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HBN NewsHBN Launches FeeMaster at National Medical Group Managers Association Conference
The target market for FeeMaster is small- to medium-sized practices that typically do not have a staff member whose primary role is to negotiate contracts. Managers and physicians in these practices are performing multiple tasks every day, and this tool very affordably simplifies the contracting function with results that can significantly affect the bottom line. Health Business Navigators staff has used FeeMaster in consulting work to help client practices negotiate better managed care contract rates for several years. Recently, HBN decided to make the tool available to medical practice managers, executives, and physicians so that practices can have aggregate and detailed reimbursement information for offers and counter-offers at their fingertips while negotiating their contracts. The MGMA conference launched the availability of FeeMaster to practices, providing discounted rates to MGMA members placing orders through December 3, 2005. Among the HBN associates who helped demonstrate FeeMaster was Barbara Morgan of Atlanta. Barbara has 15 years of experience on the payor side of the industry and pointed out to attendees that, "FeeMaster tells you what payors don't want you to know during your negotiation process. Also offered to conference attendees were Health Business Navigators' other products and services including: Patient Satisfaction Surveys, Ad Hoc Reporting and Data Analysis, and Marketing and Image Development. Ms. Noyes indicated that practice managers welcome having a "go-to person” for these services when their small- to medium-sized practice does not warrant having a full-time person dedicated to it. FInd out more about FeeMaster.
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