What document summarizes all recent claims filed for each patient?

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The document that summarizes all recent claims filed for each patient is the Provider Remittance Notice (PRN). This document serves as a detailed report from the payer to the provider, indicating the status of claims submitted by the provider for payment. It outlines which claims have been processed, the payment amounts, adjustments, and any denials, helping providers reconcile their accounts.

The Provider Remittance Notice is essential in the revenue cycle because it provides transparency on cash flow and aids in understanding payment trends. It also emphasizes the importance of accurate and timely claims submissions, as discrepancies noted in the PRN could indicate issues that need to be addressed for future claims management.

The other options relate to different aspects of healthcare documentation or processes but do not specifically summarize claims for each patient in the same comprehensive manner as the PRN. For example, the Common Data File generally refers to a data interchange standard used for various healthcare transactions rather than a summary of claims. Electronic Remittance Advice (ERA) is similar to the PRN but typically provides information in an electronic format and often focuses on the payments made rather than previous claims filed. Open Claims represent claims that are still pending resolution, but again, they do not provide the summary needed for an overview of recent claims for each patient.

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