Final answer:
In a healthcare revenue budget, net medical revenues is the result of subtracting contractual adjustments and deductibles from gross medical revenues.
Step-by-step explanation:
Net Medical Revenues in a Healthcare Revenue Budget.In a healthcare revenue budget, net medical revenues is calculated by subtracting certain costs from the gross medical revenues. These costs include contractual adjustments, which are the differences between what is billed and what is actually paid by payors due to negotiated discounts and rate adjustments. Additionally, net medical revenues are reduced by deductions like deductibles, which are out-of-pocket payments that insurance policyholders must make before their insurance coverage contributes. Therefore, in simple terms, net medical revenues equal gross medical revenues minus contractual adjustments, deductibles, and any other adjustments or discounts.