AAMA CMA Practice Question

Dr. Smith’s medical practice received a partial payment from an insurance company for a patient's surgery, which was lower than the billed amount due to contractual agreements. How should the remaining balance be handled in the patient’s account?

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    Apply a discount to the patient’s account

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    Post the contractual adjustment as a write-off

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    Send the remaining balance to collections

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    Write off the entire billed amount

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