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Asking the Owner of a Business Where You Have Been

question 24

True/False

Asking the owner of a business where you have been a regular customer whether the business is for sale may be one source of finding a potential new business.


Definitions:

Alphanumeric Codes

Codes consisting of a combination of letters and numbers, used for classification or identification.

CPT Code Format

Refers to the standardized system of coding used by healthcare providers to identify specific medical, surgical, and diagnostic services for billing purposes.

Downcoding

The insurance carrier bases reimbursement on a code level lower than the one submitted by the provider.

Insurance Carrier

A company that provides insurance policies to individuals or entities, offering financial protection against losses.

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