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Tel: (612) 246-4616
CONTRACTUAL ALLOWANCE, in healthcare, is the difference between what hospitals bill and what they receive in payment from third party payers, most commonly government programs; also known as contractual adjustment.
CONDUCIVE is tending to bring about or being partly responsible for, e.g. current working conditions may not be conducive to productivity.
VOSTRO ACCOUNT is a local currency account maintained with a bank by another bank. The term is normally applied to the counterpartys account from which funds may be paid into or withdrawn, as a result of a transaction.
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