Disbursement Float Results from the Delay Between the Time That

question 4

True/False

Disbursement float results from the delay between the time that a payer or customer deducts a payment from its checking account ledger (disburses it) and the time that a payee or vendor actually receives these funds in a spendable form.

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Definitions:

Patient Navigator

A healthcare professional who guides patients through the medical system, helping them access medical and supportive care.

Medical Business Practices

Refers to the operational, financial, and administrative methods used in the healthcare sector to deliver quality patient care efficiently.

Clinical Skills

Practical abilities and techniques that healthcare professionals utilize to conduct effective clinical procedures and patient care.

Pharmacology

The study and practice of compounding and dispensing medical preparations.