Coping with Medicare overpayments and other cash-flow problems: bankruptcy and nonbankruptcy alternatives.
Over the last several years, many home care agencies have encountered serious financial difficulties as a result of, among other reasons, Medicare's attempts to recover alleged overpayments. Depending on the cause of the financial difficulties, a provider, in consultation with accountants and attorneys, may decide to restructure its business through either a nonbankruptcy workout or a Chapter 11 bankruptcy filing.
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D000067:Accounts Payable and Receivable; D016361:Bankruptcy / Q000458:organization & administration*; D006699:Home Care Services / Q000191:economics*; D006278:Medicare / Q000331:legislation & jurisprudence*; D011340:Problem Solving; D012051:Reimbursement Mechanisms / Q000331:legislation & jurisprudence; D013997:Time Factors; D014481:United States