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Physician Office Revenue for Visit Code 99214 has a full established rate of $62.00. Of ten different payers, there are nine different contracted rates, as follows:
Payer Contracted Rate FHP $58.75HPHP 48.25MC 54.90UND 60.40CCN 62.00MO 50.75CGN 12.00PRU 55.95PHCS 40.00ANA 49.00
Required
Problem 1. Set up a worksheet with four columns: Payer, Full Rate, Contracted Rate, and Contractual Allowance.
Problem 2. For each payer, enter the full rate and the contracted rate.
Problem 3. For each payer, compute the contractual allowance.
The first payer has been computed below:
Full Contracted ContractualPayer Rate (less) Rate = AllowanceFHP $72.00 $35.70 $36.30
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