BAD-DEBT WRITE-OFFS ON THE RISE.(Industry Overview)

Modern Healthcare;  February 22, 1999 ;   Pallarito, Karen;   745 words ......write off record amounts of revenue to bad debt. The situation worsened last year, stunting...hospital, on average. That figure reflects bad-debt write-offs tracked by Hospital Accounts...could write off a scorching $20 billion to bad debt in 2000, up from $16 billion to $17 ...

Hospitals need to act to reduce bad debt writeoff, which exceeds profit by...

Health Care Strategic Management;  February 1, 2000 ;     264 words ......hospitals are not taking steps to reduce their bad debt writeoffs, which totaled $30 billion nationwide...hospital. When comparing hospitals that have 7% bad debt to those that have 2% bad debt, Zimmerman said hospitals with higher bad debt...

Debt control: what you can do to keep your bad debt accounts to a...

Pest Control;  March 1, 2004 ;   Gooch, Heather;   787 words ...What percentage is bad debt for your company? Is it 2% (a service industry average...Medlin finds more success on the phone by getting the customer to at least pay some of the bill when he's proactive...make a payment plan, for example. Our company takes a customer service approach, he states. ...

Cook hospital bills piling up; County health system's $300 million of bad...

Crain's Chicago Business;  May 15, 2006 ;   Hinz, Greg;   719 words ...Byline: GREG HINZ Bad debt at Cook County's hospitals and clinics...several requests. The data indicate that bad debt in the county health network hit $302...up from $94 million in fiscal 1995. Bad debt represented 35% of billings in 2004...

UNCOLLECTIBLE BAD DEBT A BURDEN FOR LOCAL AGENCIES

The Columbian;  July 7, 2002 ;   THOMAS RYLL, Columbian;   787 words ......Clark Public Utilities, customer service manager Watkins, like...percentage: what the annual bad-debt loss is as a percentage...increase the utility's bad-debt losses is bimonthly...utility. We have a customer service philosophy that we...

Only tangible bad debt can be claimed on taxes

The Milwaukee Journal Sentinel;  March 1, 2004 ;   JOYCE M. ROSENBERG;   720 words ...SMALL BUSINESS Only tangible bad debt can be claimed on taxes Unpaid rent, missed...Generally, in order for a business to deduct a bad debt, there has to have been some kind of tangible...based in Riverwoods, Ill., noted that a bad debt has to be for something that can be quantified...

Hospitals seeing more bad debt

La Crosse Tribune;  April 14, 2000 ;   Rindfleisch, Terry;   432 words ......the highest amount of charity care and bad debt among Coulee Region hospitals, with $4...uncompensated care - charity care and bad debt for fiscal year 1997. Charity care is...determining the patient cannot afford to pay. Bad debt is care for which hospitals are unable...

Dealing with bad debt

The Scotsman;  August 31, 1999 ;   James Dow;   467 words ......its finances, will face the problem of bad debt, which sometimes can pile so high that...in new capital. The best way to avoid bad debt is to use a four-letter word: cash. Dr...Scottish Enterprise, says that a lot of bad debt is preventable, and he suggests trying...

What they'd gain; FAH plan could help with bad debt.(Chains)(Federation of...

Modern Healthcare;  February 26, 2007 ;   Galloro, Vince;   343 words ...Byline: Vince Galloro Bad-debt expense, along with weak patient volume, has been...And this news comes at a time when the growth in bad debt is expected to slow, according to Fitch. Bad debt alone, however, doesn't tell the entire story of...

Bad debt help rises sign of the times.(Business)

Liverpool Echo (Liverpool, England);  July 28, 2008 ;     197 words ......upturn in companies seeking protection from bad debt. Liverpool-based Bibby Financial Services...in the past year approaching them for bad debt protection. They also said twice the number...by 8.5% in the first quarter of 2008. Bad debt protection acts as a safeguard against...

Royal is hit by soaring bad debt charges

Evening News - Scotland;  December 17, 2001 ;   ANDREW BEACH;   635 words ......Scotland today said it faced increased bad debt charges as a result of poor economic conditions...individual companies or expected figures for bad debt, referring only to "certain specific customer...situations" contributing to an increased bad debt charge. "We will have a ...

Medicare bad debts: are you losing money? With the focus on bad debt...

Healthcare Financial Management;  June 1, 2008 ;   Erde, Joanne B.;   787 words ......decisions address whether it is proper to claim a bad debt while it is still at an outside collection agency (OCA) and/or whether the bad debt moratorium prevents the intermediary from disallowing the bad debt if it was claimed while at an OCA. (a) First...

SOME 57% OF TOTAL BAD DEBT IN THE HANDS OF LARGE DEBTORS

Indonesian Commercial Newsletter;  July 12, 1993 ;     215 words ......Indonesia show that most (57%) the total bad debt suffered by banks is held by large debtors...distribution of Rp 134.6 trillion. Of the total bad debt of Rp 3.68 trillion, some Rp 2.54 trillion...trillion by private banks. The ratio of bad debt against loans of up to Rp 200 ...

Health systems bandaging profit margins; Executives fight bad debt, cut...

Crain's Detroit Business;  December 3, 2007 ;   Begin, Sherri;   787 words ......executives say. That eventually translates into bad debt write-offs as hospitals cover costs to...for employees, opening the door to more bad debt. The reality is that any time you put...health care costs on an individual,'' bad debt rises, said Patrick McGuire, CFO of St...

Bad Debt Deductions - Hurdles And Limitations

Intelligencer Journal Lancaster, PA;  September 29, 2008 ;   Patti S Spencer;   707 words ......the debtor can't pay you back, you have a "bad debt." Tax law provides some relief by allowing...for the partial worthlessness of a business bad debt is permitted. What is a nonbusiness bad debt? It is a personal debt, not related to a trade...