If a participating provider's usual fee for a service is $700.00 and Medicare's allowed amount is $450.00, what amount is written off by the physician?

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The participating provider is contracted with Medicare to accept their allowed amount as payment in full, so the physician must write off the difference between their usual fee and the allowed amount. In this case, they must write off $250.00 ($700.00 - $450.00).

If a Participating Provider's Usual Fee for a Service Is