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Practice Management Challenges: Rising Operating Costs

Posted by Sue Ellen McKelvey

Healthcare practices, like any business, have always faced financial challenges, and ever-rising operating costs have always been on that list of challenges. However, over the past few years, factors such as new regulations, health insurance changes and uncertainty around reimbursement rates and new payment models have intensified the problem. Not only do these factors contribute to greater operating costs, they also squeeze revenues, leaving providers with that “stuck between a rock and a hard place” feeling.

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