The total revenue generated by a healthcare facility from patient services, minus deductions such as discounts, contractual adjustments, and charity care.
The total income generated by a healthcare facility from patient services before any deductions.
Reductions in billed charges agreed upon in contracts with insurance providers, reflecting the difference between the billed amount and the negotiated rate.
Uncompensated medical services provided to individuals who are unable to pay, typically due to financial hardship.
Amounts deemed uncollectible from patients who are unable or unwilling to pay their medical bills.
The process of managing the financial aspects of patient care, including billing, payments, and revenue generation.
A comprehensive list of the billable services, procedures, and supplies provided by a healthcare facility, each associated with a specific charge.
The distribution of patients and their respective insurance providers, impacting the overall revenue composition of a healthcare facility.
Reductions in the standard charges offered to patients or insurance providers, often as part of negotiated agreements.
The total amount of money owed to a healthcare facility for services rendered but not yet collected.