Health, 05.05.2020 02:33 EmTerrell2933
A medical office has many patients covered by WeCare, a preferred provider health insurance company. A Level 1 office visit has a standard charge of $80. WeCare pays $50. The past history shows that WeCare denies 5% of claims for Level 1 office visits. There were 100 Level 1 office visits by WeCare patients in the past month. Assuming the same past history, what will the totals be for Accounts Receivable and Less: Allowance for Uncollectible Payments?
a. $5,000 and $400
b. $5,000 and $250
c. $8,000 and $250
d. $8,000 and $400
Answers: 2
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A medical office has many patients covered by WeCare, a preferred provider health insurance company....
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