Hospitals and surgeons have traditionally viewed cash-pay patients as very risky due to the difficulty and stress in trying to collect in the event of complication-related extra care. With the BLISCare solution in place, you can now actively pursue the cash-pay patient without worrying about complication related billing hassles, or the increased professional liability exposure stemming from collection efforts. BLISCare complication protection is issued by a highly rated insurance carrier represented by BLIS.
As the number of cash-pay patients increases as a result of BLISCare, so will revenue, cash flow and more importantly your margins. Cash-pay patients pay their full fee prior to surgery, and should a covered complication occur, BLISCare is there to reimburse surgeons and hospitals for complication related care authorized by the BLIS Surgeon.
The BLIS dataset allows BLIS to price the risk of surgical complications more efficiently than standard market rates. As a result, your practice can pursue employer partnerships and offer package pricing at better rates. Employers and businesses can work directly with your practice to cover bariatric surgery for their employees, with BLIS protection in place, and experience a fixed cost pricing model and improve their bottom line. When employers work directly with your practice, BLISCare risk protection is included as part of the bundled price. The level of protection can be customized to each employers specifications. Employers can customize their coverage in several ways depending on their needs.
Contact BLIS for more information on how BLIS Surgeons are working directly wtih self-insured employers.