Michigan multi-specialty ambulatory surgery center (ASC) succeeds in renegotiating top payor agreements that significantly increase revenue
Bone and Joint Surgery Center of Novi
Provider Type
ASC (ambulatory surgery center)
Specialty
Orthopedic, podiatric, pain management
Headquarters
Novi, MI
About the Client
Bone and Joint Surgery Center of Novi is the premier ASC for a series of specialty services including Spine, Hand, Laser, Orthopedic, Pain Management, and Podiatry in Novi, MI.
$500K+ increase in revenue in a single year
Increased reimbursement on top 3 revenue-producing payor contracts
Client Need
Bone and Joint Surgery Center of Novi knew they wanted to renegotiate their top three revenue-producing payor contracts, but didn’t have the time or tooling to dedicate towards a successful renegotiation effort.
PayrHealth's Solution
Client realized a double-digit increase in reimbursement lift rates on contracts
Bone and Joint Surgery Center of Novi utilized PayrHealth’s experience and expertise to create a strategy. PayrHealth provided a comparison analysis for three of Bone and Joint’s commercial payors. PayrHealth also provided an analysis detailing the original contracted rates vs. the new proposed rate by payor.
Key Services Utilized
Comparison Analysis
Contract Analysis
Client Outcome
Leveraging PayrHealth’s tools and support, Bone and Joint Surgery Center of Novi obtained increased reimbursement on major contracts. They realized a double-digit percentage increase.
Contact PayrHealth
Having negotiated over 50,000 contracts in all 50 states, PayrHealth has the knowledge and expertise to secure highly competitive rates and terms for your contracts, no matter how outdated they are or how big a player the payor is.
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