Physicians are working harder than ever, producing more work per full-time equivalent than ever before. Yet in many cases their incomes are level, or decreasing. CMPM has been very successful in developing and implementing a contracting strategy for client groups to reverse this trend. With its management expertise and superior reporting capabilities, CMPM has successfully taken groups through the entire process and, without fail, has been able to gain significant increases in all markets with all carriers in which it has a client relationship.
CMPM has extensive knowledge and experience in reviewing and negotiating third-party contracts. CMPM strives to meet the revenue goals of its clients by first developing a contracting policy that considers the local market and its current trends. This contracting philosophy directly determines the pricing theory for the group. This strategy provides a managed care matrix, a tool that identifies attributes of managed care companies currently contracting with the practice. It will identify outliers who have a reimbursement schedule that is inappropriate and contracts that are not performing as anticipated. It will also assist in analyzing proposals from other managed care entities that are being reviewed.
The contracting service begins with the development of a pricing and contracting strategy for the practice based on our analysis of the client's payers and financial position.
We follow up by monitoring contract terms and by meeting with the carriers when they are not in compliance with the terms negotiated.
© 2008 Comprehensive Medical Practice Management, Inc. All rights reserved.
Our contracting service 
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