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In this video, Jill Shook, a speech-language pathologist, discusses the basics of insurance billing for practitioners considering whether to accept insurance. She explains that while the process can appear complicated, it can be simplified with the right knowledge. The video begins with essential vocabulary related to billing, highlighting terms like EMRs (Electronic Medical Records) and EHRs (Electronic Health Records), which are crucial for storing patient information and documentation. Jill aims to provide foundational knowledge to help viewers decide on incorporating insurance into their practices.