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Medical Billing Contract : How To Save A Bundle In Attorney Fees

A medical billing contract between your billing service and the health care provider is basically a summary of the expectations and responsibilities of both parties. The better job you do communicating and clarifying the medical billing service agreements through your written contract, the less likely you'll have an unhappy client or possibly a lawsuit.

Medical billing service agreements

Read on to seeall the basic ingredients of a good medical billing contract, along with some thought provoking topics so you will have a well thought out service agreement in mind when you meet with your attorney to review or prepare your contract. Since most attorneys charge by the hour, you could save a good a bit of money if you have an idea of what you would like in your billing agreement.

A word of caution; if you have thought of searching the internet for a "sample contract" and just putting your name on it, we would strongly recommend you reconsider. No two medical- billing companies are alike nor are any two health care providers. Each of your clients will have different needs and those special needs and expectations should be reflected in their contract. If you are ever sued or have a doctor who does not pay you for services rendered, you will surely wish you had invested a little more time and money preparing a unique medical-billing-contract that was reviewed by your attorney to protect your business.

You will need help determining what should be included in any contract to be sure you cover all the pertinent points and make sure all issues which should arise are addressed. A great e-book to help you is Write a Kick Butt Contract For Your Medical Billing Service! This book will give you the facts to enable you to create a solid billing contract.

Write a Contract For Your Medical Billing Service

What Should Be Included In Your Medical Billing Contract?

Many items you'll want to cover in your contract will be based on your healthcare providers specialty and the unique services provided to the practice. A good place to start is to picture what a successful medical billing business relationship would look like, then make sure everything in your contract helps this become a reality. Next, you want to think of everything that could go wrong and detail how it will be handled if a dispute should arise.

Some of the things you should consider including in your medical billing agreements are:

  • How and when you will be paid (percentage billing VS flat fee VS hourly rate) * Click here to get more information about Pricing Your Medical Billing Service
  • What services you will provide
  • What do you expect from the provider
  • Reporting issues
  • Length off contract
  • Termination process
  • Confidentiality in order to comply with HIPAA
  • Hold harmless agreements
  • Arbitration agreement
  • Set up fee
  • Minimum monthly fee (this may be a big negative for a new medical provider)
  • Do insurance EOB's and patient payments go to you or the doctor
  • Hold harmless clause
  • It would be nearly impossible for your medical billing contract, or any service agreement, to cover every dispute that could ever arise. But with the help of the above mentioned resource and competent legal counsel you should be able to prepare a contract that anticipates the most typical problems that might arise.And it should go with out saying that you should always have any medical billing contract reviewed by your attorney.


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