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When Patients Die
I have a question about estate claims for deceased patients. These claims can take months or years to settle. What do practices do with these balances while they are waiting for the estate?
Question: I have a question about estate claims for deceased patients. These claims can take months or years to settle. What do practices do with these balances while they are waiting for the estate?
Answer: Most practices collect what they can from the payer and write off the balance. It just makes it simpler because collection, as you say, is at best distant and probably unlikely.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
