Final answer:
Information about claim turnaround time is found in the Provider Performance Standards section of a managed care participation contract.
Step-by-step explanation:
In a managed care participation contract, information about claim turnaround time can typically be found in the Provider Performance Standards section.
This section outlines the expectations and requirements for processing claims and the timeframes within which claims should be processed.
For example, it may specify that the provider must process a claim within 30 days of receipt, or provide a notification if additional documentation is required within a certain timeframe.
Claim turnaround time is an important aspect of managed care contracts as it ensures timely payment and efficient handling of claims for both the healthcare provider and the insurance company.
Information about claim turnaround time is found in the Provider Performance Standards section of a managed care participation contract.