Contracting and Pricing

Contracting

All agreements are three pages long and written in simple language. Clients may withdraw from an agreement for any cause with 15 days notice, without penalty.

CHA will provide all services in a professional and efficient manner, in compliance with all applicable local, state and federal laws. We will maintain in force throughout the term of this engagement general liability and completed operations insurance coverage with limits of $2,000,000 per occurrence and $4,000,000 annual aggregate. Further, CHA agrees to provide a certificate of insurance acceptable to the client.

Any disputes are settled by mediation administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules and Mediation Procedures, with unresolved disputes decided by final and binding arbitration in accordance with AAA.

Pricing

Phase I pricing is based on a rate of $190 per chart. The total price depends upon the number of charts undergoing IEUR, between 20 charts ($3,800) to a full month sample. A minimum 100 chart sample is recommended ($19,000).

Phase II and III pricing is assessed upon a per chart basis, influenced by the following factors:

• Extent of paper vs electronic archived documents
• Ability to “print” electronic archived documents to a standard graphics format which can be converted to a tiff image
• Extent of electronic data streams that may be available for laboratory, vital and other data
• Clinical nature of the patient population (trauma vs community vs specialty care)
• Number of incidences of transfusions per chart

Phase III pricing will be negotiated following Phase II. The most important factor to focus on is the exceptional and immediate return on investment, rather than the initial cost.