Define: Contractual Adjustment
Contractual Adjustment means a reduction in the billed amount of a receivable due to policy requirements or set agreements.
Contractual Adjustment means a reduction in the billed amount of a receivable due to policy requirements or set agreements.
Relevant Circumstances
- Implementing public funding changes
- Adjusting for organizational scale or scope changes
- Associating with insurance claim adjustments
- Revising due to policy or procedural shifts
Relevant Sectors
- Insurance
- Healthcare
- Public Services