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healthcare compliance

The Importance of Healthcare Compliance

Compliance is essential in today’s highly regulated healthcare environment. Healthcare organizations are responsible for upholding an extensive array of laws, standards, and ethical codes designed to protect patients, ensure data privacy, prevent fraud, and promote safe, high-quality care. With evolving regulations, payer expectations, and accreditation standards, staying compliant can be a full-time job – and […]

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pro forma financial statements

Pro Forma Financial Statements in Healthcare

Financial foresight is critical for sustainability and growth in the ever-evolving landscape of healthcare. Hospitals, private practices, and behavioral health facilities must make data-driven decisions to deal with regulatory changes, manage operational costs, and take advantage of investment opportunities. The pro forma financial statement is one of the most effective tools for financial planning and

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credentialing

Updating Healthcare Credentialing

The beginning of a new year is the perfect opportunity for healthcare organizations to evaluate their credentialing processes and ensure everything is up to date. Credentialing and contracting go beyond fulfilling compliance requirements – they provide the foundation of delivering quality care, maintaining payer relationships, and ensuring patient trust. However, the complexities can be daunting

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Unlocking Success: Why Market Research is Crucial in Behavioral Health

Why Market Research is the Key to Success in the Behavioral Health Industry If you’re thinking about entering the behavioral health industry, you’re not alone. It’s a growing field, with the U.S. behavioral health market projected to grow from $83.78 billion in 2023 to $132.46 billion by 2032. But here’s the thing: growth doesn’t guarantee

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benefits of adding telehealth to your practice

Benefits of Adding Telehealth to Your Services

A 1925 cover of Science and Invention magazine depicted a doctor diagnosing a patient by radio, presciently imagining the future rise of technologies that would enable telehealth. Today, telehealth is a fundamental component of modern healthcare, thanks to its ability to seamlessly bridge the gap between patients and providers. This evolution in healthcare delivery has

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