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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 […]

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

Hiring and retention are two sides of the same coin in human resources. High turnover incurs significant costs, undermines team morale, and can also impact the continuity of care in healthcare practices. Use these tips to strengthen your workforce from within. Onboarding: The First Step to Retention Your organization must have a well-structured onboarding process

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

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

Artificial intelligence has transformed the healthcare industry, enhancing preventive screenings and advancing diagnostics and treatments. Adopting this technology at various stages of patient care can improve efficiency, accuracy, and results. Opportunities for AI in Healthcare AI has revolutionized preventive care and risk assessment, streamlining healthcare systems and enhancing patient outcomes. How to Adopt AI Responsibly