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The Two Managerial Functions That Compose the Process of Directing

question 118

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The two managerial functions that compose the process of directing an organization are


Definitions:

Patient Account

A record detailing the financial transactions, treatments received, and billing information for a patient within a healthcare system.

Insurance Payment

Money paid to an insurance company for coverage, which can be in the form of premiums, deductibles, or copayments.

Claim Submitted

The process of requesting payment from an insurance company for healthcare services provided.

Medicare-Approved Amount

The predetermined cost that Medicare determines as reasonable for a medical service or supply, which sets the limit on what Medicare will pay and what you may be billed.

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