There is a dynamic shift in the healthcare arena where insurance payers are willing to negotiate reimbursement rates for small and mid-sized physician groups, The White Coat Investor writes. The reason for this is because insurance payers are starting to realize that the “bread and butter” of their network consists of small to mid-sized groups (1-10 physicians) and they have been ignoring this subset for far too long.
Insurers are also starting to realize that if they continue to ignore this segment of the network, these physicians will be forced to join larger groups that have more leverage to negotiate higher reimbursement rates. Payers understand that they have created the problem and seem to be offering the solution. They are willing to open the negotiation table—but be wise in how you negotiate your reimbursement rates. Read more.
