About Us | Site Map | Privacy Policy | Contact Us | ©2006 Aspir'e Solutions
Home | Services | Benefits | Testimonials | Careers | Contact

Credit Balance

The amount remaining in a cash account or margin account after all securities have been paid for.

A credit balance occurs within a patient account when the amount paid to provider for a specific service or set of services is exceeds the entered charges. Overpayment may be caused by collecting receipts in excess of contracted amounts, by being paid more than once in a manner that results in a total payment in excess of the charge for services rendered, by being paid by more than one party for the same service, by submitting a duplicate claim(s) for the same charge(s), or by other similar billing mishaps.