4 ms·

Makes me think they can write it off their taxes as "uncollectable."

• rhino369 6y ago
  Yes, but they also had to add 50k of uncollectable revenue. So its not really doing anything for them for their taxes. It's mostly a game played between insurance provider and medical provider. They ask for 50k--knowing it the insurance is going to low ball them.
  • ncmncm 6y ago
    If they write off $39k, that counts against $39k in other income they actually get that they then don't have to pay taxes on.