Medical Office Accounting
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C.)
Formula for
"Courtesey Adj"
: is
"A (-) B"
...
The "Courtesey Adj" is always the acutual charge (-) the "Medicare Allowed"
D.)
Formula for "Remaining Deductible"...
With the "Remaining Ded"
: the...
1st Visit
: is always $162.
2nd Visit is always $0.
E.)
Formula 4 "Cost 2 Share":
"B (-) D"...
"Cost 2 Share" is the "Medicare Allowed" (-) the "Remaining Deductible"
F.)
Formula 4 " Pt. Co/Ins"
"20% of E"...
"Pt. Co/Ins": is 20% of the "Cost 2 Share"
G.)
Formula 4
"Total Pt. REsponsibility
is
"D (+) F"...
"Total Pt. Responsibility": is the "Remaining Ded" (+) the "Pt's Co/Ins. "
H.)
Formula 4
"Medicare's Payment"
is
"80% of E"
or
"E (-) G"
...
"Medicares Payment": is the "Cost 2 Share" (-) the "Pt's Co/Ins"
Card Set Information
Author:
BrowneeE
ID:
91221
Filename:
Medical Office Accounting
Updated:
2011-06-19 11:03:38
Tags:
Accounting
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Description:
Medical Office Accounting-Quiz Review!!!
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