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REPORT OF THE HOSPITAL ACCOUNTS COMMITTEE
 
 
 
 
 
 
 
 
 
 
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REPORT OF THE HOSPITAL ACCOUNTS COMMITTEE

  • The following resolution was adopted:
    RESOLVED by The Rector and Visitors of the University of Virginia that the Hospital Accounts Committee be and it is hereby authorized to charge off as uncollectible accounts schedules totaling $5,299,612.19, as recommended by it, consisting of the following:
        
    Bad debts  $4,537,857.71 
    Free Service to Counties and Cities  761,754.48 
    --------------- 
    Total  $5,299,612.19 

  • 1476

  • In adopting this resolution, it was noted that the $4,537,857.71 item under "bad debts" is a one time catchup figure extending over a period of three or more years, and it came about due to a change which recognizes the write-off of accounts as they are sent to collection agencies outside of the University.