Contracting out a specific business function to another company,rather than having your own company manage that specific work

A) patient account statements
B) outsourcing
C) monthly billing
D) cycle billing
E) practice management (PM) software system
F) electronic medical record (EMR) system
G) account history
H) alpha search
I) patient payments
J) aging of accounts

Question

Tiffany Budavich · Accepted Answer

Final Answer : B, Explanation :  Outsourcing refers to the practice of hiring another company to handle certain business functions or services rather than doing them in-house. This can include a wide range of activities, from manufacturing to IT services, and is often done to reduce costs, access specialized skills, or improve efficiency.

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