Health Plan Multi-tasking

Nearly 6,000 health plans exist in the United States (for a look at the list of those health plans, check out OPEN MINDS Intelligence Explorer). And as provider organization executive teams look at growth and expansion into new services and/or new geographies, the number of health plan contracts held by any single provider organizations is likely to grow. For example, a provider organization that wanted to serve all Medicare consumers in the greater Miami area would need contracts with over 70 health plans.

Not surprisingly, there are costs associated with managing health plan contracts. There are costs related . . .