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The United States spends more on healthcare than any other country, yet still ranks poorly in terms of health outcomes compared to other developed countries. This has led to an increased focus on improving healthcare quality while simultaneously reducing costs. One approach gaining traction in the healthcare industry is the use of risk contracts. Let’s
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Why Healthcare Professionals Should Consider Risk Contracts
Risk contracts are agreements between healthcare professionals and insurance companies or organizations where someone takes responsibility for the potential financial risks related to medical care. In these agreements, the healthcare providers agree to take some financial risks, meaning they will be rewarded or paid based on the quality of the care they render to the
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