increase in revenue in a single year
Increased reimbursement on top 3 revenue-producing payor contracts
Bone and Joint Surgery Center of Novi knew they wanted to renegotiate their top three revenue-producing payor contracts, but didn’t have the time or tooling to dedicate towards a successful renegotiation effort.
Bone and Joint Surgery Center of Novi utilized PayrHealth’s experience and expertise to create a strategy. PayrHealth provided a comparison analysis for three of Bone and Joint’s commercial payors. PayrHealth also provided an analysis detailing the original contracted rates vs. the new proposed rate by payor.
COMPARISON ANALYSIS
CONTRACT ANALYSIS
Leveraging PayrHealth’s tools and support, Bone and Joint Surgery Center of Novi obtained increased reimbursement on major contracts. They realized a double-digit percentage increase.
Having negotiated over 50,000 contracts in all 50 states, PayrHealth has the knowledge and expertise to secure highly competitive rates and terms for your contracts, no matter how outdated they are or how big a player the payor is.