
Spotting the time bombs in your managed care contracts
Murphy Austin Adams Schoenfeld LLP, Sacramento, CA
The primary focus of most managed care contract negotiations is rates. Many contracts are filled with boilerplate language, much of which can be overly long, complex, and inapplicable to a provider’s needs. However, every term of a contract is binding, and many non-rate terms affect a contract’s profitability. A term that is not clearly defined can act as a “time bomb” waiting to explode in the midst of the contract’s performance. This article introduces some of the leading time bombs so that you may first recognize them and then defuse them or understand their effect on your contract’s valuation.
| Commun Oncol 2005;2:435439 | full text |