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A hospital provides the following information regarding a particular service: Full established rate: $600 Medicare reimbursement amount: $340 Medicaid reimbursement amount: $210 How much net

A hospital provides the following information regarding a particular service:

  • Full established rate: $600
  • Medicare reimbursement amount: $340
  • Medicaid reimbursement amount: $210

How much net revenue will the hospital record when providing the service to a Medicaid patient?

Answers:

$210

$340

$600

$390

Please explain

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