7 steps for effective contract negotiation

Whether working with payers or suppliers, contract negotiation is an essential skill for an ambulatory surgery center leader. Here are seven steps for effective negotiation tactics, according to a Talk Business report.

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•    Select a leader for each negotiation effort.
•    Ensure negotiations are kept confidential.
•    Consider legal advice before sharing sensitive information.
•    Never attempt to use bribes.
•    Do not mislead the party you are attempting to negotiate with.
•    Always carefully review pre-contractual agreements.
•    Always know when a contract is considered binding.

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