Capstone Papers-Explain the contract negotiation and credentialing process.

Capstone Papers-Explain the contract negotiation and credentialing process.

There are several key elements required in a physician’s contract with an MCO. A typical contract between an MCO and a physician specifies the types of services offered, the number of members or lives covered in the plan, the standards and credentials needed to be maintained by the provider, and, of course, compensation.

Utilize your readings and search the South University Online library or the Internet to answer the following questions:

Explain the key elements of the physician’s contract.

Explain the contract negotiation and credentialing process.