The live webinar has ended; stay tuned to this space for access to the video replay.
Throughout the United States, Preferred Provider Organizations (PPOs) are taking massive cuts from reimbursements for treating injured workers, making workers’ comp less sustainable for providers.
Worse, many providers do not realize how much revenue PPO discounts are stripping from their practice — one procedure code at a time.
Nationwide, providers are increasingly alarmed by the effects of PPO discounts. In our upcoming free, live webinar, daisyBill cofounder Sarah Moray will share examples from California practices to show:
And of course, we’ll take time to answer your questions.
Once a doctor signs even a single PPO discount contract, Pandora’s box is open — and the results are arguably not worth the (often steep) price. The complex networks of PPOs, claims administrators, bill reviews, and other entities are nearly impossible to keep track of.
Leasing, selling, and transferring of PPO discounts between different entities (which often utilize sophisticated tools to find the lowest price for a given service) is rampant, and can quickly make revenue management a nightmare for the practice.
The good news: technology can identify and assess the damage.
Your practice may be bleeding revenue due to PPO discount agreements of which no one in your office is even aware. In fact, inquiries by daisyBill have revealed instances where even the claims administrator cannot furnish proof of the provider’s agreement to a given discount contract.
In other words, PPO discounts are like poisonous mushrooms: they thrive and multiply in the dark. However, thanks to the data management enabled by e-billing, we can now see a clear, accurate picture of how PPOs impact a given practice.
In our webinar, providers and staff can learn how to:
Learn how PPOs (really) work, and what you can do to accurately, efficiently track and manage practice revenue.
DaisyBill provides content as an insightful service to its readers and clients. It does not offer legal advice and cannot guarantee the accuracy or suitability of its content for a particular purpose.