Practice Notes – The pros and cons of leaving insurers’ provider panels
Abstract: Many physicians are seeing fewer advantages to remaining on an insurance company’s provider panel. They’re opting instead to become out-of-network providers for the same insurer. They do so because, in addition to avoiding billing and payment headaches that come with health plan relationships, out-of-network status can lead to higher reimbursement rates. But, as this article explains, there are risks to consider as well.