When Write-Off is Used in Medical Billing
A write-off is used when a healthcare provider removes part or all of a patient’s medical bill, typically when the charge exceeds what the insurance company will pay.
When Write-Off is Used in Medical Billing Explained
In medical billing, write-offs occur when the provider agrees to forgo collecting the full amount due, either because of a contractual adjustment with the insurance company or the inability to collect from the patient. Write-offs help balance accounts and reflect actual revenue.
For example, a provider writes off the difference between the amount billed and the allowed amount set by the insurance company.
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