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Improve Compliance and Financial Performance at the Same Time

Improve Compliance and Financial Performance at the Same Time


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by Jeff Sinaiko
Contrary to conventional wisdom, which holds that compliance is often a net negative to a practice?s financial performance, the fact is that compliance, operations, and the financial performance of a medical practice can all be simultaneously improved. This article will illustrate that the basic drivers of effective compliance are often the same fundamental business principles that lead to outstanding operations and enhanced financial performance. The lesson for medical practice managers is that if you improve compliance, you should actually improve your bottom line, not harm it.