Concept information
Preferred term
bad debt loss
Definition
- A bad debt loss arises when a health care provider is unable to fully, or partially, collect amounts rightfully due it, as a result of the failure of a patient or third party to fulfill payment obligation. Generally, bad debt losses are associated with accounts receivables generated in the normal course of business. [Source: Encyclopedia of Health Care Management; Bad Debt Loss]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bad_debt_loss
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