Msa Legal Definition
‘Msa Legal Definition’
The term ‘msa’ is used in a variety of legal contexts, most commonly to refer to a ‘medically necessary services agreement.’ MSAs are agreements between health care providers and patients or payers in which the provider agrees to provide specified health care services at a set price. MSAs may be used to negotiate prices for specific services or for bundled services.
In some cases, an MSA may be part of a larger contract, such as a managed care contract. In other cases, an MSA may be a stand-alone agreement. In either case, the terms of the MSA will spell out the scope of the agreement and the obligations of the parties.
MSAs are typically used when there is a potential for disagreement over what constitutes medically necessary care. By specifying the services that will be provided and setting a price ahead of time, both sides can avoid costly disputes down the road.
While MSAs can be helpful in avoiding disagreements, they are not always successful. If one party feels that the other has breached the terms of the MSA, they may still end up in court fighting over the matter. For this reason, it is important to have experienced attorneys familiar with MSAs on both sides of any such agreement.
