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An essential skill for health and human services professionals is understanding how the financial aspects of healthcare in the United States works. Healthcare professionals need to understand how revenue is generated in order to maintain a healthy revenue cycle. Healthcare professionals must find a balance so they can provide the best while maintaining both profitability for the healthcare organization and affordability for clients.
This task challenges you to apply your knowledge of financial management in the realm of healthcare. You will apply your knowledge of different payment models to two clinics. You will then apply your knowledge of the aspects of revenue cycle management and profitability to those clinics.
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