The Paytient Podcast

The Ins and Outs of Contracting Methodologies

July 13, 2022 Paytient Episode 10
The Paytient Podcast
The Ins and Outs of Contracting Methodologies
Show Notes

We're celebrating 10 episodes today! To mark this momentous occasion, Dr. Jay and J.R. do a deep dive into the various contracting methodologies that insurance companies use when talking to hospitals.

They start with fee-for-service models, which pay a set amount of money to providers for a given service. They also explain bundled payments, which see providers take a single payment for a collection of related services. And finally, they look at capitation — weighing all healthcare costs across a population and collecting a set amount of money based on estimates of what sort of care will be necessary.

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