Negative Adjustment Amount in Medical Billing
A negative adjustment amount refers to a reduction in the payment or billed amount, typically due to overpayment, billing error, or contractual adjustment.
Negative Adjustment Amount in Medical Billing Explained
In medical billing, a negative adjustment is applied when the original payment or charge is adjusted downward. This may occur when an insurance company determines that the provider was overpaid or that the billed amount exceeds the contracted rate.
For example, if an insurance company overpays a provider by $100, the negative adjustment corrects the overpayment by reducing the amount on future payments.
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