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Describe two challenges HIM professionals deal with in a healthcare setting.
Financial Loss
The decrease in economic benefit during a period, including money, assets, and investments, often resulting from business operations, market changes, or unforeseen events.
Comparative Advantage
The ability of an entity to produce goods or services at a lower opportunity cost than other entities, leading to more efficient trading opportunities.
Deer Hunter
A person who pursues deer as wild game, typically for food, sport, or management of deer populations.
Small Business
A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue compared to larger businesses.
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