How would a hospital log the recovery of a bad debt once it has been logged on a Medicaid Cost Report?
This would depend on whether the account is for a patient with a family income above or below the federal poverty-income guidelines (FPL). Since charges for patients with family incomes at or below the FPL can only be logged in the specific Medicaid Cost Report that covers the date(s) the services were delivered, once that Cost Report is filed, no additional data can be entered. Again, this includes Disability Assistance Medical accounts. Should a hospital later find it is able to bill the account to a third-party payer, there is no way for it to log that recovery and no additional entry in a log or Cost Report is required. However, since hospitals log accounts for families with income above the FPL based on the date of write-off, any recoveries of these bad debts should be reversed in the year in which the recovery was received, no matter how old the account. (4/14/03) 7.5a. When is a patient to be considered “with insurance?” A patient is considered to be “with insurance” if s(he) ha
Related Questions
- Which rule explains how a hospital’s auditor must conduct its annual review of a hospital’s Medicaid Cost Report Schedule F uncompensated care data, and where can I get a copy of it?
- How should a hospital report a lump sum, bad debt recovery that cannot be tracked back to individual patient accounts?
- How would a hospital log the recovery of a bad debt once it has been logged on a Medicaid Cost Report?
