PLB in Medical Billing
PLB stands for Provider-Level Balance, which refers to adjustments made by the payer at the provider level, often involving overpayments or other financial corrections.
PLB in Medical Billing Explained
In medical billing, PLB adjustments correct payments made to a provider for multiple claims, rather than adjusting individual claims. These adjustments often address issues like overpayment, recoupment, or refunds.
For example, an insurance company issues a PLB adjustment to recover an overpayment made to a provider for several claims.
Learn more about common acronyms and abbreviations in Medical billing glossary.
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