Account Recovery

SEPTEMBER 10, 2024

Velosidy is driving innovative changes for our Early Adopters, and we’re excited for the transformative impact our new SaaS platform will have on the greater collections industry,” said Tim O’Brien, Finvi CEO. Velosidy represents an exciting new chapter for Finvi and our valued clients.

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Collections Healthcare Accounts Receivables Management Financial Institution 130

Account Recovery

SEPTEMBER 9, 2024

Gabe Vasquez, a Democrat from New Mexico, introduced a bill in Congress that would, among other provisions, prohibit hospitals from sending unpaid medical debt accounts to collection agencies unless certain circumstances are met. In order to be able to send unpaid debts to collection agencies, hospitals would: Rep.

Accounts Receivables Management 130

Accounts Receivables Management Healthcare Collection Agencies Collections Agency 130

Credits Inc

JULY 25, 2019

Your finances are no joke, which is why an accounts receivable management company may be the thing you need to take your business to the next level. accounts receivable management company. Hire a collection agency and your invoices will always go out on time. hospitals and healthcare providers.

Accounts Receivables Management 40

Accounts Receivables Management Collection Agencies Collections Agency Credit Unions 40

Credit Management Company

APRIL 19, 2022

To increase billing transparency and streamline payment plans, many healthcare facilities turn to third-party companies to complete post-discharge calls. Collaborating with a third-party accounts receivable management company can make the process of setting up a payment plan and collecting on bills less challenging.

Healthcare 52

Healthcare Accounts Receivables Management Debt Recovery Collections 52

Account Recovery

SEPTEMBER 11, 2023

In what could become a difficult situation for companies in the accounts receivable management industry, a growing number of state legislators are actively seeking to address the problem and create their own versions of […]

Accounts Receivables Management 130

Accounts Receivables Management Healthcare Collections 130

The Kaplan Group

MARCH 18, 2025

A new study, based on an exclusive survey by The Kaplan Group , provides a comprehensive analysis of payment collection challenges, focusing on companies affected by high and very high Days Sales Outstanding (DSO). This suggests that as companies grow larger, their credit and collection challenges increase.

Manufacturing 52

Manufacturing Healthcare Accounts Receivables Management Collections 52

National Service Bureau

JULY 2, 2014

Now that you know how to choose the right healthcare collection agency for your practice, and you understand when to send delinquent patient accounts out for collection , now it’s time to make sure your collections partner is doing their job while also delivering the results they promised.

Healthcare 40

Healthcare Collections Collection Agencies Collections Agency 40

PDC Flow

FEBRUARY 16, 2021

However, between compliance, staff training and other back end concerns, it can be hard to watch for all the roadblocks your agents experience during payment collection. Extended business office services are most commonly used among healthcare practices. How EBOs help healthcare organizations collect past due payments.

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Collections Accounts Receivables Management Healthcare 65

National Service Bureau

JUNE 26, 2014

Analyzing a healthcare collection agency is not a simple task. This is especially true if you are a small to mid-size healthcare facility and are unfamiliar with how collection agencies operate. What is your overall collections philosophy and what are your methods? Who will I be paying to represent my facility?

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Collection Agencies Collections Agency Healthcare Collections 40

Account Recovery

SEPTEMBER 23, 2024

Gabe Vasquez, a Democrat from New Mexico, introduced a bill in Congress that would, among other provisions, prohibit hospitals from sending unpaid medical debt accounts to collection agencies unless certain circumstances are met. More details here.

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Debt collector Accounts Receivables Management Debtor Bankruptcy 130

Credit Management Company

FEBRUARY 8, 2022

Perhaps you need to consider working with a collection agency. Read on to learn how to hire a collection agency that will serve your best interest and protect your good reputation. Menacing threats and middle-of-the-night phone calls are not the methods top debt collection agencies use. Evaluate Their Customer Service.

