Revenue cycle management (RCM) is a crucial element in running a successful medical practice. RCM is the financial process used to track patients’ care journey right from when they first initiate contact with the practice to the final payment due for services rendered. To ensure the financial health of your practice, it is important to
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How Risk Contracts Can Improve Healthcare Quality
The United States spends more on healthcare than any other country, yet still ranks poorly in terms of health outcomes compared to other developed countries. This has led to an increased focus on improving healthcare quality while simultaneously reducing costs. One approach gaining traction in the healthcare industry is the use of risk contracts. Let’s
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