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A comment on No One Goes There Anymore. Parent comment

Re:No One Goes There Anymore by dhimes on Sunday May 17, 2020 @12:24PM (#23213008)
Makes me think they can write it off their taxes as "uncollectable."
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Re:No One Goes There Anymore by rhino369 on Sunday May 17, 2020 @02:41PM (#23214177)
Yes, but they also had to add 50k of uncollectable revenue. So its not really doing anything for them for their taxes.

It's mostly a game played between insurance provider and medical provider. They ask for 50k--knowing it the insurance is going to low ball them.

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Re:No One Goes There Anymore by ncmncm on Monday May 18, 2020 @03:48AM (#23219513)
If they write off $39k, that counts against $39k in other income they actually get that they then don't have to pay taxes on.
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