Managed Care Nursing

Category - Healthcare Economics

Identify the basic steps a provider should take regarding MCO contracts.
  1. Understand there is usually no room for negotiation of terms or provisions
  2. Understand claims submission and payment methods
  3. Avoid signing any MCO contracts
Explanation
Answer: A and B-Basic steps a provider should take regarding negotiations of MCO contracts include understanding the terms and provisions, claims submission and payment methods. The provider should also understand that there is always room for negotiation as mutual respect is a critical point of contractual relationships.
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