A remittance advice is a ______.

A remittance advice is a document sent to the provider that details the payment for claims they have submitted to the insurance company. It outlines the amounts paid, adjustments made, and any denials, helping the provider understand how much they will receive and why certain amounts were deducted. This information is crucial for the provider to manage their billing and follow up on any issues with payments.

The remittance advice thereby serves as a summary of the insurance payment process, providing important feedback on the claims submitted by the provider. Understanding this document is essential for any medical administrative assistant, as it aids in ensuring accurate financial records and patient accounts management.