Contracting and participating in payor contracts can be a great way to reach patients. It also comes with some administrative burden. Contract negotiation, credentialing, making sure your clinic and therapist information stays up to date, contract and regulatory compliance, and staying up to date on the latest payor and industry news all take time and resources. Let us help.
PREFERRED Therapy Providers supports a vast network of therapists across the country, advocating for them with health insurance companies, HMOs, ACOs, PPOs, self-insured employers, third-party administrators, workers’ compensation carriers, auto insurance carriers, and specialty networks (collectively referred to as payors). By leveraging our experience and reach, you can save time and money by tapping into our network and services.
Payor Contract Development
As a member of our network, you gain access to our expertise. Over the past three decades, we have built a portfolio of contracts with payors. We advocate for our providers and help payors understand what rates are acceptable to you. We work with you and your billing team when claims are not paid according to the contract. Our flexible network model allows you to choose the contracts that work for you. Joining the PREFERRED network allows you to increase your contract portfolio while lowering your administrative burden. As a partner in the process, we’re here for you every step of the way.
Minimizing the Administrative Burden
We know that working with payors on your own can be time consuming and at times challenging. We simplify the credentialing process and manage your clinic and therapist information to keep it up to date with our contracted payors so you don’t have to. We report weekly so information changes are communicated timely. We help you stay compliant with payor contract requirements such as annual compliance attestations. Working with Medicare requires that you monitor the Office of Inspector General and SAM exclusion lists to ensure your therapists are not excluded from Medicare. We do that for you. With us on your side, you’ll spend more time with your patients and fewer resources on administrative burden.
Your One-Stop Shop
PREFERRED is one of the largest therapist-focused networks in the US. We manage contracts for health insurance companies, HMOs, ACOs, PPOs, self-insured employers, third-party administrators, workers’ compensation carriers, auto insurance carriers, and specialty networks locally, regionally, and nationally. As a network provider, you can simplify your administrative burden and strengthen your contract portfolio.
Contact us to learn more about how you can join the PREFERRED network.