Recent changes in health care is shifting the way health care organizations conduct business. The fee-for-service payment model is slowly being replaced with value- or quality-based payment models. This change is causing health care executives to be proactive in delivering health care to their respective patient populations. In some cases, participating in a payer contract is having a significant impact on their operating margins.
Payer contracts offer providers an opportunity to show that they are responsible for taking care of patients, making sure their costs are low, and not over utilizing their systems. Are you prepared to take on this risk (downside risk, upside risk, or both)?
Good Health Colorado is here to help. We can assist you with analyzing the risk associating with payer contracts and selecting the right one(s) that will make a difference with your operating margins. For more information on how we can assist you with your payer strategy, please contact us 720.601.7266 or via e-mail at firstname.lastname@example.org.