Here’s what you should know.
1. Community Health Options’ Mike Gendreau told Maine Public the company turned a profit by reducing administrative costs, increasing rates and better educating members when to go to a physician’s office or clinic instead of the emergency room.
2. Mr. Gendreau said the changes are impacting the bottom line while also saving the beneficiaries money.
3. The co-op projects to remain profitable for fiscal year 2017.
More articles on coding, billing and collections:
American Health Care Act or ACA: Which health law do small businesses prefer?
15 states take a stand to maintain ACA cost-sharing subsidies
Pain management in 2017: Tips for thriving despite the challenges
