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Learn how to structure financing transactions for healthcare providers to overcome anti-assignment and collection limitations on Medicare and Medicaid receivables with this practice note from Robinson & Cole LLP partner Leslie J. Levinson. Differentiate between how the Uniform Commercial Code generally prohibits restrictions on assignment, making it possible for secured lenders to obtain a perfected security interest in these assets, and how the Medicare and Medicaid anti-assignment provisions, with limited exceptions, prohibit anyone, except the healthcare provider, from receiving payments from federal government healthcare programs. Advise clients that, to comply with the anti-assignment provisions, a provider cannot assign its right to be paid to any other entity, including its lenders.
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