March 24, 2025

What Every Practice Should Know About Payer Contracts (But Didn’t!)

What Every Practice Should Know About Payer Contracts (But Didn’t!)

Episode Summary:

In this episode of Practice Perfect Podcast, we break down the most overlooked yet crucial aspects of payer contracts. Are you leaving money on the table? Do you know when to negotiate, push back, or walk away? We’re diving into the must-know contract terms, red flags to watch out for, and insider tips to ensure you’re getting the best deal.

From understanding your leverage to why you should treat contracts like relationships (yes, sometimes you just need to walk away!), this episode is packed with practical advice, humor, and surprising insights to help your practice stay profitable and protected.

Compare before you commit – How active comparisons and expert consultations can help you negotiate better contracts.
Know your worth – If a payer doesn’t value your extended hours or patient care efforts, you CAN say no!
Contracts aren’t forever – They’re like relationships—if it’s not working, don’t be afraid to walk away!
Telehealth & reimbursement trends – What you need to know about chronic care management, remote patient monitoring, and compliance changes.
Maximize your revenue – Smart ways to increase income beyond direct patient visits.

Next Up: Top Payer Myths – Fact vs. Fiction

Think you know payers? Think again! In our next episode, we’re busting some of the biggest myths, including:

🚫 "Payers never pay on time."
🚫 "Small claim errors always lead to rejection."
🚫 "You can’t negotiate with payers."

Join us as we separate fact from fiction and give you the tools to take control of your revenue!

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