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THE CHALLENGE

Effectively negotiating or renegotiating managed care contracts is a complicated and time consuming effort. Not knowing where your hospital stands in relation to the surrounding market makes the task even more difficult. Provisions that stand in the way of your hospital's ability to obtain adequate reimbursement and unduly restrict billing and appeal timeframes generally exposes the hospital to dramatic revenue losses.

Many hospitals do not have the necessary time, tools and human resources to deal effectively with this important issue. How do you overcome these issues?