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As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. Technological Advancements: As technology evolves, there may be new regulations regarding the use of AI and automation in debt collection.
Collection, digitization, verification, coding and approval of Invoices and Bills improves finance efficiency by up to 95%. Cash Reserves : Maintain a cash reserve to cover unexpected expenses or revenue shortfalls, such as during periods of low occupancy. Access and visibility are key.
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