If you`re looking for a more comprehensive guide to writing a contract, “Write a Kick Butt Contract for Your Medical Billing Service” on the Medical Billing Business Books page. This is an 82-line guide to establishing a contract tailored to your situation and containing information on contracts, errors and omissions insurance, compliance plans and a section on the pricing of your medical billing activity. A contract is very important for a medical billing entity to define the roles and responsibilities of both parties, as well as to define services, prices, conditions, etc. It should also clearly describe the responsibilities of the client and the medical billing service. [In addition to other permitted purposes, parties should indicate whether the settlement medical counterparty has the right to use protected health information to identify the information referred to in 45 CFR 164.514(a)–(c). The parties may also wish to indicate how the counterparty will anonymize the information and the uses and disclosures of anonymous information authorized by the counterparty.] 14. This medical settlement agreement shall be construed in accordance with the laws of the State of Georgia and all disputes between the parties regarding the validity, interpretation or performance of any of the terms or provisions of any of our billing medical contracts or the rights or obligations of the parties shall be settled in Georgia. If it is necessary for ACME to engage a lawyer to recover all amounts due to ACME in accordance with the terms of this Service Agreement, ACME is entitled to recover appropriate attorneys` fees in addition to its prejudice. Before you determine which method is best for you, you need to understand the market you`re working in. Your fees depend on the rates of your competitors and those of your competitors who work for which medical practices. You should also do some research to find out which doctors` offices are not currently using a billing medical service for payment collection.
Upon termination of this Agreement for any reason, the counterparty shall return to the covered entity any protected health information obtained by the covered entity or established, maintained or received by a counterparty on behalf of the covered entity [or, if approved by the covered entity], that it still maintains in any form. The counterpart of the medical billing must not keep copies of the protected health information. The development of a good medical billing contract is an important element for any medical billing operation. There are many intruders in the smooth running of the process. Your contract should settle this in advance. While many healthcare providers do their own coding, others do not. . . .