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Define Primary Data and Secondary Data

question 37

Essay

Define primary data and secondary data. What are the key differences between the two?


Definitions:

Deficit

A shortfall or deficiency, such as in a budget or in the amount of a required substance.

Being In The Red

A financial term indicating that a business or individual is operating at a loss or spending more money than is being earned.

CPT

Stands for Current Procedural Terminology, a set of medical codes used to describe healthcare procedures and services for billing purposes.

Evaluation And Management

A systematic process for assessing and addressing patient's health status and managing their care effectively, often involving coding and billing practices.

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