In the current health care environment, everyone is facing decreased payor reimbursements as the market is generally at Medicare or some comparable rate based on that governmental agency. Everyone is also seeing increased payor claim edits and controls as well as more complicated payment and authorization processing. This has led many health care economists to the conclusion that the billing cycles in physicians' offices are the most complicated revenue cycles in American business today. Like any other small business, it is vital that a medical practice understands the importance of cash. Practices with a reliable cash flow are healthy ones.
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