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Zocdoc, Inc. is a New York City-based company offering an online service that allows people to find and book in-person or telemedicine appointments for medical or dental care. The platform also functions as a physician and dentist rating and comparison database. The service is free for patients, and doctors pay to advertise their appointment ...
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Visiting a doctor might feel like a straightforward one-on-one interaction, but it is actually part of a much larger and more complex system involving information exchange and payment processing. While an insured patient typically interacts only with a healthcare provider during a visit, the encounter is part of a three-party system.
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In 2021, the arbitrator ordered SmileDirectClub to pay Align $43.4 million (plus $2.1 million in interest) for the ownership stake. [ 14 ] In October 2018, SmileDirectClub raised $380 million in an investment round led by Clayton, Dubilier & Rice and Kleiner Perkins , for a $3.2 billion valuation according to Bloomberg . [ 15 ]
Online bill pay is an electronic payment service offered by many banks, credit unions and bill-pay services. It allows consumers to make various types of payments through a website or app, such as ...
In the health insurance and the health care industries, FFS occurs if doctors and other health care providers receive a fee for each service such as an office visit, test, procedure, or other health care service. [5] Payments are issued only after the services are provided. FFS is potentially inflationary by raising health care costs. [6]
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