Simpson, age 45, is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $61,600 and has incurred the following medical expenses:       Dentist charges $ 1,560 Physician charges   1,980 Optical charges   815 Cost of eyeglasses   430 Hospital charges   4,200 Prescription drugs   610 Over-the-counter drugs   720 Medical insurance premiums (not through an exchange)   985   a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.   b. Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

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Patient billing and collection

Patient billing and collection is a process where a medical charge will be imposed on the patient and the amount will be collected after considering co-pays, insurance deduction, and non-covered insurance. Billing and collection in the medical process is a vital process for the patient as well as the health organization. For a health organization, collecting medical charges is income for service provided by them to a patient. For a patient, medical billing is the expense for using the service provided by the health organization. For some patients, certain services will be covered under the insurance policy, and the remaining charges have to be paid out-of-pocket. The collection of such bills has to be clearly stated without creating a chaotic situation for patients and insurance providers. A billing statement will be easily collected for the uninsured patient as medical charges will be directly collected from them.