Final answer:
Management programs in healthcare handle billing, payment recording, and collections, with all options being correct. These programs aim to improve efficiency and are part of efforts to reduce costs and enhance patient care, including the switch to EMRs.
Step-by-step explanation:
Practice management programs are designed to handle various administrative and financial functions within a healthcare setting. These functions include a. billing patients & health plans, b. recording payments, and c. managing collections. In essence, all of the above answers are correct. These management programs aim to streamline healthcare operations, thereby improving the efficiency of medical practices. The adoption of electronic medical records (EMRs), encouraged by the ACA, is a significant step in reducing administrative costs and simplifying the management of health records. This initiative represents a broader effort to manage expenditures and improve patient care while protecting patient privacy.