Medical Billing Forum

Payments => Insurance Payments => Topic started by: mcneil.karen on January 30, 2018, 04:14:51 PM

Title: Insurance Write-Off
Post by: mcneil.karen on January 30, 2018, 04:14:51 PM
Good afternoon,
I am working with a provider who is new to private practice.  Can the provider write-off the insurance adjustment when filing their income tax?

Thanks,

Karen
Title: Re: Insurance Write-Off
Post by: kristin on January 30, 2018, 06:13:54 PM
I am not an attorney or an accountant, but I had a provider who wanted to know the same thing, as well as if they could somehow write-off their penalties from no doing MIPS, etc. The practice accountant said no way it could be written off. But I would recommend the provider ask their accountant directly.
Title: Re: Insurance Write-Off
Post by: mcneil.karen on January 31, 2018, 11:02:12 AM
Thank you so much Kristen.  Have a great day!

Karen