Revenue Cycle Management: Negotiating Managed Care Contracts



Duration:APPROX. 50 Min

Instructors:Coral MED and Guest Speakers

Learning Credits:1.5 CEU

*This course was recorded on Sep 26, 2023.


This course provides a comprehensive understanding of revenue cycle management in healthcare organizations with a specific focus on negotiating managed care contracts. Participants will explore the various aspects of revenue cycle management and gain practical skills in analyzing, negotiating, and managing managed care contracts. Emphasis will be placed on contract evaluation, reimbursement models, and strategies for optimizing revenue streams within managed care frameworks.

1. Understand the components and stages of revenue cycle management in healthcare. 2. Explore the intricacies of managed care contracts and reimbursement models. 3. Analyze and evaluate managed care contracts for financial implications. 4. Develop negotiation strategies for optimizing contract terms and rates. 5. Apply best practices for managing and monitoring managed care contracts. 6. Enhance revenue cycle performance within the context of managed care.
By the end of this course, participants will be able to: 1. Explain the fundamental concepts and components of revenue cycle management. 2. Evaluate and interpret managed care contracts and their financial implications. 3. Develop effective negotiation strategies for managed care contracts. 4. Apply analytical skills to optimize revenue within managed care frameworks. 5. Implement best practices for managing and monitoring managed care contracts.
1. Basic understanding of healthcare finance and reimbursement mechanisms. 2. Familiarity with healthcare administration and managed care concepts.
1. Participants should register in advance to receive access details. 2. Access links and passwords, if applicable, should be provided securely to registered participants. 3. Participants are encouraged to join the webinar a few minutes early to resolve any technical issues 4. Participants are responsible for ensuring they have a stable internet connection, compatible devices (computer, tablet, or smartphone), and recommended browsers. 5. A microphone and webcam may be required for interactive sessions. Please test your audio and video settings in advance. 6. The webinar may be recorded for educational purposes. 7. Recorded sessions may be shared with registered participants after the webinar. 8. Please be mindful not to share personal or confidential information during the webinar. 9. A detailed agenda will be provided, and each session will adhere to the schedule to cover all planned topics. 10. Time will be allocated for Q&A sessions and discussions. 11. A helpdesk or contact information for technical support will be provided during the webinar. 12. Common technical issues will be addressed at the beginning of the session. 13. Relevant resources, such as presentation slides or additional reading materials, will be shared after the webinar. 14. Follow-up communications may include additional insights, answers to outstanding questions, or announcements related to the webinar.
This course is suitable for: 1. Healthcare administrators and managers involved in revenue cycle operations. 2. Financial analysts or professionals in healthcare settings. 3. Professionals involved in managed care contracting and negotiations. 4. Students pursuing careers in healthcare administration or finance.