It is still out there alive and well.
Don’t take your eye off the ball when it comes to contracting with your payers.
Managed Care Contracting is a continual process. It should be done constantly and consistently. For a well–managed process you should be seeing 4-5% increases every year.
What is it worth? How much did you receive in total reimbursement last year? Multiply it by 5%. Is it worth it? Of course it is!
Managed Care contracting is one of those 20 to 1 Return on Investment services we do and do well!
About R. Todd Welter • MS, CPC
Founder and President of RT Welter & Associates
Mr. Welter has over 25 years of healthcare industry experience assisting physicians and other providers, hospitals and other facilities with the business side of medicine. Through strategic planning and analysis, Mr. Welter’s main focus is to strategically increase revenues and profitability in this radically changing health care environment. Mr. Welter has a Masters Degree in Organizational Leadership from Regis University in Denver where he has had an appointment as affiliate faculty in the School for Professional Studies for over ten years. In addition, Mr. Welter holds a faculty appointment at the University of Denver’s University College. In the Health Care Leadership program he teaches Macro Economics in Health Care and Innovative Strategies and Change in Health Care to graduate students.