What is Allowed amount/considered amount/Approved amount?
The dollar amount an insurance company deems fair for a specific service or procedure. This is the maximum amount that
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AR Terminologies
What is an Advance Beneficiary Notice (ABN)?
A notice that the hospital or doctor gives the patient before the treatment, telling the patient that Medicare will not
Read MoreWhat is Account Number/Encounter #?
What is Account Number/Encounter#? The number is given by the doctor or hospital for each and every patient’s medical visit
Read MoreWhat is Ambulatory Surgery (ASC)?
Outpatient surgery or surgery that does not require an overnight hospital stay (more than 24 hours). Other names Day surgery
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