Bad Debt Recovery

Bad Debt Recovery

Partial or whole payment of a debt previously thought to be uncollectible. For example, if a credit card has been written off but then the credit card company receives a payment, this is considered bad debt recovery. This reduces a company's accounts receivable and generally increases income. Bad debt recovery may come from the receipt of a regular payment or from some other source, such as the sale of a loan's collateral.
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Its services include early-out, bad debt recovery, pre-certification, pre-service, insurance follow-up and cleanup work for legacy systems.
The minister said that it has overcome 'legacy issues' in the banking sector and added that bad debt recovery is expected to rise nearly 2.5 times to INR1.8tn this fiscal year.
There is surprisingly very little research that explores the performance of computational intelligence and soft computing methods in improving bad debt recovery in the healthcare industry.
Pre-tax profit fell from PS8.4m in 2011 to PS6.3m including PS1.5m of exceptional income from bad debt recovery. Net cash increased from PS6.9m at the end of March this year to PS10.4m.
Another indicator is evidenced by reviewing how tree the collection agency bad debt recovery rate correlates to the calculated initial resident screening risk score.
'This decision has now clarified the date from when the period will run during which bad debt recovery claims can be made.
The models can be designed for prioritizing bad debt recovery collection efforts, and determining the expected value of bad debt to facilitate the purchase or sale of bad debt.
Thereafter, any amount received by the mortgagee for the original indebtedness or the acquired property is treated as a bad debt recovery.
We recently announced that we are expecting to see an expansion of our accessories, parts and service business over the next two quarters as well as lower expenses and significant bad debt recovery. All of which, when added together, should significantly contribute to our Adjusted EBITDA breakeven goal, added Mr.
The keynote paper of this issue "An Adaptive Neuro-fuzzy System with Semi-supervised Learning as an Approach to Improving Data Classification--An Illustration of Bad Debt Recovery in Healthcare" examines the effectiveness of a semi-supervised learning approach to classify unlabeled data to improve classification accuracy rates related to bad debt in a healthcare context.
Capstone had bad debt recovery of $1.5 million during each of fiscal 2017 and 2016 primarily from BPC Engineering, one of our Russian distributors.
In the first quarter of 2016, there was income from discontinued operations of $7.8 million, or $0.13 per diluted share which includes $7.6 million of bad debt recovery and $3.2 million of collected default interest partially offset by the associated tax expense of $3.0 million.