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From The CriticsReviewer: John K. Larson, MD (Rush University Medical Center)
Description: This monograph prepared by the American Psychiatric Association's Office of Economic Affairs and Practice Management covers such topics as practice assessment, negotiating a contract, specific contract issues, evaluating success of the contract, marketing issues, and a glossary.
Purpose: The stated purpose of the volume is to assist psychiatrists who are trying to make sense of the legal issues facing those who elect to participate in managed care contracts.
Audience: The intended audience is the psychiatrist or group psychiatric practice contemplating participation in contractual arrangements with managed care organizations.
Features: The volume is organized in outline form with bullet points and focuses on practical issues of contract negotiation and legal concerns. It contains a useful glossary and a brief, excellent, and up-to-date bibliography for readers desiring an in-depth exploration of any of the covered topics.
Assessment: The monograph is well written and provides a concise introduction to the topics. It should serve as an excellent outline for psychiatrists and practice administrators contemplating any form of contractual arrangement with a managed care organization. In spite of its brevity, it will serve as an excellent reference for evaluating the potential merits and pitfalls of any contract.