Definition

A code used to indicate changes made to the original charges. It appears on your bill to explain discounts or corrections.

What to consider

  • Ensure adjustments are clearly documented.
  • Compare with previous statements for consistency.
  • Contact billing if the adjustment is unclear.

Real world scenarios

  • After a review, Mark’s bill included a payment adjustment that reduced his total amount due.
  • A discrepancy was corrected through a payment adjustment on Linda’s statement.
  • John’s account showed a payment adjustment following a reprocessing of his claim.

Related terms

Healthcare