Forwarding Balance in Medical Billing
A forwarding balance is the remaining amount carried over to a patient’s next billing cycle after partial payments have been made.
Forwarding Balance in Medical Billing Explained
In medical billing, a forwarding balance occurs when the patient has not fully paid a previous balance, and the remaining amount is transferred to the next billing statement. This balance continues until the full amount is paid off.
For example, a patient with a remaining balance of $200 on their account will see that amount forwarded to their next billing statement.
See common acronyms and abbreviations in Medical billing glossary.
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