The Healthcare Entrepreneur Blog

Insurances are now rated by the AMA

by Andrew Levy PT, MBA | June 19th, 2008 | No responses

Healthcare providers work hard to care for their patients. Providers always want to spend more time with patients. The requirements to meet patient expectations, complete the documentation required and submit billings sometimes leaves little time to make sure that the payments from payers are timely and accurate. A recent study by the AMA grades insurance companies, focusing on their ability to process and pay claims appropriately. It is worth spending the time to insure accurate and timely payment.

 “The goal of the AMA campaign is to hold health insurance companies accountable for making claims processing more cost effective and transparent and to educate and empower physicians so they are no longer at the mercy of a chaotic payment system that takes countless hours away from patient care,” William A. Dolan, an AMA board member, told the Chicago Tribune.

 

Andrew Levy PT, MBA