Examlex
The following activities are the responsibility of either the Nova Health Plan's risk management department or its medical management department:
Secured Notes
Debt securities backed by collateral, providing lenders with assurance of repayment through the borrower's assets in case of default.
Mortgages
Loans specifically used to purchase real estate, where the property itself serves as collateral.
Deferred Revenue
Payments received by a company for goods or services that have yet to be delivered or performed.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.
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