Thus, the moving average cost of the green widgets was $5 per unit at the beginning of the month, and $5.88 at the end of the month. We will repeat the example, but now include several sales. Remember that we recalculate the moving average after every transaction.
Finally, pass-through billing is an arrangement in which a laboratory tests samples provided by a physician for a fee, and allows the physician to profit by billing payers directly for the laboratory services for more than the physician paid the laboratory. This approach is typically avoided for Medicare and Medicaid patients by most physicians.
If an insured patient receives a cholesterol test as part of a physical, there is typically a charge for an office visit copay. Walk-in clinics provide cholesterol testing for $50-$100 per visit. The cost usually includes the cost of lab testing and the cost of an office visit. For example, Minute Clinic , the medical clinic located inside many CVS Pharmacy locations, offers cholesterol testing for $59 plus a $30 lab fee.