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Understanding the True Cost of Care: Implications for Financial Performance and Bad Debt Management
In the U.S. healthcare system, understanding the true cost of care is important for medical practice administrators, owners, and IT managers. Bad debt, or medical debt that cannot be recovered, poses challenges and affects financial performance, staff morale, and patient well-being. About 41% of U.S. adults have some form of healthcare debt, with over 16 […]...
25 Oct 2024