Report Materials
Based on our statistical sample results, we estimated that Carolinas Medical Center (CMC) claimed $692,000 for bad debts in fiscal year 2005 that were not reimbursable under Medicare regulations. Of this amount, $667,000 related to bad debts that were with a collection agency. The remaining balance of $26,000 was unallowable for other reasons specifically related to CMC's actions and should be adjusted on CMC's cost report. Finally, we identified 25 accounts with $1,200 in bad debt recoveries that were not reported on the cost report.
Notice
This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.