Here are three options to consider if you decide to make physician participation a regular part of your denial management program:
Option #1: Pay a physician for denial management.Your organization may be able to hire a physician advisor to work on denial management who wouldn’t have any other administrative or clinical responsibilities. The physician advisor could work on a contingency basis—that is, his or her fee would be based on the amount of insurance reimbursement he or she facilitates. Another option is to add this function to the job description of a physician already involved in administration, such as your medical director.