Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | info@nationalASCbilling.com | (636) 273-6711

22 Statistics on Best Payors for Physicians by Specialty

It can be difficult to determine which payor is the best payor because physicians often find benefits and drawbacks from each company. According to Medscape's Insurer Ratings Report 2011, 54 percent of physicians say the level of payment is the most important factor in making a payor their best payor. Other important factors include that the company is easy to do business with (15 percent) and the frequency of denials (13 percent).

The survey was sent to 307,000 physicians in the United States and gathered 10,214 respondents.

Here are the top two "best" payors indicated by physicians in different specialties. Overall, 29 percent of physicians reported Blues Plans as their best payor with Aetna a distant second, at 10 percent.

Anesthesiology

Blues Plans: 21 percent
United Healthcare: 12 percent

Gastroenterology

Blues Plans: 31 percent
Aetna: 15 percent

General surgery

Blues Plans: 32 percent
Aetna: 11 percent

Neurology
Blues Plans: 33 percent
Aetna: 14 percent

Ophthalmology
Blues Plans: 28 percent
Aetna: 10 percent

Orthopedics
Blues Plans: 28 percent
Aetna: 8 percent

Plastic surgery and aesthetic medicine

Blues Plans: 29 percent
Aetna: 11 percent

Radiology
Blues Plans: 28 percent
Aetna: 7 percent

Rheumatology
Blues Plans: 25 percent
Cigna: 14 percent

Surgery
Blues Plans: 28 percent
United Healthcare: 10 percent

Urology
Blues Plans: 23 percent
Aetna: 13 percent

More Articles on Billing:

When 5010 Implementation Delays Surgery Center Payment: 4 Ways to Respond

PSTIM Reporting: What Does Your Carrier Advise

Tough Coding Issues Facing ASCs


© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers