Managing Multiple Payer Relations

The Editorial Advisory Board of HME Business recently shared their insights into what key trends they think providers should be incorporating into their strategic business planning for at least the near term. They believe that providers must diversify and learn how to deal with multiple payers and revenue sources. Specifically, they must learn how to work with a mix of Medicare/Medicaid managed care organizations, private payer insurance carriers, facilities-based care providers such as skilled nursing facilities, and health plans. Details about negotiating with various payers, interacting with patients and referral partners more effectively, new business management techniques and what resources are available to providers are all outlined in a recent article from HME Business.  

Click here to read the HME Business article.