Here’s what you should know:
1. The payer and health organization agreed on a three-year deal to restore in-network access to the pediatric hospital.
2. Before the deal was struck, Children’s patients could’ve been forced to pay out-of-network rates, potentially totaling several thousands of dollars per patient.
3. Minnesota’s Attorney General Lori Swanson helped mediate the deal.
4. Contract specifics were not revealed.
More articles on coding, billing and collections:
ASC contract negotiations in a value-based world: Key thoughts from Ashton Center for Day Surgery Administrator Alfonso del Granado
Boosting reimbursement in a value-based world: 4 thoughts on ASC-payer relationships with Cardinal Health’s Marilyn Denegre-Rumbin
Pain management in 2017: Tips for thriving despite the challenges
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
