Unclaimed Property Issues for the Healthcare Industry | McDermott

Unclaimed Property Issues for the Healthcare Industry

Overview


Healthcare organizations must pay close attention to factors that will complicate unclaimed property compliance and/or audit defense efforts. McDermott Will & Emery attorneys Eric D. Carstens and Diann Smith joined BDO for a webinar on unclaimed property issues facing the healthcare industry and how to mitigate risk.

Discussion topics include:

  • Long lookback periods
  • Record retention issues
  • Big data and netting patient balances
  • Banking relationship changes
  • Mergers and acquisitions
  • Addressing federal preemption with Medicare and Medicaid
  • Addressing other exemptions
  • Recent legal cases
  • Best practices

 

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