Doctors and hospitals that accept Medicare reimbursement agree to fixed prices for the services and treatments they provide to Medicare patients. The Centers for Medicare and Medicaid Services (CMS) base these prices on the provider's costs, not on what they bill. Consequently, these prices are typically lower than what insurance companies or private-pay patients pay.
With Medicare Reference-Based Pricing (RBP), payers (self-funded employers, health plans, etc.) of all sizes can pay providers a reasonable amount for their services and control their healthcare related costs short and long-term.
LEARN MOREEvery payer's needs and situations are unique. For some, switching to a RBP based plan that reimburses payers based on a multiple of the Medicare rate makes the most sense. For others paying their out of network claims or for specific claim types based on a multiple of the Medicare rate is appropriate. H.H.C. Group offers Reference Based (RBP) solutions to fit each client's unique needs.
Operationally, some payers want help with everything from plan document assistance to claim repricing, provider appeal resolution, patient education, and balance bill support/patient advocacy. Others only need some of these services. That's why H.H.C. offers its RBP services on an ala carte basis.
Medical claims are not getting any less complex. Often out of necessity, claims are frequently processed without the detailed scrutiny that would be required for billing accuracy and reasonableness. The claim volumes can be just too massive inside of the limited processing time windows. HHC Group can help payors manage these claims to enable them to pay providers correct amounts for the services they provide.