MANAGING YOUR SHARED CONTRACT FILES
Issue : The ability to attach a shared contract to multiple insurance companies is an excellent way to save time and ensure that the pricing for multiple insurance companies is always correct. The ability to assess your business financials accurately is always dependent on billing and expecting your receivables correctly! Several of our clients face the challenge of knowing at any given moment which insurance companies are linked to a particular shared contract.
Cause:
- Some systems do not have reporting capabilities to locate this information without reviewing each insurance payer set up.
- Not having a spreadsheet of information outside the system or e-notes attached to the shared contract showing which insurance companies are linked to that contract.
Impact: Inability to quickly and easily ensure that your insurance payers are attached to the correct pricing schedule.
Solution:
- Be sure that there is a clear understanding of which insurance companies should be attached to a shared contract by reviewing contract language.
- Run Home Infusion Report #________ to obtain a listing of insurance companies that you need to manage through a shared contract pricing matrix.
- Lock down user access with the ability to change shared contract information.