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Not all medical practices follow the same strategy when it comes to the frequency of submitting insurance claims.What are some of the things that affect this process?
Administrative Costs
Expenses related to the general operations of a business, including salaries of senior executives, office supplies, and utilities.
Direct Material
Raw materials that are directly traceable to the manufacturing of a product and are integral to its production.
Direct Labor
The labor costs directly tied to the production of goods or services.
Direct Materials
Raw materials that are directly incorporated into a finished product and can be directly traced to that product.
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