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Hospitals must join payer-purchaser negotiations
Abstract:
Two of the three "P"s--payers and purchasers--have recently begun forming exclusive contract relationships specifically to control healthcare costs. The irony is that the excluded "P," providers, has the most direct influence over the costs of patient care. This article, the fifth in a six-part series on "managing managed care," focuses on ways for hospitals to deal with these employer initiatives.
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