Renegotiating Your Rates
Associated Billing Center, LLC
Exclusively Serving Mental Health Providers Web: mentalhealthbillers.com
If you are an in-network provider, review your contract to look for any clauses that pertain to a request for a rate increase. You may even discover instructions for the process to make the request. Mental health providers request rate adjustments frequently so do not feel inhibited by taking such action. In addition, you can contact your insurance provider rep for guidance. Make your request reasonable based on availability of provider specialists in the area and patient demand. Speak with your colleagues who are willing to share their fee information and reasonably attempt to deduce what an acceptable rate increase request would be. Remember, insurance rates are influenced by location, specialty & demand.
Associated Billing Center can facilitate and help guide you through the request process. Also, non-par providers should review their current fees, taking into consideration the marketplace & demand.
Disclaimer: Please note: The editorial content of this page is in no way intended to be professional advice. It should be considered informational and a venue for entertainment purposes. Read and utilize it at your own discretion. Content may not be published without the expressed consent of Associated Billing Center, LLC