By Richard S. Cooper, Esq. and Shawn M. Riley, Esq.
Some healthcare billing companies are experiencing a variety of operational and financial challenges that, coupled with credit market issues, are putting their very survival at risk. In addition to significant concerns about the ever-decreasing access to capital and the increased costs of available capital, the billing industry as a whole is feeling the strain from higher administration costs, significant increases in required technological expenditures, declining compensation from customers, and increased competition.
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