COMPASS: Contract Optimization Manual Payer Agreement Strategies and Standards
A Managed Care Contracting Tool
COMPASS – Contract Optimization Manual Payer Agreement Strategies and Standards – is a first-of-its-kind structured framework for New Jersey healthcare organizations designed to support managed care contracting. With a comprehensive guide, corresponding checklists and an accompanying user-friendly workbook, COMPASS gives healthcare teams the structure, intelligence and tools they need to be well-prepared for every negotiation.
COMPASS guides organizations through the five core stages of the contract lifecycle:
- Contract renewal preparation
- Negotiation
- Wind-Down
- Execution
- Ongoing Management
Through each stage, COMPASS outlines specific objectives, key questions to consider, common risk areas and best-practice actions – turning a reactive scramble at renewal time into a continuous strategic process for successful managed care contracting.
KEY BENEFITS
- Enter every negotiation with leverage
- Catch hidden risks and unfavorable terms
- Act faster with ready-to-use tools
- Align your teams around one strategy
- Build a repeatable, consistent process for efficiency and success.
ACCESS COMPASS
Log in using your member password to receive your exclusive pricing.
NOT AN NJHA MEMBER?
Not an NJHA member? Contact Jason Friedman at jfriedman@njha.com for information.
