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No Matter How Experienced and Persuasive the Health Insurance Professional

question 19

True/False

No matter how experienced and persuasive the health insurance professional or collection manager is,there always will be some bad debts in a healthcare practice.


Definitions:

Dividend

A dividend is a payment made by a corporation to its shareholders, usually in the form of cash or stock, from its profits or reserves.

Net Profit

The amount of income that remains after subtracting all expenses, taxes, and costs from revenue.

Exercise Price

The exercise price is the preset price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.

Market Price

The present rate at which a commodity or service is available for purchase or sale in the marketplace.

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