Total monthly receipts are $50,000 and total monthly charges are $60,000 for the same month. Which of the following percents is the collection ratio?
a. 95%
b. 87%
c. 83%
d. 120%
c
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A) Check to see if the patient's signature is on file for release of information. B) Write the provider's federal tax ID number in the appropriate space. C) Correctly complete boxes 1-3 on the form. D) Check for a photocopy of the patient's insurance card.
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