Omnimed Solutions Medical Billing Interview Questions and Answers

A lockbox is a secure location where payments are received and processed on behalf of a company or organization.

• Lockboxes are typically used by businesses to streamline the payment collection process.

• They are often operated by banks or third-party service providers.

• Customers send their payments to a designated lockbox address.

• The lockbox provider collects the payments, deposits them into the company's bank account, and...read more