Contract Management
Negotiating contracts with providers and facilities today yields various payment arrangements and methodologies.  Our system is built to allow for a multitude of payment arrangements as well as allow contracts to be held at multiple levels depending on the contracting entity. 

Feature

Benefits

Procedure Pricing Sets allow procedures to be priced using various pricing types Codes can be priced using McGraw-Hill, percent of billed, flat rates, Medicare RBRVS, UCR, Distributed RVU dollar equivalency and/or Capitated.· Provides your organization with unlimited flexibility when entering and maintaining reimbursement schedules.· Your organization can specify whether an authorization should be required for each procedures or a range of procedures· Withhold amounts can be tracked for each procedure or range of procedures defined.
Contracts can differ base on multiple factors Fee schedules can change based on Health Plans, Benefit Plans, Service Location, and/or affiliation with the network.
Provider contracts can be held at multiple levels Contracts can be attached at a provider level, to an entire provider group, or a vendor.

The “Payee Override” feature allows a vendor  to be assigned to a single contract allowing your organization to cut checks to various vendors based upon the contractual arrangement.  As always a default vendor can also be defined.

Hospital Revenue Code Sets allows users to establish reimbursement schedules for inpatient services Users can enter single codes or ranges of codes and assign either a percent of billed or per diem schedule of reimbursement for those services.
“Do Duplicate” function allows for a defined contract to be instantly replicated, modified and saved as a new Procedure Pricing Set or HRC Set Saves your organization significant data entry time. With the push of a button, users can create a new set that is similar to the original set without complete re-entry of the pricing set information.
Capitation contracts and the Fee-For-Service equivalents can be tracked simultaneously Automatically calculates Fee-For-Service equivalents on all capitated services.· Fee-For-Service equivalents are used to calculate Provider Stop loss amounts.

 

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