N.Y. Comp. Codes R. & Regs. Tit. 10 § 444.16 - Deductions from revenue account descriptions
[ 3223 ]
These deductions represent the estimated amount of current revenue that will not be realized as a result of credit losses.
These adjustments represent the difference between full established charges for individual services and the contractual rates received or to be received from third-party payors for services rendered.
These deductions represent the difference between full established charges and amounts received or to be received from indigent patients, voluntary agencies or governmental units on behalf of specific indigent patients.
These deductions represent adjustments for items such as courtesy allowances and employee discounts from the hospital's full established charges for services.
These adjustments represent amounts of patient service revenue posted but not billed to patients because the cost of billing and collection would exceed the amounts received.
PROVISION FOR BAD DEBTS..........................................................................................................
This account shall contain the hospital's periodic estimates of the amounts of accounts and notes receivable that are likely to be credit losses. The estimated amount of bad debts may be based on an experience percentage applied to the balance of accounts receivable or the amount of charges to patients' accounts during the period, or it may be based on a detailed aging and analysis of patients' accounts.
5911 Medicare - Part A..........................................................................................................
5912 Medicare - Part B..........................................................................................................
5920 CONTRACTUAL ADJUSTMENTS-MEDICAID..........................................................................................................
5930 CONTRACTUAL ADJUSTMENTS-BLUE CROSS..........................................................................................................
5940 CONTRACTUAL ADJUSTMENTS-OTHER..........................................................................................................
5960 CHARITY/UNCOMPENSATED CARE-OTHER..........................................................................................................
This account is used to report voluntary and governmental agency grants or subsidies for the care of nonspecified medically indigent patients during the current reporting period.
This account shall be used to report write-offs of debit or credit balances in patients' accounts in which the cost of billing or refunding exceeds the amount of the account balance. In addition, reductions in the nature of courtesy allowances and employee discounts, from the hospital's established rates for services rendered, must be reported in this account.
Other deductions from revenue which are not included elsewhere must be reported in this account.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.