Letters of intent for CMOs

I've received a lot of questions asking about the numerous letters of intent or calls being received by CMOs or companies such as UHC/Optum, Aetna, or Molina asking to sign documents that look like they are taking on new providers or asking you to contract. These LOI's are basically requesting you as a provider/clinic to sign the documents to collect signatures with their bid to stay or become a CMO in July 2024 since it's open enrollment for Georgia to accept new CMOS.

If you wish to take the time and agree that the insurance company should receive your support, follow the instructions and fill out the documents they require. Do note, if they are elected to become a CMO, you will have to still credential with that particular CMO again (unless you already hold a contract with that current CMO company). The LOI's you receive are not a contract. They do not help you become a participating provider. And remember you are not being reimbursed for your time to fill out these documents.

CareSource is also sending out notifications to update provider information. I believe of course this follows along with preparing for this application to stay a CMO in Georgia. It does help as a provider to update credentialing information with these companies, helps with billing processes, so make sure you do follow up with any notices received from their verify.betterdoctor.com site.