Overview of What You Will Learn
Have you thought about how Unclaimed Property may be impacting your bottom line?
When you think about unclaimed property, you often see it from the point of view of your obligation to escheat unclaimed assets to the jurisdiction of the rightful party.
Despite having escheated many assets, your healthcare system is very likely overlooking the assets that are owed back to you. These assets can result in significant dollars. (And it’s always more than you think)
The process for identifying and recovering this lost revenue is more complex than you can imagine. The dollars branch out across 50 or more jurisdictions, all governed by unique rules and regulations. The reclamation process is not fast, easy, or simple and there are many common, costly mistakes that you need to be careful to avoid.
It’s unfortunate and unfair, but oftentimes hospitals and health systems get it wrong, and their rightful money goes uncollected.
Join our expert presenter, Paul Losiewicz – a pioneer in the development of Asset Recovery solutions in the healthcare industry – for a deep-dive review of asset recovery and unclaimed property in healthcare.
Attendees of this webinar will gain expert insights on the following:
- Definition and importance of asset recovery/unclaimed property in healthcare organizations
- Legal requirements and regulations surrounding asset recovery.
- Three common misconceptions about asset recovery
- Common pitfalls of DIY asset recovery
- Best practices for successful asset recovery
Don’t miss this opportunity to learn from an industry expert and discover how your hospital or healthcare system can successfully manage asset recovery and drive significant dollars back to your organization.
Watch the Webinar
About the Speakers
Paul Losiewicz leads the Asset Recovery and Unclaimed Property practice at SpendMend. Paul has served in leadership roles at multiple leading firms in the Profit Recovery industry. For several decades, he has been a pioneer in the development of Asset Recovery solutions for large organizations across several industries including healthcare.
Tom has over 20 years of experience serving the Procure-to-Pay (P2P) community with expertise in the Recovery Audit Industry. Prior to his time with SpendMend, Tom founded two technology firms in the P2P space. In 2021, Tom was recognized as a 7X “Pro-to-Know” in Supply Chain by SDCE Magazine. In 2020, Tom was named a “Top 100 Influencer in Accounts Payable” by the APA.