The shift to value-based payment is not the only area physicians need to watch when it comes to reimbursement. Here are three other areas to closely monitor:
• Contract changes. Payers are modifying their contracts more often. Pay close attention to any notifications you receive.• Payment problems. The cost for services you provide may be changing, and you may be offering more services than you have in the past. Make sure payer contracts still align with your cost to do business.• New plans. Your payers may be offering new plans through the health insurance exchanges. Determine whether inclusion or exclusion from these plans will benefit your practice.