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For example, a bad debt policy may allow a low-level manager to approve customer write-offs that range between $1,500 and $5,000, a midlevel manager to approve write-offs that range between $5,000 ...
In 2006, HHS issued a policy that reversed a long-term practice of providing reimbursement for hospitals’ bad debt, claimed on cost reports, while the accounts were still pending at an outside ...
As reported in previous Payment Matters articles (6/11/08, 4/4/13 and 6/27/13), the United States District Court for the District of Columbia has ...
The disallowal of bad debts from fiscal years 2006 to 2009 means hospitals will need to pay nearly $1.4 million in debt accumulated during those years, according to the lawsuit.
A huge overhang of questionable residential mortgage debt still burdens the United States economy. Regardless of how it is treated on bank balance sheets and income statements, everyone - the ...
However, even more recently, the same court upheld that same "must bill" policy in New Lifecare Hospitals of N. Car. LLC, et al v.Azar, No. 17-00237, September 27, 2019.The court in Lifecare did ...
In 2020, 46 million people had medical debt listed on their credit report. CFPB’s research showed that medical bills are poor indicators of an individual’s ability to repay a loan.