For the month of September, receipts at the clinic of Drs. Lewis and King totaled...
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Accounting
For the month of September, receipts at the clinic of Drs. Lewis and King totaled $35,000. The Medicare/Medicaid adjustments for the month was $1,750, and the managed care adjustments was $4,500. Total charges for the month of September equaled $53,000. What was the collection ratio for the month of September? Show your calculation in the space provided.
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