Use cost data to make 'go/no-go' managed care contract decisions.
Just say no to MCO?: An Arizona specialty physician group did, after carefully reviewing its costs to deliver care and determining the MCO's contract terms could lead to financial ruin. Making the "go/no-go" decision on managed care contracts can't possibly be made without reliable data on your organization's costs to deliver care. Here's how this 23-physician group evaluates contracts.
D003284:Contract Services / Q000191:economics; D003365:Costs and Cost Analysis; D003659:Decision Making, Organizational; D005249:Fees and Charges; D006123:Group Practice / Q000191:economics / Q000458:organization & administration*; D006279:Health Maintenance Organizations / Q000191:economics* / Q000592:standards; D019451:Information Management / Q000379:methods; D007256:Information Systems; D009935:Organizational Affiliation; D017063:Outcome Assessment, Health Care; D012051:Reimbursement Mechanisms; D014481:United States