In the healthcare industry, failure to efficiently collect patient revenues, or to invoice and receive payment for services, can seriously undermine a practice’s ability to meet its obligations, much less profit. While it is essential to weigh the balance between profitability and the provision of high quality patient care, it is also important to establish a revenue management cycle that is aimed at capturing and managing patient service revenue (Oregon Health and Science University, 2016). As such, the following recommendations can be made, as it relates to the selection of Hamilton-Reach Financial Services as a collection agency, or ...
Essays on Longwood
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