article thumbnail

Payment Platforms Lacking for Healthcare Providers: Survey

Account Recovery

Fewer than 60% of healthcare providers are satisfied with their current patient payment systems and 30% said their most recent implementations were not successful, according to the results of a survey by Bank of America and The Strawhecker Group.

article thumbnail

U.S. Bank Acquires Healthcare Payments Company Salucro

Account Recovery

Bank, a leading financial services provider, has announced the completion of its acquisition of Salucro Healthcare Solutions LLC, a Tempe, Arizona-based company specializing in healthcare financial technology. Bank reflects a growing trend of financial institutions investing in specialized healthcare fintech.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Daily Digest – January 24. Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy; Healthcare Providers Most Concerned with Timely Collections: Survey

Account Recovery

Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy Healthcare Providers Most Concerned with Timely Collections: Survey California DMV Facing RFDCPA Class Action 20 Companies Looking for Collection Talent WORTH NOTING: For all of you road warriors — the best carry-on luggage … Five takeaways from last night’s New (..)

article thumbnail

Compliance Digest – January 13

Account Recovery

HHS Issues Proposed Cybersecurity Rule to Amend HIPAA With more than 167 million individuals affected by healthcare data breaches in 2023 alone, the Department of Health and Human Services (HHS) is taking action to address increasing cyberattacks on healthcare systems.

article thumbnail

Doctor Pleads Guilty to Multi-Million Dollar Fraud That Included Suing Patients With Unpaid Debts

Account Recovery

It’s one thing to defraud healthcare insurers and Medicaid for millions of dollars, and to “loot” hundreds of thousands of dollars from banks under the Paycheck Protection Program, but did the guy have to initiate debt collection proceedings against the patients he was bilking, too?

article thumbnail

Beyond Coding: Using AI to Improve the Healthcare Revenue Cycle

True Accord

With all of its capabilities, AI has much more impressive and patient-facing applications when used to improve customer experience, especially in the healthcare industry which is increasingly digital-first and self-serve. But first: why is it necessary—and even urgent—to improve healthcare revenue management?

article thumbnail

Daily Digest – February 27. Suit Accuses Collector of Sending Texts After Plaintiff Filed for BK Protection; Appeals Court Affirms Dismissal of FDCPA Case

Account Recovery

Suit Accuses Collector of Sending Texts After Plaintiff Filed for BK Protection Appeals Court Affirms Dismissal of FDCPA Case Oklahoma Legislature Advances Medical Debt Collection Bill McHenry Reintroduces Bill to Create Innovation Offices Inside Banking Regulatory Agencies CAS Facilitates Seamless Sale of CCMR3 Healthcare Assets WORTH NOTING: Six (..)