Independent Dispute Resolution
Under these new regulations, the IDR process has emerged as a critical factor in determining reimbursement outcomes. For both providers and payers, this process is now a high-stakes scenario, with millions of dollars potentially gained or lost based on how effectively each side navigates the arbitration process. Understanding and strategically managing the IDR process has become essential for providers seeking fair compensation, as the final rule introduces new standards that must be met to ensure equitable reimbursement for out-of-network services
Facing Challenges Due to No Surprise Act by Out of Network providers
- Limits on charges, often reduced to in-network rates, affecting revenue.
- Burden of proof on providers to justify higher payments; time-consuming.
- Increased paperwork for compliance with notice and consent rules.
- Longer disputes lead to slower reimbursements, impacting cash flow.
- Loss of leverage in securing higher payments from insurers.
- Strict regulations; non-compliance can lead to penalties.
- Financial strain forcing many to consider joining networks.
IDR Process
We, at Aurorize, play a crucial role in efficiently managing the Independent Dispute Resolution (IDR) process for out-of-network claims, & help providers to focus on treating their patients.
Our process areas are not limited to:
- Thorough Documentation
- Data-Driven Approach
- Regulatory Compliance
- Negotiation Expertise
- Legal and Billing Specialists
- Cost-Benefit Evaluation