BC Advantage - 2006 Issue 1

Do you have the contract you need?

EVERY medical billing company should have a comprehensive contract and review it often. The contents of a good contract  will spell out exactly what you will provide to a client and should include clauses such as: term, renewal, services to be provided, covenants of client, compliance with insurance programs, programming modifications, ownership of software, fee payment, confidentiality, liability, termination, waiver or breach, litigation, modifications, agreements outside contract and more.Companies should also consider the following:- Charge a startup fee and be willing to spread out the cost to the client over the first year of the contract.- Make...

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