A physician decides to radically change her practice. She now only provides services to patients who will pay her full charges at the time of service. She was able to lower her full charges because the new practice ____,

Question

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By requiring payment at the time of service, the physician can eliminate the need for a billing staff, which is responsible for processing insurance claims and managing accounts receivable. This can lead to significant cost savings.

A Physician Decides to Radically Change Her Practice