Hospitals have two main problems when it comes to finances. One is revenue, as in they’re not generating enough, and the second is receivables, as in they’re not collecting enough on the revenue so they can pay bills and buy other stuff. Every hospital has a charge master. A charge master is a full listing […]

I once had a conversation with a local consultant friend of mine who has a unique career. What he does is goes into businesses, finds profit leaks, finds ways to help them save money on many different things, and then takes a percentage of the savings as his pay. If he finds nothing, he gets […]

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