Revenue Cycle

Tip: Create a managed care plan matrix

Patient Access Weekly Advisor, July 16, 2008

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It is useful to have a contracted insurance matrix that access staff members can use as a reference guide to identify which plans have managed care requirements. The matrix should include the following data elements:
·         A complete list of all contracted insurance healthcare plans.
·         Types of plans included in the contract (e.g. HMO, PPO, POS). Listing the included plan types is crucial. Do not assume that the contract includes all plan types.
·         All contact numbers.
·         A list of services requiring pre-certification by plan type. Often, insurance plans have different pre-certification requirements by plan type (i.e., HMO may require pre-certification, but PPO plans may not have the same requirement).
·         Services that require referral or notification requirements.
·         Reimbursement penalties if authorization is not obtained.
 
Note: This tip was featured in The Patient Access Director’s Handbook. To learn more about this book, click here.



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