Why health systems must renegotiate contracts to survive
Providers must stop subsidizing payors’ profit margins. Consider United Health Care, which boasts a 6 percent margin on revenue (equivalent to $22 billion), while hospitals manage a slim 3 percent margin, and physician practices often struggle to stay financially viable. This imbalance underscores the urgent need for hospitals, health systems, and physicians to negotiate rates Read more… Why health systems must renegotiate contracts to survive originally appeared in KevinMD.com.
Providers must stop subsidizing payors’ profit margins. Consider United Health Care, which boasts a 6 percent margin on revenue (equivalent to $22 billion), while hospitals manage a slim 3 percent margin, and physician practices often struggle to stay financially viable. This imbalance underscores the urgent need for hospitals, health systems, and physicians to negotiate rates
Why health systems must renegotiate contracts to survive originally appeared in KevinMD.com.
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