Definition

A modification made to the total amount due after applying discounts or write-offs. It is clearly noted on your billing statement.

What to consider

  • Keep your account number confidential.
  • Use it when discussing your bill with providers.
  • Record it in your personal files for easy access.

Real world scenarios

  • Every billing statement included a unique patient account number for record tracking.
  • After a hospital visit, Sarah noted her patient account number for future inquiries.
  • John used his patient account number to reference past bills when calling customer service.

Related terms

Loading category...
Topics
Mia's avatar
Hey there! I’m Mia. Have questions about Payment Adjustment?
Mia's avatar
I’ve got a few ideas you can put into action today. Ready to dive in?