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CABARRUS COUNTY
<br /> ACCOUNTS RECEIVABLE-AMBULANCE
<br /> Fiscal Year Ended June 30,2017
<br /> Description FY13 FY14 FY15 FY16 FY17 Total
<br /> Billing
<br /> Charges,net of contractual allowances 5,392,797 5,087,519 5,623,877 6,727,260 71275,293 30,106,746
<br /> Collections
<br /> Payments, net of refunds (4,355,294) (3,916,750) (4,201,255) (4,568,823) (3,799,887) (20,842,009)
<br /> Accounts Receivable-Ambulance
<br /> Unpaid balances at June 30,2017 1,037,503 1,170,769 1,422,622 2,158,437 3,475,406 9,264,737
<br /> Proposed Write-off
<br /> Uncollectible,fiscal year 2013 (1,037,503)
<br /> Adjusted Accounts Receivable-Ambulance,June 30,2017 8,227,234
<br /> Prepared by:
<br /> Douglas E Brewer,Cabarrus County Finance Department
<br /> Notes:
<br /> Historical data show that the percentage of collectibility is about 57 percent in the year billed, 16 percent in the year following billing,one percent in the
<br /> second year following billing,and one percent in the third year following billing.Accounts are fully uncollectible in the fourth year following billing.The
<br /> County's third-party billing company, EMS Management&Consultants,typically writes-off an account balance when it is unpaid after approximately 90 days.
<br /> Cabarrus County Emergency Medical Services staff continue collection procedures,so the County does not consider amounts to be uncollectible at this time,thus
<br /> requiring the above analysis and adjustment.
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