Search results
Results from the WOW.Com Content Network
healthcare lien (United States)—a statutory lien asserted by an HMO, insurer, medical group, or independent practice association against those liable to the, also its patient in damages, to recover money paid or claim money payable for healthcare services provided (sometimes called a healthcare lien).
Medical debt is considered as a non-priority unsecured debt in Chapter 7 bankruptcy. In other words, medical debts are paid only after assets are applied to the debt of creditors who hold priority debt, and thus medical debts are often discharged in their entirety at the conclusion of the bankruptcy process.
After placing 11,500 liens on patient homes for unpaid bills, a North Carolina hospital canceled them. Here’s what happened—and how to manage medical debt.
Less than a week after NBC News detailed how the hospital system Atrium Health of North Carolina aggressively pursued former patients’ medical debts, placing liens on their homes to collect on ...
Atrium Health placed these liens on thousands of patient homes to secure unpaid medical debts. Although legal, these liens allowed the hospital to claim payment if the homeowner sold or refinanced ...
In the United States, ERISA reimbursement refers to the efforts of an ERISA Plan administrator (an insurer) to obtain repayment from an insured person who had previously received payments for personal injury medical bills. [1] [2] When an insurer pays an injury claim to someone, the insurer can seize cash settlements from whoever caused the ...
In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. [1] Unsecured debts are sometimes called signature debt or personal loans. [2]
Medical billing, a payment process in the United States healthcare system, is the process of reviewing a patient's medical records and using information about their diagnoses and procedures to determine which services are billable and to whom they are billed. [1] This bill is called a claim. [2]