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Armed and ready; Hospitals' HMO contracting units bigger, bolde.(Brief Article)
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Modern Healthcare
- Article date:
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August 27, 2001
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Copyright informationCOPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After helping lead the charge for more Medicare reimbursements in past years, several for-profit hospital chains have redirected their forces to collect more-and more quickly-from their managed-care contracts, and lawyers are their standard-bearers.
Hospital chains that have facilities in more urban or midsized markets are beefing up departments that craft contracts with managed-care companies, or litigate against them, all to show insurers that they are willing to go to the mat to get what they believe is their due. So far, the result has been fewer but more profitable contracts, they say. Tenet Healthcare Corp., Santa Barbara, Calif., the nation's second-largest ...
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