Amount Generally Billed (AGB) Calculation
Lee Health uses the “look-back” method to calculate the 'amount generally billed’ (AGB) as required by federal law. The AGB is the maximum amount we will collect from a patient who is eligible for financial assistance under our Financial Assistance policy. The AGB percentage is based on all claims allowed by Medicare and private health insurers over a 12-month period, divided by the associated gross charges for those claims.
For the period OCT 1 2022 TO SEPT 30, 2023, Lee Health billed $10,149,440,816 in gross charges to Medicare, Medicaid and to private health insurers, of which $2,185,840,048 in claims were allowed. This makes the AGB 21.08%.
Calculation: $2,185,840,048 divided by $10,149,440,816 equals 21.08%
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