Free AAMA Certified Medical Assistant (CMA) Practice Question

The 'Payment Amount' on a remittance advice is the most essential element for a medical assistant to identify and understand. This is because it provides the actual sum paid by the payer to the provider for services rendered, which must be reconciled with the amounts charged and the accounts receivable. While adjustment amounts, allowed amounts, and patient responsibility amounts are important, these figures ultimately contribute to determining the final payment amount that requires reconciliation.