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Related Experiment Videos

Group practice contracting with managed care: Part 2.

Lewis W Mustard1

  • 1Healthcare Negligence Control, Inc., P.O. Box 2442, Chapel Hill, NC 27515, USA. executivehealthcare@yahoo.com

The Journal of Medical Practice Management : MPM
|September 16, 2003
PubMed
Summary

Navigating managed care contracts requires understanding market dynamics, legal aspects, and stakeholder needs. This article offers a framework for successful contract negotiations for healthcare practices and organizations.

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Area of Science:

  • Healthcare Administration
  • Contract Law
  • Managed Care

Background:

  • Managed care contracts present significant complexity for healthcare providers.
  • Understanding market dynamics and legal frameworks is crucial for successful contract negotiation.

Purpose of the Study:

  • To provide a structured framework for healthcare administrators and practices.
  • To guide negotiations for managed care contracts.

Main Methods:

  • This article is the second in a series.
  • It outlines key considerations for contract negotiation.

Main Results:

  • A comprehensive framework for approaching managed care contract negotiations is presented.
  • Key factors include market characteristics, legal considerations, and organizational needs.

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Conclusions:

  • Effective managed care contract negotiation requires a strategic approach.
  • The framework aims to support administrators and practices in achieving favorable contract terms.