Evidence of medical bills and writeoffs is admissible, rules Massachusetts Supreme Judicial CourtPat Murphy
money that a customer owes to the company. Similarly, in the healthcare industry, AR means the patient’s account balance becomes due for payment within a year. Account receivable services include the management of many reports dealing with insurance, collection analysis, write-offs, bad debt [...
Adjustments, such as contractual write-offs, discounts, or refunds, need to be recorded during payment posting. These adjustments reflect any contractual agreements between the healthcare provider and the insurance company, as well as any discounts or refunds provided to the patient. Accounts Receivabl...
do not pay most federal orstate taxes. In exchange for the tax break, they are required to spend money to improve the health of their communities, including providing free care to those who can't afford their medical bills. Although the hospitals report tens of millions in annual community b...
The article discusses a recent holding rendered by the Iowa Supreme Court on medical write-offs in the case of Pexa v. Auto Owners Insurance. Under Iowa law, an insured claiming under insured motorist (UIM) benefits can sue the insurer and obtain a jury determination of the amount of ...
Overcharged: Why Medical Insurance Write-Offs Are Not Collateral Sources and Should Not Be Recoverable as Medical Expenses in TortAst, CoriGeorge Mason Law Review