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Summit Spotlight | Don't Leave Payer Money on the Table 

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Description

Experience the excellence of the 2024 MGMA Summit by watching this year's highest rates sessions! Delve into the wealth of valuable insights and seamless organization that made our online conference a standout experience, ensuring you don't miss a moment of inspiration.

Description
Do you receive third-party payer payments accurately and on time? Many would answer "no," and the cause might be found in the organization's contract management. Unfortunately, human error is unavoidable, so missed payments and underpayments happen. Identifying and correcting these inaccurate payments often falls to providers. Without a strategy to ensure payers are complying with your contract terms, these errors can stress and disrupt your revenue cycle. Sometimes payers misinterpret contract terms or incorrectly calculate a payment. Providers can counteract this by limiting internal mistakes such as incorrect billing or failure to provide appropriate documentation.

Learning Objectives
This 60-minute webinar will provide you with the knowledge to:
  • Outline problem areas that may be contributing to payer underpayments or missed payments
  • Inspect their contract management and analysis process for gaps
  • Compare features and functionality of contract management tools based on their organization’s unique needs

Contributors

  • Timothy Daye

    Director, Managed Care Contracting, Duke University Medical Center

    Timothy Daye is a 30-year healthcare veteran with emphasis in professional contract management and collections. He has spent the last 26 years with Duke University Medical Center a 2200 physician multispecialty practice and currently is the Director of Managed Care Contracting. Timothy has been engaged in financial analytics and revenue modeling of negotiated payer contracts. In his role of contract management, he and his team have successfully recovered over $15 million in underpayments from contracted payers. In addition to underpayments, he has also provided guidance in properly submitting claims to payers, thus minimizing denied or underpaid claims. As a financial analyst, he has provided financial models used by leadership in making strategic professional contract negotiating decisions. Timothy is a graduate of North Carolina Central University School of Business and is a licensed Life and Health Insurance agent in North Carolina and Nevada.

April 18, 2024
Thu 1:00 PM EDT

Duration 1H 0M

This live web event has ended.

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