Net patient revenue definition

Net patient revenue means the amount calculated in accordance with generally accepted accounting principles for hospitals that is reported on Worksheet G- 3, Column 1, Line 3, of the medicare cost report, excluding long-term care inpatient ancillary revenues.
Net patient revenue from the medicare cost report means the amount calculated in accordance with generally accepted accounting principles for hospitals that is reported on Worksheet G-3, Column 1, Line 3, of the 2016 medicare cost report excluding long-term care inpatient ancillary and other non- hospital revenues, or, in the case of a hospital that did not file a 2016 medicare cost report, comparable data from the first complete cost report filed after 2016 by the hospital.
Net patient revenue means the total amount of income, after allowance for contractual amounts, charity care and bad debt, received for patient care and services, including:

Examples of Net patient revenue in a sentence

  • Net patient revenue is reported at estimated net realizable amounts from Medicare, a third-party payor.

  • Net patient revenue is determined from each hospital’s Medicare Cost Report and is averaged between 2016, 2017 and 2018.

  • Net patient revenue approximates the payments a hospital receives for patient services.

  • Net patient revenue is calculated by totaling all charges the hospital billed to patients, subtracting contractual allowances and then subtracting bad debt and charity care.

  • Net patient revenue is calculated by totaling all charges the hospital billed to patients, subtracting the total of all contractual allowances for each major payer, such as Medicare, Medicaid, commercial, etc., then subtracting uncompensated care.


More Definitions of Net patient revenue

Net patient revenue from the medicare cost report means the amount calculated in accordance with generally accepted accounting principles for hospitals that is reported on Worksheet G-3, Column 1, Line 3, of the 2019 medicare cost report, excluding long-term care inpatient ancillary and other non- hospital revenues, or, in the case of a hospital that did not file a 2019 medicare cost report, comparable data from the first complete cost report filed after 2019 by the hospital.
Net patient revenue means the amount calculated in accordance with generally accepted accounting principles for hospitals that is reported on Worksheet G-3, Column 1, Line 3, of the 2008 medicare cost report excluding long-term care inpatient ancillary revenues, or, in the case of a hospital that did not file a 2008 medicare cost report, comparable data from the first complete cost report filed after 2008 by such hospital.
Net patient revenue means the gross amount received on a cash basis by a compassion
Net patient revenue means the total amount of revenue, after allowance for con-
Net patient revenue means all revenue reported by a hospital on the hospital’s 2008 Medicare cost report for acute patient care and services, but does not include contractual adjustments, charity care, bad debt, Medicare revenue, or other revenue derived from sources other than hospital operations including but not limited to nonoperating revenue, other operating revenue, skilled nursing facility revenue, physician revenue, and long-term care revenue.
Net patient revenue means gross service revenue less
Net patient revenue means the total amount of revenue, after