APPROVED AMOUNT
A reimbursement method in which a payer only pays a fixed amount per service; however, providers cannot seek patient contributions for charges that exceed approved amounts or allowed amount . Approved Amount = Insurance Payment + Patient Responsibility = Total Charges - Contractual Adjustment.
Labels: Allowed Amount, Approved Amount
posted by MADHU at
August 29, 2011
1 Comments:
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By
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July 14, 2019 at 4:01 AM
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