Our Methodology
We follow a data-driven, strategic process to help your practice negotiate better reimbursement rates—without the confusion or guesswork. Here's exactly how we do it.
Our Proven 4-Step Process:
1.
Gather & Analyze
Gather and analyze your fee schedules and current reimbursement by CPT code for your top 5 payors
2.
Benchmark Against the Market
Benchmark those findings against market data and the CMS fee schedule
3.
Present & Align
Summarize and present our findings to the practice owner(s) and agree on our strategy for negotiations
4.
Negotiate for Maximum Value
Negotiate and capture the best possible increases for your practice
Key Factors: What to Expect
Not every insurance company will negotiate
In our experience, 1 or 2 of your top 5 payors may decline to negotiate.
Rate increases vary
Outcomes depend on factors like market conditions, clinic reputation, and existing contract terms.
High ROI is the norm
Practices typically achieve a 3x to 10x return on their investment with MediNegotiate.