For the month of September, receipts at the offices of Drs. Lewis and King totaled $35,000. The Medicare/Medicaid adjus

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answerhappygod
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For the month of September, receipts at the offices of Drs. Lewis and King totaled $35,000. The Medicare/Medicaid adjus

Post by answerhappygod »

For the month of September, receipts at the offices of Drs.
Lewis and King totaled $35,000. The Medicare/Medicaid
adjustment for the month was $1,750, and the managed care
adjustment was $4,500. Total charges for the month of
September equaled $53,000.

What is the collection ratio for the month of September?
Show your calculations.
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