What Does Billing and Collection Do. The intricate nature of the billing and collection process necessitates specialist knowledge, and any error could result in a delay in reimbursement, which would ultimately jeopardize the practice's ability to maintain its financial stability. But it can be a time-consuming and intimidating undertaking. Patient care should always come first, but billing and collection are equally crucial to the practice's ability to stay in business. If billing and collection are not properly managed, your practice may experience cash flow problems that may affect your capacity to run the business, pay your employees, and buy supplies.
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