Check all of the statements below that are TRUE about Gross Charges and Net Patient Service Revenue: Gross Charges are what the insurance company generally pays the provider. Gross Charges are based on the Charge master prices (ie list price) Gross Charges are an accurate reflection of the cost of the services provided. Net patient service revenue is the gross charges minus contractual allowance Net patient service revenue is always higher than gross charges. Net patient service revenue reflects the amount of revenues expected to be collected from the provision of patient services (either insurance payment/patient payment)