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Collection Agencies Collections Agency Collections Healthcare 52

Credit Management Company

MAY 19, 2021

Credit Management Company (CMC) has been providing full-service accounts receivable management solutions to the healthcare market for over 55 years. Each program is customized to meet your needs, incorporating the client’s policies and approach to collecting from your patient population.

Credit Management 52

Credit Management Healthcare Accounts Receivables Management Education 52

National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 4: False statements or representation.

Collection Companies 40

Collection Companies Collections Collection Agent Collection Agencies 40

Credit Management Company

SEPTEMBER 23, 2021

The data that was collected focused primarily on health issues. The amount of data that’s collected in every industry—including healthcare—keeps growing. It’s estimated in 2013 there were about 153 exabytes of healthcare data generated that year and the number was projected to reach 2,314 exabytes in 2020.

Healthcare 52

Healthcare Accounts Receivables Management Collections 52

Credit Management Company

JUNE 15, 2021

Predictive Analytics in Healthcare. Here are two examples of how this is being used on the patient-side of healthcare. Thanks to predictive analytics, a charity score can be generated, that can then be used to write-off an amount before it would be sent to bad debt, and go through the costly collection process.

Healthcare 52

Healthcare Accounts Receivables Management Education Collections 52

Katabat

AUGUST 29, 2023

“We look forward to helping Harmoney improve its collections efficiency, with smarter, more-effective strategies, increase customer satisfaction with personalized treatment strategies, and ultimately, collect more,” said Tim O’Brien, Chief Executive Officer at Finvi. “By

Loans 52

Loans Accounts Receivables Management Financial Institution Personal loans 52

Recoverity

JULY 14, 2016

SIMM is a full service nationally licensed ARM company providing collection solutions to the student lending, consumer lending, credit/retail card, healthcare, auto finance, credit union and debt buying industries. Our Collection & Recovery Philosophy. Find The Best Collection Agency For Your Business. * *.

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Collection Agencies Collections Agency Credit Unions Credit Unions 40

True Accord

JULY 13, 2023

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations and preferences when attempting to collect and employing digital strategies to boost engagement are more important than ever. What’s Impacting Consumers and the Industry? NPAS, Inc., to establish a concrete injury.

Financial Institution 78

Financial Institution Student loans Student Loans Loans 78

Credit Management Company

JUNE 2, 2021

Every hospital has data on which patients opt-in for email messages for scheduling appointments and receiving test results. That gives you a starting point to determine if a person agrees to receive information from their healthcare provider electronically. You should also know which patients use your self-service portal.

Accounts Receivables Management 52

Accounts Receivables Management Healthcare Collections 52

Better Credit Blog

AUGUST 31, 2020

Estimates suggest that close to one-third of Americans have debt in collections. Even a single entry from a collections agency can do damage to your credit score for several years. Read on for a quick guide to dealing with the collections agency and getting it deleted from your report. The good news? What Is PMAB LLC?

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Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

Credit Management Company

MAY 4, 2021

Nothing upsets a person more than receiving a bill they don’t understand. While someone inside a healthcare organization may know the meaning of billing codes, the average person does not. This is just one way to turn outstanding accounts receivables into cash as quickly as possible. Explain the charges.

Accounts Receivables Management 52

Accounts Receivables Management Healthcare Credit Management Collections 52

Account Recovery

NOVEMBER 11, 2024

The Accounts Receivable Management and Revenue Cycle Management sectors are navigating significant headwinds that are reshaping how debts are collected heading into the final weeks of 2024, according to a report released recently by Corporate Advisory Solutions. Learn more.

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Student loans Student Loans Healthcare Accounts Receivables Management 162

Account Recovery

JANUARY 22, 2025

A new president and a new Congress provides a good opportunity to look back on the past four years and assess the legacy and impact of the Biden administration on the credit and collection industry. AccountsRecovery asked a number of industry professionals to share their thoughts on how the Biden administration impacted collections.

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Collections Financial services Accounts Receivables Management Student Loans 243