Nevada has written off more than $106 million in bad debt since 2023

Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect. There were four businesses ...
Baton Rouge Business Report

How one state wrote off more than $106M in bad debt in two years

Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...
Business Wire

Insured Patients Account for More Than Half of Bad Debts Written off by Provider Organizations in 2023, According to Kodiak Solutions Analysis

INDIANAPOLIS--(BUSINESS WIRE)--Patients with some form of insurance coverage accounted for 53% of the estimated $17.4 billion that hospitals, health systems and medical practices wrote off as bad ...
Hosted on MSN

What does it mean if your bad debt is charged off?

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...