Processing time

Time period it takes an insurance carrier to process an insurance claim from when it is received by the carrier until it is approved for payment. Payment for manual claims is within 4 to 12 weeks and as little as 7 days when transmitted electronically.

Procurement costs

Under Medicare Secondary Payer guidelines, the attorney fees and other costs that are related to obtaining a settlement that are borne by the individual against which the Centers for Medicare and Medicaid Services (CMS) seeks to recover.

Profession

Career that involves specialized training and requires individuals to study extensively to master a complex body of knowledge and have the ability to apply the knowledge.
***
The word implies professed attainment in special knowledge as distinguished from mere skill. A practical dealing with affairs as distinguished from mere study or investigation, and an application of such knowledge to uses for others as a vocation, as distinguished from its pursuit for its own purposes.