Medicare-Approved Amount
Official Definition:
“CMS defines Medicare-Approved Amount as in Original Medicare, as the amount a doctor or supplier that accepts assignment can be paid. It may be less than the actual amount a doctor or supplier charges. Medicare pays part of this amount and you’re responsible for the difference.” – www.medicare.gov
[Medi-Care-Eez] Definition:
“…the amount Medicare will pay for a specific service.”
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