This misconception has allowed otherwise intelligent entrepreneurs to be duped into long-term, terminal equipment leases at outrageous prices and total costs well above contracted discount
All conversions are to pharmaceuticals which the provider can purchase at a contracted discount
BBC is essentially the same as the private sector's contracted discount
With Directly Contracted Discount
Pricing, Benefits Administrators Can Offer Employers More Competitive Cost-Management Strategies and Potentially Greater Savings
By working with an ancillary network, payers not only receive contracted discounts
on needed and approved treatment, but these networks place a more focused control around utilization review and provider management.
In workers' compensation, a reduction in claims cost is achieved through accessing a preferred provider organization to receive contracted discounts
beyond state fee schedules and bill review reductions.
The New Hampshire Hospital Association subsequently launched its own PricePoint website, which reports the amount hospitals bill for a service, prior to the inevitable deep contracted discounts
taken by insurers.