The difference between a nurse practitioner's charge of $45 for an office visit and the insurance company's payment of $34 is:
A)A contractual allowance.
B)A profit.
C)A flat rate.
D)Revenue.

Question

Quizplus · Accepted Answer

Because the amount that is allowed for an office visit is less than the amount that the NP charges,this is known as a contractual allowance or discount.If the amount allowed were more than what the NP charges,then a profit would be realized.All of the answers represent sources of revenue.

The Difference Between a Nurse Practitioner's Charge of $45 for an Office