In preparing to renegotiate your payor contracts, there is a series of steps to be followed to ensure success. In this article, we will discuss the financial analysis, the ever-so-important timeline that you must set and adhere to, and the specifics in the notice to payors that indicate that you mean business.
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It Took Two Decades for Private Payor Contracts to Erode the Bottom Line: Plan on a 2+ Year Comeback—Here’s How, Part II