As the exposure to out-of-network claims increases, the need arises to find additional network solutions to help off-set the large costs associated with these claims. This exposure, which we define as "white space" can become minimized with the use of contracted networks solutions such as Beech Street Complementary Network.
The Solution
The Beech Street Complementary Network offers expanded network access for patients who seek services from providers that do not participate in the client's primary or proprietary network. Participating providers agree to extend the negotiated rate to clients who offer the opportunity for direction and provide an identification card that includes a Beech Street or Beech Street affiliate logo. The goal of the Complementary Network is to offer a solution that can benefit the payer, the patient and the provider. The Complementary Network expands access in the same geography as the client's primary or proprietary network.
How it Works
Our Complementary Network is a solution for out-of-network claims, consisting of providers that have agreed to extend a contracted rate to Beech Street's customers in return for business that is directed and identified with a logo on the patient's ID card. Payers can access an out-of-network solution with primary network savings while expanding their network-based claims solutions.
Advantages
- Network solution to out-of-network claims
- Provider participation for logo'd patients
- Complements primary networks in the same geography
- Over 500,000 providers and facilities
Summary
The Beech Street Complementary Network is a network solution to out-of-network claims, consisting of providers that have agreed to extend discounts to patients with a Beech Street logo on their ID cards. |
