Selling written-off A/R

Healthc Financ Manage. 2008 Sep;62(9):128-30, 132.

Abstract

There are several things to consider in selling written-off A/R to a third party: Know how the purchase is being financed. Ensure the hospital has the ability to review collection policies that will be used. Arrive at a price via a sophisticated analysis of the debt, not by an arbitrary number. Insist on receiving detailed reports on collection success on an ongoing basis. Develop some type of profit-sharing arrangement.

MeSH terms

  • Accounts Payable and Receivable*
  • Economics, Hospital / organization & administration*
  • Efficiency, Organizational / economics
  • Humans
  • Patient Credit and Collection / organization & administration*