Editor’s Note: This article originally appeared on TransUnion Healthcare’s website.
Q: What is Medicare Reimbursable Bad Debt?
J: It’s a component of the Medicare program allowing hospitals to collect reimbursement for deductible and copayment amounts that are incurred by Medicare beneficiaries and are unpaid and uncollectable. MBD is a significant revenue source for many hospitals, as they can receive 65% of the eligible amount of MBD they incur. The key term here is “eligible”, as Medicare has very specific guidelines defining the eligibility of an account claimed as MBD. Click here to continue>>
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