Insurance
Network Hospital Settlement Payment
Settling the monthly batch invoice from a network hospital for all direct billing claims.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Payable (Network Hospital) | Liability (-) | 85,000.00 | - |
| Cash / Bank | Asset (-) | - | 85,000.00 |
💡 Accountant's Note
Network hospitals are paid in batches — typically monthly or bi-monthly. The payment clears the accounts payable that accumulated from individual pre-authorized admissions throughout the period.
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