without first checking to see if you have the ingredients.
Of course you wouldn’t. So why would you tackle your payer contracting without first knowing which payers have contracted with you, where the contracts are, what products are included, how long you are obligated to remain contracted with them, what those agreements reimburse you, who you must contact, when you can make changes and more?
That’s where Health Business Navigators’ ContractMaster tool comes in. ContractMaster allows you to get a handle on your payer contracts, rather than the other way around. Use the tool to:
Inventory all your payer contracts and rates in one easily accessible place.
Make all contract terms accessible electronically to key staff with a password protected tool no need to worry about who took the one paper copy and forgot to re-file it.
Attach fee schedules to the worksheet tabs so you can easily find, analyze, verify and compare your current rates.
Know with one glance your contract renewal dates, initial terms, notice timeframes and requirements, and more, with color-coded alerts when time-sensitive action items are approaching.
Update physicians and other staff on the contracts’ status and use printable formatting to make copies for meetings.
Do it yourself or ask HBN to find and populate...
Don’t have time to find the contracts or to populate the tool yourself, or both? No problem. You can buy the tool and then find and populate agreements on your own using HBN’s simple guide. OR...HBN can do the work for you. If you need help finding all of your previously executed agreements, let HBN experts contact the payers and networks and request missing contracts, addenda and rates. If you have already done the gathering, you can provide HBN your payer contracts and we will populate the ContractMaster for you.
Send us whatever you have, we’ll find the missing puzzle pieces and then we will send back an organized, polished finished product of your payer contracts, all housed in your ContractMaster tool.
Take a closer look at HBN’s ContractMaster tool features: