Medical Economics Beyond the Classroom: Insurance Contracts 101, Rethink How You Negotiate
This four-part series will discuss the vulnerability of healthcare, insurance contracts, data collection, government contacts, and contract negotiation. Since the introduction of the Consumer Price Index in 1913, the highest inflation rate observed in the United States was 23.7% in June 1920 (Henderson, 2022). In 2024, we continue to live in a high-inflation environment. Our gas and groceries have gone up, mortgages and rent are up, the cost of goods and supplies increased, labor cost has increased, and you have less time with patients than you ever had.