This is the amount the facility actually bills for the services it provides.

Question

Quizplus · Accepted Answer

Charge accounting refers to the amount that the facility bills for the services it provides, which is different from the actual cost of providing those services. Reimbursement refers to the amount that the facility receives in payment for those services, which may be less than the amount charged. Contractual allowance is the difference between the amount charged and the amount actually received, which is often negotiated with insurance companies or other payers.

This Is the Amount the Facility Actually Bills for the Services