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UNIVERSITY OF VIRGINIA
BOARD OF VISITORS EXECUTIVE SUMMARY
FINANCE COMMITTEE


Medical Center Report on Write-Off of Bad Debts and Indigent Care


(Per February 6, 1993, Board of Visitors resolution granting the Executive Vice President and Chief Financial Officer authorization to approve the write-off of bad debts and free service for the Medical Center)


INDIGENT CARE:

Indigent care charges totaling $14.2 million for the period September 1, 1998, through November 31, 1998, have been written off. For the five months of the current fiscal year, $23.9 million has been written off. Recoveries during this period amounted to $2.4 million, or ten percent of the amount written off, and occurred primarily through Medicaid payments.

The cost of indigent care in Fiscal Year 1997-98 amounted to $39.1 million. The cost of indigent care for Fiscal Year 1998-99 is estimated to be $35.2 million, of which $35.1 million, or 100 percent, will be funded through the Medicaid special disproportionate share payments.

BAD DEBT:

Bad debt charges totaling $6.7 million for the period September 1, 1998, through November 30, 1998, have been written off. Total write-offs for the first five months of Fiscal Year 1997-98 amounted to $11.3 million. During this same period, $3.6 million was recovered through suits, collection agencies and Virginia refund set-off.


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