HC 366 Herzing University Week 6 Managed Care Plans Contract Negotiation Discussion Unit 6 Discussion – Contract Negotiation 11 unread reply.11 reply. Co

HC 366 Herzing University Week 6 Managed Care Plans Contract Negotiation Discussion Unit 6 Discussion – Contract Negotiation

11 unread reply.11 reply.

Contract Negotiation

Successfully negotiated managed care contracts involve preparation, compromise, and collaboration, according to HFMA. It is important that healthcare organizations and constituents set forth their expectations with regard for payer needs in order realize impending benefits of successful contract negotiation.

Instructions: Summarize the importance of managed care contracts from the perspective as a healthcare professional OR a patient. Include information about the following aspects of contracts, all from the selected perspective of either the healthcare professional or the patient:

The purpose of negotiating
Possible benefits and risks as a result of the established contract
Why preparation, compromise, and collaboration are necessary in the process

Please be sure to validate your opinions and ideas with citations and references in APA format.

Estimated time to complete: 1 hour

This topic is valued at 40 points. Please review post and response expectations. Please review the rubric to ensure that your response meets criteria.

Cite any resources/references in APA formatting that were used in the discussion – if applicable.

Reference:

Vega, K. B. (2017). Successfully Negotiating Managed Care Contracts (Links to an external site.). [Website]
Peer Responses/Participation

Instructions: Read the posts made by classmates. For at least one post, respond to a classmate that chose the same initial perspective (hospital professional or patient). For the second post, respond to a classmate that chose the other option for perspective. The third post can be either perspective. Respond with the following:

Describe any new information gained from the classmate’s post.
Describe a personal experience in signing a contract.
Was there negotiation involved? If so, describe that experience.
How were preparation, compromise, and/or collaboration utilized in that process?
After reflection on that experience, how could preparation, compromise, and/or collaboration helped to make the process go more smoothly?

Please be sure to validate your opinions and ideas with citations and references in APA format. Estimated time to complete: 1-hour x 3 (3 hours total)

Please review post and response expectations. Please review the rubric to ensure that your response meets criteria.