This is a sample of an agreement between an organization created to provide administrative and billing services to physicians' practices and a physician.
New Mexico Administrative Services Agreement with Physicians is a legal contract between healthcare providers and administrative service organizations (ASOS) that delineates the terms and conditions of various administrative services provided to physicians and medical practices. This agreement aims to streamline operational processes, improve patient care, and ensure compliance with legal and regulatory requirements in New Mexico. Keywords: New Mexico, Administrative Services Agreement, Physicians, healthcare providers, administrative service organizations, legal contract, terms and conditions, operational processes, patient care, compliance, regulatory requirements. Different Types of New Mexico Administrative Services Agreement with Physicians: 1. Practice Management Agreement: This agreement outlines the administrative services offered by an AS to assist physicians in managing their medical practices efficiently. It typically covers areas such as billing and coding, revenue cycle management, electronic health record (EHR) maintenance, staff management, and compliance support. 2. Credentialing Services Agreement: A credentialing services agreement focuses on the AS's role in verifying and assessing the qualifications, licensure, and credentials of physicians practicing in a particular healthcare facility or organization. It ensures that the physicians meet the necessary requirements to provide safe and quality care to patients. 3. Financial Services Agreement: This type of agreement details the financial services offered by an AS to physicians, including accounting, bookkeeping, financial reporting, tax preparation, and financial planning. It aims to streamline financial processes, improve revenue generation, and ensure compliance with relevant financial regulations. 4. Compliance Services Agreement: In an effort to comply with the complex web of healthcare regulations, physicians may engage an AS to provide comprehensive compliance services. The agreement typically includes services such as developing compliance plans, conducting audits and risk assessments, and implementing policies and procedures to ensure adherence to state and federal regulations like HIPAA and Stark Law. 5. Human Resources Management Agreement: Physicians and medical practices may opt for an administrative services' agreement that focuses on human resources management. This agreement covers a wide range of services including staffing, recruitment, employee benefits administration, payroll management, performance evaluations, and training and development. 6. IT Support and Infrastructure Agreement: To effectively manage and maintain the technological infrastructure required for a healthcare practice, physicians may enter into an administrative services' agreement that exclusively deals with IT support services. This agreement covers services like cybersecurity, network management, hardware and software maintenance, data backup, and EHR system management. By entering into specific types of administrative services agreements, physicians in New Mexico can efficiently delegate administrative tasks and responsibilities to ASOS, allowing them to focus on providing quality medical care to their patients while ensuring operational efficiency, compliance, and financial sustainability.
New Mexico Administrative Services Agreement with Physicians is a legal contract between healthcare providers and administrative service organizations (ASOS) that delineates the terms and conditions of various administrative services provided to physicians and medical practices. This agreement aims to streamline operational processes, improve patient care, and ensure compliance with legal and regulatory requirements in New Mexico. Keywords: New Mexico, Administrative Services Agreement, Physicians, healthcare providers, administrative service organizations, legal contract, terms and conditions, operational processes, patient care, compliance, regulatory requirements. Different Types of New Mexico Administrative Services Agreement with Physicians: 1. Practice Management Agreement: This agreement outlines the administrative services offered by an AS to assist physicians in managing their medical practices efficiently. It typically covers areas such as billing and coding, revenue cycle management, electronic health record (EHR) maintenance, staff management, and compliance support. 2. Credentialing Services Agreement: A credentialing services agreement focuses on the AS's role in verifying and assessing the qualifications, licensure, and credentials of physicians practicing in a particular healthcare facility or organization. It ensures that the physicians meet the necessary requirements to provide safe and quality care to patients. 3. Financial Services Agreement: This type of agreement details the financial services offered by an AS to physicians, including accounting, bookkeeping, financial reporting, tax preparation, and financial planning. It aims to streamline financial processes, improve revenue generation, and ensure compliance with relevant financial regulations. 4. Compliance Services Agreement: In an effort to comply with the complex web of healthcare regulations, physicians may engage an AS to provide comprehensive compliance services. The agreement typically includes services such as developing compliance plans, conducting audits and risk assessments, and implementing policies and procedures to ensure adherence to state and federal regulations like HIPAA and Stark Law. 5. Human Resources Management Agreement: Physicians and medical practices may opt for an administrative services' agreement that focuses on human resources management. This agreement covers a wide range of services including staffing, recruitment, employee benefits administration, payroll management, performance evaluations, and training and development. 6. IT Support and Infrastructure Agreement: To effectively manage and maintain the technological infrastructure required for a healthcare practice, physicians may enter into an administrative services' agreement that exclusively deals with IT support services. This agreement covers services like cybersecurity, network management, hardware and software maintenance, data backup, and EHR system management. By entering into specific types of administrative services agreements, physicians in New Mexico can efficiently delegate administrative tasks and responsibilities to ASOS, allowing them to focus on providing quality medical care to their patients while ensuring operational efficiency, compliance, and financial sustainability.