Medical Billing Forum

General Category => General Questions => Topic started by: lgentle on May 03, 2010, 06:42:22 PM

Title: contracts
Post by: lgentle on May 03, 2010, 06:42:22 PM
I am trying to write up a contract for my new business. I saw that you could from some examples online on how to write a contract. Could someone help me please.
Laurie
Title: Re: contracts
Post by: PMRNC on May 04, 2010, 06:23:07 AM
I strongly advise you not to use samples from the internet and instead have an attorney help you. The contract is one of the most important parts of your business. If you want providers to outsource, it stands to reason to have an experienced attorney handle legal aspects of your business. Those samples you might find around the internet will NOT be enough to cover you.
Title: Re: contracts
Post by: lgentle on May 04, 2010, 10:32:08 AM
Thank you for the help.
Title: Re: contracts
Post by: lgentle on May 04, 2010, 12:17:24 PM
I have another question about contracts. What type of question do I put in the contract? I know that you put what you are charging them and the day you get paid. But what type of legal things go in it?
Title: Re: contracts
Post by: PMRNC on May 05, 2010, 05:16:42 PM
Too much to go into a post here, that's why it's best to leave this to an attorney. Legal contracts contain a lot of legal verbiage and it would not be prudent for anyone to give legal advice. What I did was create myself a list of all the things that could go wrong, I outlined all my services, fees, terms and then had an attorney draft the final draft. I pay my attorney on a retainer basis but you can find one that will do it on a fee-for service. I like having an attorney on retainer in case I need that contract backed up in court. Also having one on retainer will give you a discount on your E/O insurance as well.
Title: Re: contracts
Post by: medauthor on May 06, 2010, 11:16:06 AM
Check to see if your state's dept of banking and ins has requirements that need to be listed in the contract between you and your clients.  The state of NJ does have specific requirements that must be listed in your contract; you must include your contract in your third-party billing service application here in NJ.
Title: Re: contracts
Post by: Pay_My_Claims on May 06, 2010, 11:46:46 AM
Check to see if your state's dept of banking and ins has requirements that need to be listed in the contract between you and your clients.  The state of NJ does have specific requirements that must be listed in your contract; you must include your contract in your third-party billing service application here in NJ.

boooooooooo!!
Title: Re: contracts
Post by: PMRNC on May 06, 2010, 12:32:50 PM
Charlene.. LOL  You are looking at this the wrong way. States that have higher regulative statutes/rules are only HELPING our industry.. Bet you didn't know that more billing companies in NJ have a better reputation rate than other states.Just view their registered listing and there are a bunch of well known billing companies on there. ....Why is that? Because the state has taken steps to "Legitimize" our industry.. I say kudos on that topic. I'd like to see other states follow!! The more states that take these regulatory steps the more we will weed out the bad seeds.