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Insights
Cash pay and out-of-network revenue can look strong early on. However, for many behavioral health providers, that model creates long-term risk.
In The Business of Care: Elevating Behavioral Health Reimbursement with Purpose on the Becker’s Healthcare Behavioral Health Podcast, Kevin Isaacs explains why delaying behavioral health payer contract negotiation often leads to lower reimbursement and reduced financial stability.
Most providers eventually move in-network. But many accept rates that are not sustainable.
At the same time costs continue to rise, competition increases, and access to care remains limited.
As a result, providers struggle to grow while patients struggle to find care.
Many organizations do not benchmark their rates, don’t know what their competitors are paid, and don’t use data in negotiations.
Because of this, they often settle for less than the market supports.
When providers use market and outcomes data, negotiations change. Stronger reimbursement supports financial stability, provider growth, and expanded access to care.
Cash pay can mask underlying problems. If your contracts have not been reviewed recently, they may not reflect your true value.
Listen to The Business of Care: Elevating Behavioral Health Reimbursement with Purpose on the Becker’s Healthcare Behavioral Health Podcast to hear the full discussion. Listen below or on Becker’s Healthcare, Apple Podcast, or Spotify.
If you have not reviewed your payer contracts in the last 24 months, it may be time to reassess your strategy. Take our short self-assessment to evaluate whether your organization may be leaving revenue on the table.
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