r.NKING IT THROUGH 14.8 1. The following patient bill has been in collections an
ID: 2534089 • Letter: R
Question
r.NKING IT THROUGH 14.8 1. The following patient bill has been in collections and is going to be written off: DATE CODE DESCRIPTION 09/08/18 99396 Prev Checkup, Est. 40-64 Yr 09/08/18 85018 Hemoglobin Count, Colorimetric 09/08/18 81002 Urinalysis, Nonautomated, w/o CHARGES CREDITS 169.00 6.10 4.20 microscopy Golden Rule Ins. Co. #31478 Filed Denied Golden Rule Ins. Co. #31478 09/09/18 10/15/18 10/15/18 10/15/18 Current 30-60 60-90 9TOTAL INS PENDING T 0.00 0.00 0.00 127.50 00.00 51.80- Repriced Golden Rule Ins. Co. #31478 $127.50 deductible for 9/08/18 visit TOTAL DUE FROM PATIENT 127.50 127.50 0.00 What amount has previously been written off as an adjustment due to the payer's allowed charge? A. B. What amount must now be deemed bad debt?Explanation / Answer
Answer A. The amount has previously been written off as an adjustment due to the payer's allowed charge is 51.8 as per the Repriced Golden rule.
Answer B. As the debtor is aging more than 90 days and hence such debtor should be written off as doubtful debt and does not be deemed as bad debt.
We would create provision for doubtful debt of 127.5
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