Vermont Administrative Services Agreement with Physicians

• Category: Contracts - General
• State: Multi-State
• Control #: US-00786BG
• Format: Word; Rich Text

Description

This is a sample of an agreement between an organization created to provide administrative and billing services to physicians' practices and a physician.

Vermont Administrative Services Agreement with Physicians: The Vermont Administrative Services Agreement with Physicians refers to a contractual agreement between the state of Vermont and physicians or medical professionals providing services within the state. This agreement outlines the terms and conditions under which the physicians offer their services and the administrative support provided by the state. Keywords: Vermont, Administrative Services Agreement, Physicians, contractual agreement, medical professionals, services, administrative support. Under this agreement, the state of Vermont collaborates with physicians to ensure efficient and effective healthcare delivery to its residents. It covers a wide range of administrative aspects, including billing and payment, records management, claims processing, and compliance with state and federal regulations. The agreement is designed to streamline administrative processes and enhance the overall healthcare experience for patients. Vermont has different types of Administrative Services Agreements with Physicians, tailored to meet specific needs and requirements: 1. Fee-for-Service Agreement: This type of agreement outlines payment terms based on the services provided by physicians on a fee-for-service basis. It encompasses detailed information on the billing procedure, reimbursement rates, and documentation requirements. 2. Managed Care Agreement: This agreement is specifically designed for physicians participating in managed care programs, such as Medicaid or Medicare. It includes provisions related to network participation, utilization management, prior authorization, and coordination of care within the managed care organization. 3. Value-based Payment Agreement: In line with Vermont's healthcare reform initiatives, this agreement focuses on outcomes and value-based reimbursement models. It incentivizes physicians to provide high-quality care at reduced costs, promoting collaboration and promoting healthier populations. 4. Accountable Care Organization Agreement: Accountable Care Organizations (Acts) consist of healthcare providers who coordinate care for a defined population. This agreement outlines the administrative framework for physicians participating in an ACO, including shared savings arrangements, care coordination, and quality improvement initiatives. Regardless of the specific type, Vermont's Administrative Services Agreement with Physicians plays a crucial role in fostering collaboration between the state and physicians, ultimately improving the overall healthcare system for Vermont residents.