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@ShahidNShah
For years, practices have found themselves in a never-ending battle to adjust to the demands of an evolving healthcare marketplace. Adapting to complicated incentive terms in payer contracts, decreasing payer and patient revenue, increasing operational costs, and keeping up with new legislation have been enormous challenges—especially for those internally managing their revenue cycle.
For many practices, implementing and maintaining automation technology can be an expensive endeavor with the speed to value being too great; however, with the help of a partner that has already made the necessary investments, practices can achieve results much more quickly.
While boosting revenue and cash flow is vital to a practice’s financial health, it’s equally important for practices to offer services that financially support and assist their patients as well.
Continue reading at physicianspractice.com
One potential change that is attracting increased attention is the transition from a traditional fee-for-service system to value-based care, a delivery model in which providers are compensated based …
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