The federal government recognizes a liability under the Medicaid program when:

Question

Quizplus · Accepted Answer

Federal agencies also engage in many nonexchange transactions, wherein agencies promise to provide benefits pursuant to law or grant without directly receiving value in return, such as payments to health care providers under Medicaid. In that program, the agency recognizes a liability for any unpaid amounts as of the reporting date, including an estimate for services rendered by providers but not yet reported to the agency.

The Federal Government Recognizes a Liability Under the Medicaid Program