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All state Medicaid programs use the same method to determine payment for hospital inpatient services.
Notes Payable
Short-term or long-term liabilities representing amounts owed by a business, documented by a formal promissory note.
Accounts Payable
Liabilities owed by a business to its suppliers or creditors for goods and services purchased on credit.
Note Payable
A written promise to pay a certain amount of money at a future date, often including interest.
Borrower
An individual or entity that takes out a loan from another entity or individual under the agreement to repay the amount borrowed, typically with interest.
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