Please Define the Following Key Terms

question 2

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Spartacus

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Definitions:

Outsourced Billing

The practice of hiring a third-party company to handle billing and invoicing functions.

Create Statements

The process of generating written or printed summaries of transactions or positions, typically for financial accounts.

Practice Management

Administration of the day-to-day operations of a medical, dental, or healthcare practice, including staffing, budgeting, and patient care.

Electronic Medical Record

A digital version of a patient's paper chart, which contains the medical and treatment history of a patient across different healthcare providers.