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An Agreement Between the Provider and a Third-Party Payer Whereby

Question 49

Multiple Choice

An agreement between the provider and a third-party payer whereby the provider agrees to accept the payer's allowed fee as payment in full for a particular service or procedure is referred to as:


A) patient equity.
B) balance billing.
C) a prospective payment.
D) a contractual write-off.

Correct Answer:

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