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Managing Credit Balance Risk in Your Unclaimed Property Process

Most health organizations complete some form of unclaimed property reporting. Often that reporting entails a review of aged checks which are then escheated to the state of operation. This webinar will shed light on some of the more intricate details of unclaimed property reporting and will address the appropriate application of unclaimed property exemptions. We will provide a plan to review your organization’s existing unclaimed property report processes and offer guidance about how to strengthen that process going forward. As a result of viewing this on-demand webinar, you should be able to:

  • Discuss the growing scrutiny of credit balances and how that relates to both CMS and unclaimed property audits
  • Recognize how internal processes should be developed to identify and resolve credit balances
  • Identify adjustment errors and statutory exemptions that should be excluded from unclaimed property reporting
  • Recognize that all aged liabilities should be reviewed for the entire organization

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Brian B. Sanderson
Managing Principal, Healthcare Services