By Lisa Lohman, Unclaimed Funds Expert
If I told you your health system might have millions of dollars sitting in state, local, and federal coffers right now, money you have already earned but have not received, would you believe me?
Every year, hospitals and IDNs miss out on significant sums from Government-Issued Funds (GIFs). These are not hypothetical grants or “maybe someday” reimbursed. They are real dollars from care reimbursement, disaster aid, government subsidies, and other programs, just waiting to be recovered.
Why So Much Money Goes Unclaimed
GIFs are scattered across hundreds of programs and, in many cases, are never reported to a state’s Unclaimed Property (UCP) database. This means organizations have no automatic visibility to them, and at some point, those dollars will permanently expire.
Recovering these funds requires navigating a patchwork of reporting systems. Reports may come from every level of government such as state, county, city, and federal, and sometimes even from separate departments within a single state. In practice, that can mean combing through hundreds, even over a thousand, reports to identify funds tied to a single organization. Each agency has its own rules, deadlines, and documentation requirements, creating a constantly shifting landscape.
And the clock is always ticking… most GIFs have strict claim deadlines. If too much time passes, the opportunity to recover them is gone for good.
This Is Not Found Money, It Is Your Money
These funds originate from an organization’s own operations, from patient care, disaster response, or other qualifying activities. Without a dedicated, disciplined process to find and claim them, the funds remain idle and eventually disappear, instead of being put back into the system to support care and operations.
A Smarter Way to Capture Every Dollar
Successfully recovering GIFs means looking everywhere they might be, not just in obvious or well-known places. That includes combing through thousands of reports, cross-referencing multiple data points, and staying ahead of shifting rules and deadlines. Few organizations have the time or resources to take on that level of work while also focusing on their core mission.
That is where SpendMend comes in. We help hospitals and health systems uncover, recover, and protect every dollar in GIFs. Our experts combine deep experience with advanced analytics to identify opportunities others miss. From initial discovery to final payment, we manage the process so you can focus on patient care while we focus on results.
Our Proven Process Includes:
- Identification and Verification – SpendMend conducts comprehensive searches across over a thousand state and federal reports tied to your EINs, past names, and facilities.
- Recovery and Reconciliation – We handle the filing, follow-up, and payment reconciliation.
- Ongoing Monitoring – Continuous monitoring so nothing slips through the cracks in the future.
We routinely find six to seven figure recoveries for health systems who had no idea the funds were available.
Do Not Let It Slip Away
Budgets are tight, margins are thin, and every dollar matters. Recovering GIFs is one of the fastest, least disruptive ways to give your budget a boost. You have already earned the money. Now we can help make sure it comes back to you.