Asked by Gianna Colella on May 13, 2024

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Discount authorized by a provider for another medical professional,such as a nurse,medical assistant,or other health care provider

A) electronic health records software
B) pegboard system
C) cash control sheet
D) trial balance
E) assets
F) single-entry bookkeeping system
G) double-entry bookkeeping system
H) fully integrated ledger system
I) garbage in,garbage out
J) cost estimate sheet
K) office policy
L) professional discount

Professional Discount

A reduced price provided to members of certain professions as a courtesy or to encourage their patronage.

Medical Professional

A healthcare practitioner who has received formal training and certification to provide medical care and services.

Health Care Provider

A professional who offers preventive, curative, promotional, or rehabilitative health care services in a systematic way to individuals, families or communities.

  • Comprehend the descriptions and functionalities of specialized financial terms and structures in healthcare governance.
  • Identify mechanisms for financial estimation and control, including professional discounts and cost estimation sheets.
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Verified Answer

CS
Cindy SalasMay 15, 2024
Final Answer :
L
Explanation :
A professional discount is a reduction in the usual fee charged by a provider for services rendered to another medical professional, such as a nurse, medical assistant, or other healthcare provider. This term directly matches the definition provided.