Question
6.For the fiscal year ending 12/31/19; Billed charges$100,000 Insurance and patient collections/payments $50,000 Insurance contractual adjustment$40,000 Patient bad debts write off $5,000 Charity Care writes
6.For the fiscal year ending 12/31/19;
Billed charges$100,000
Insurance and patient collections/payments $50,000
Insurance contractual adjustment$40,000
Patient bad debts write off $5,000
Charity Care writes off$5,000
a. Collection ratio =_________________%.
b. Total discount per insurance contract____________.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
