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Professional Collections
The process of pursuing payments of debts owed by individuals or businesses, often conducted by specialized agencies or departments.
Co-payment
A specified amount the insured must pay toward the charge for professional services rendered at the time of service.
Deductible
An amount to be paid before insurance will pay.
Double-entry Bookkeeping
An accounting method where each entry to an account requires a corresponding and opposite entry to a different account.
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