Net patient service revenue means gross inpatient revenues from services provided to nursing care facility patients less reductions from gross inpatient revenue resulting from an inability to collect payment of charges. Inpatient care revenue excludes nonpatient care revenue such as beauty and barber, vending income, interest and contributions, revenues from the sale of meals and all outpatient revenues. Reductions from gross revenue includes bad debts, contractual adjustments, uncompensated care, discounts and adjustments and other revenue deductions;
Net patient service revenue means gross inpatient revenues from services provided to nursing facility patients less reductions from gross inpatient revenue resulting from an inability to collect payment of charges. Inpatient service revenue excludes non-patient care revenues, such as revenues from beauty and barber services, vending income, interest and contributions, revenues from the sale of meals, and all outpatient revenues. Reductions from gross revenue include contractual adjustments, uncompensated care, administrative, courtesy, and policy discounts and adjustments, and other revenue deductions.
Net patient service revenue means the total revenue
Examples of Net patient service revenue in a sentence
Net patient service revenue increased by $162.9 million, or 16.9%, during fiscal year 2021.
Net patient service revenue from employed physicians increased $18.4 million as a result of the recruitment of new physicians serving the community in primary and specialty care.
Net patient service revenue is reported at the estimated net realizable amounts from patients,third-party payors, and others for services rendered, including estimated retroactive adjustments under reimbursement agreements with third-party payors and the provision for bad debts.
Net patient service revenue from employed physicians increased$19.9 million as a result of the recruitment of new physicians serving the community in primary and specialty care.
More Definitions of Net patient service revenue
Net patient service revenue means gross revenue from inpatient and outpatient care provided to hospital patients converted to net patient service revenue utilizing data from Worksheets G-2 and G-3 of each hospital's medicare cost report for the fiscal year [2013-2014.] ending three years prior to the state fiscal year for which net patient service revenue is being calculated. For example, the net patient service revenue for fiscal year 2017-2018 shall be based on data from fiscal year 2014-2015. If the hospital is new or did not file a fiscal year medicare cost report, the department shall obtain the hospital's net patient service revenue from the most recent period available.
Net patient service revenue means gross revenue from inpatient and outpatient care provided to hospital patients converted to net patient revenue utilizing data from Worksheets G-2 and G-3 of each hospital's medicare cost report for fiscal year [2012 2013.] 2013-2014. If the hospital is new or did not file a fiscal year medicare cost report, the department shall obtain the hospital's net patient service revenue from the most recent period available.
Net patient service revenue means gross revenues from services provided to nursing home facility patients, less reductions from gross reve- nue resulting from an inability to collect payment of charges. Such reduc- tions include bad debts; contractual adjustments; uncompensated care; ad- ministrative, courtesy, and policy discounts and adjustments; and other such revenue deductions.
Net patient service revenue means gross revenues from services
Net patient service revenue means gross revenue from services provided to nursing facility patients, less reductions from gross revenue resulting from an inability to collect payment of charges. Patient service revenue excludes nonpatient care revenue such as beauty and barber, vending income, interest and contributions, revenue from sale of meals and all outpatient revenue. Reductions from gross revenue includes: bad debts; contractual adjustments; uncompensated care; administrative, courtesy and policy discounts and adjustments; and other such revenue deductions.
Net patient service revenue or “NPSR” means, unless otherwise agreed by the Parties, the estimated realizable amounts from patients, third-party payers, and others for services provided excluding bad debt expense and includes estimated retroactive adjustments under reimbursement agreements with third-party payers. “New ABM” has the meaning given in Section 4.5(c)(ii). “New Advances” has the meaning given in Section 9.12(d). “New Service Facility” has the meaning given in Section 6.1(a)(iii). “New Service Levels” has the meaning given in Exhibit 3, Section 1. “New Services” means new services or significant changes to existing Services requested by Ascension Health, (i) that impose materially different obligations on Supplier, (ii) that require materially different levels of effort, resources or expense from Supplier, and (iii) for which there is no current resource baseline or charging methodology. “New SLA Measurement Commencement Date” has the meaning given in Exhibit 3, Section 2.1. “New SLA Measurement Period” has the meaning given in Exhibit 3, Section 2.1. “Non-Data Supplier Vendor” means any Supplier Vendor that is not a Data Supplier Vendor. “Notice of Election” has the meaning given in Section 17.5(a). “NPR” has the meaning given in Exhibit 17, Section 4.2(a). “Observation Status” has the meaning given by the CMS. “Official” has the meaning given in Section 15.7(h). “Old Service Levels” has the meaning given in Exhibit 3, Section 1. “On-Leave Mandatory Transition Employee” has the meaning given in Exhibit 13, Section 2.3(e). “On-Leave Offer Period” has the meaning given in Exhibit 13, Section 2.3(e). “Operating Metric Scorecard” means a balanced scorecard which will use the metrics described in Exhibit 4-B to measure revenue cycle operating performance. The Operating Metric Scorecard will be based on data and reports from the Xxxxx RCA System. “Operating Metrics” has the meaning given in Exhibit 4-B, Section 2.2. “Operational Denials” means denials which are associated with revenue cycle activities for In-Scope Operations for Supplier. “Operations Oversight Committee” or “OOC” has the meaning given in Exhibit 6, Section 5. “Original Assessment” has the meaning given in Exhibit 4-A, Section 1.3(iv).
Net patient service revenue means patient service revenue minus deductions from revenue. Deductions from revenue include contractual adjustments and charity care.