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Medical Cost Containment Strategies You Should Know

Read this write up to know the various medical cost containment strategies to deliver a maximum lifetime savings result. Visit http://ans-solutions.com/ for more information.

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Medical Cost Containment Strategies You Should Know

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  1. ans-solutions.com Few Medical Co st Con ta in me n t St rat eg ie s Yo u Mu st to Know

  2. WHAT IS COST CONTAINMENT? Cost Containment is a process of maintaining the purchased prices and organizational cost within certain specified target limits over a certain period of time. Few medical cost containment strategies are mentioned below. ans-solutions.com

  3. MEDICAL MANAGEMENT In medical management process, an experienced nurse will manage and coordinate the medical care received by the employee. They evaluate the treatment and care given to the employee and review whether they are given appropriately at the right time. They aim to bring the employee back to normal, and if any additional test or treatment is needed, they will advise doctor treatment. ans-solutions.com

  4. UTILIZATION REVIEW The process of independent confirmation of the need for medical service is called utilization review, and it includes, • Precertification Reviews – Taken before providing medical care • Concurrent Reviews – Taken during the treatment • Retrospective Reviews – Taken to verify the need for the treatment provided ans-solutions.com

  5. MEDICAL BILL REVIEWS Medical bill reviews are often done by the companies that specialize in verifying the accuracy of the medical bill charges and medical bill diagnostic codes. This review includes the audit of the hospital bill and the doctor bill. ans-solutions.com

  6. INDEPENDENT MEDICAL EXAMINATION When the employee is taken to another doctor for a second opinion, the independent medical examination is done. This examination is done when the employee’s recovery gets delayed than usual. ans-solutions.com

  7. Visit ans-solutions.com for more information. Call 908 315 7500 Email info@ans-solutions.com ans-solutions.com

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