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Exploring Common Challenges Faced During Payer Contract Negotiations and Strategies to Overcome Them
In the healthcare sector of the United States, negotiating contracts with payers is vital for an organization’s financial stability. Payer contracts are formal agreements that detail reimbursement rates, service coverage terms, billing procedures, and additional specifics. Successful negotiations can improve reimbursement rates and profitability, enabling practices to enhance patient care. However, the negotiation process presents […]...
18 Oct 2024