Differences in second-party payment and third-party payment

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Reference no: EM131399017

1. Discuss the differences between second-party payment and third-party payment. What led to the creation of the third-party payment system?

2. Explain the three laws that govern accounts receivable.

3. Which groups were considered the first managed care organizations? Distinguish between a managed care organization, preferred provider organization, and health maintenance organization.

Reference no: EM131399017

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