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What is the buy-and-bill reimbursement model and why does it matter?
Watch the buy-and-bill 101 video
The buy-and-bill process is a six-step reimbursement model that allows healthcare providers to purchase, store, and administer specialty medications to patients in their practice, and then submit a claim for reimbursement to a third-party payer (Medicare, Medicaid, or private insurance).
Buy-and-bill plays a crucial role in the delivery of specialized care by enabling you to manage the entire process – from procurement to administration. This control can lead to improved inventory management, reduced costs, and enables your ability to deliver high-quality, patient-centered care without the delays often associated with other reimbursement methods.
Buy-and-bill plays a crucial role in the delivery of specialized care by enabling you to manage the entire process – from procurement to administration. This control can lead to improved inventory management, reduced costs, and enables your ability to deliver high-quality, patient-centered care without the delays often associated with other reimbursement methods.
Watch the buy-and-bill 101 video
Benefits of the buy-and-bill model
Improved adherence and quality outcomes
Maintain control and line of site over patients during medication administrations
Flexibility and responsiveness
Quickly respond to changes in patents’ responses to therapy and adjust their treatment plans accordingly
Opportunity for increase revenue
By assuming financial risk of the buy-and-bill model, providers can profit from any margin obtained during the process
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