sagitechls / SSN_SACE_2017_Jan

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Need description for the following in PUF_detailed #16

Closed eashwarsiddharth closed 7 years ago

eashwarsiddharth commented 7 years ago

How is average_submitted_chrg_amt calculated ?

Rajhan commented 7 years ago

Consider only the Medicare allowed amount since it's the maximum amount a doc can get from Medicare for the services he has rendered irrespective of how much he has charged for the service. average medicare payment amount is the actual amount he has received for the service. The standard amount is the amount Medicare pays for the services to similar docs for the same procedure in similar city and state.

eashwarsiddharth commented 7 years ago

@Rajhan is there any specific reason as to why the allowed and payment amounts have a difference ?

Rajhan commented 7 years ago

medicare as some formulae to determine the amount a doc gets for the services he rendered. Medicare does some bargaining depending on various factors, they have a long list of rules and guidelines which were converted into an act also.