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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 gross

A hospital provides the following information regarding a particular service:

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

How much gross revenue will the hospital record when providing the service to a Medicare patient?

Answers:

$600

$260

$340

$210

Please explain.

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