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Managing Accounts Receivable Write-Offs: Make Sure You Have the Information

Managing Accounts Receivable Write-Offs: Make Sure You Have the Information


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The identification and classification of certain accounts receivable (A/R) write-offs—bad debt, charity care, small balance write-offs, self-pay discounts, or V.I.P. discounts—are not consistent among healthcare providers or sometimes even within the providers’ own office. To manage your receivables effectively and accurately present your receivables transactions on your financial statements, administrators and revenue cycle managers must know not only that accounts are being resolved but also how they are being resolved.