Healthcare practice management encompasses a range of specialized accounting and consulting services. Today, medical practices face mounting challenges in cost control, cash flow improvement, and maintaining patient care standards. However, for many physicians and healthcare leaders, there simply is not enough time, resources, and dollars to offset reimbursement reductions, regulatory audits, and technology advances to deliver high-quality, patient-centered care. The following is a broad outline of what typically comprises healthcare practice management in a physician practice environment.
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