In plain English
These are accounting amounts used to revise what the account shows. They can increase or decrease the charges on the billing account or the amount still owed.
In context
Here, adjustments labels statement entries for amounts that increase or reduce the charges or balance on the billing account.
- Situation
- Reading patient billing, coding, estimates, statements, and payment-plan fields
- What it communicates
- labels transaction entries that change billed amounts in the statement list.
Meaning limits
The term alone does not say why the amount changed or whether it raised or lowered the total.
Examples
“Her latest bill includes two adjustments: a £10 credit that lowered the balance and a £4 charge that raised it.”
“The account carried three adjustments from the disputed bill into the following month.”