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Providers have faced unprecedented challenges in recent
years as the highly competitive health care services market
has evolved. Unlike past years,
when providers could locate virtually anywhere and enjoy
a healthy medical practice, the current environment requires
providers to operate similarly to other businesses.
Since academic medical
training usually focuses on clinical care, physicians are
often not trained for the financial and operational challenges
of their practices. As a result, providers often feel uncertain
about the future as they face increased competitive threats
and observe shrinking profit margins.
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