Can someone explain how IPAs negotiate with the insurance companies (and what do they negotiate)? How exactly do they function on an individual claim basis? For example, what would the end-to-end process be once a patient visits an HCP and when the HCP needs to be paid for it, where does the IPA come in?
And also, at the end of the day, how the IPAs earn money?
I tried looking online but everywhere it's the same thing about IPA negotiating "something". It's very confusing and any explanation would be very helpful!
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