When reviewing a remittance advice document, which element is MOST ESSENTIAL for a medical assistant to identify and understand in order to reconcile claim payments with account receivables?
Adjustment Amount
Payment Amount
Patient responsibility amount
Allowed amount for each service
The 'Payment Amount' on a remittance advice is the most essential element for a medical assistant to identify and understand. This is because it provides the actual sum paid by the payer to the provider for services rendered, which must be reconciled with the amounts charged and the accounts receivable. While adjustment amounts, allowed amounts, and patient responsibility amounts are important, these figures ultimately contribute to determining the final payment amount that requires reconciliation.
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
All Nursing and Medical Assistants Package plans include the following perks and exams .
Our pricing is simple. Full access to all certifications and exams in each package, for one price.
As many practice tests for as many topics as you want.
Use study mode non-stop, no limits.
Access to our AI assistant, Bash, trained to help you pass your exam.
Track your scores over time in study mode and report cards.
See how you improve over time, and where you need to focus.
All Nursing and Medical Assistants Package plans include unlimited access to the following study materials.
Create an account or sign in to access our study materials.