What factors do you think a physician and a medical office manager should consider before determining an amount to extend for credit? What problems might they incur if they set that number too low? What problems might occur if they set that number
too high?
The medical office manager and physician should consider the amount of money they are willing to risk losing in determining the amount to extend for credit purposes. If that amount is set too low, the medical office risks losing patients. If it is set too high, the office risks losing a higher amount of money in the even the patient defaults on making payments.
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