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What Occurs When a Customer Enters a Waiting Line but Decides

question 33

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What occurs when a customer enters a waiting line but decides to exit before being served?


Definitions:

Prospective Pricing

A pricing approach where the price for services, especially in healthcare, is determined in advance based on expected costs.

Provider's Coding

The process by which healthcare providers specify diagnostic and treatment codes for patient care, used for billing and record-keeping purposes.

Retrospective Payment

is a method of payment in which charges are based on actual costs incurred, typically analyzed and paid after the service has been provided.

Fee-For-Service

A payment model where services are unbundled and paid for separately, commonly used in healthcare.

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