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Having a Disaster Plan Can Mean the Difference Between Being

question 25

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Having a disaster plan can mean the difference between being shut down for a few days and going out of business entirely.


Definitions:

Third-Party Payer

A third-party payer is an entity (other than the patient or healthcare provider) that pays for healthcare services, often an insurance company or government program.

Insurance Company

An organization that provides risk management by offering compensation for losses in exchange for payment of premiums.

Fee Disclosure

A practice of informing clients or customers about charges and fees for services provided, ideally in a clear and understandable manner.

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