Account Recovery

DECEMBER 7, 2023

The Missouri-based collection agency has chosen Conversational Voice AI to address account penetration amidst staffing challenges. By adopting Skit.ai’s industry-leading solution […]

Collection Agencies 147

Collection Agencies Collections Agency Collections Healthcare 147

Account Recovery

DECEMBER 23, 2020

A class-action lawsuit has been filed against a debt collector, accusing it of making it look like the collector purchased debts from a healthcare provider when it had not done so and for violating a state collection law in Colorado. A copy of the complaint in the case of Zachary Waite and Cathy Wood-Sullivan v.

Collection Agencies 244

Collection Agencies Collections Agency Collections Healthcare 244

Account Recovery

FEBRUARY 21, 2024

A healthcare provider in Colorado is facing public pressure and accusations that it is hiding itself from public scrutiny because collection lawsuits filed to recover debts owed by its patients are filed by collection agencies working on the provider’s behalf, thus keeping the provider’s name out of the legal spotlight, according to published (..)

Healthcare 130

Healthcare Collection Agencies Collections Agency Collections 130

Account Recovery

MARCH 28, 2022

Thomas Donovan, the Attorney General of Vermont has reached a settlement with a healthcare provider that will require the provider to use a professional debt collection agency, while also being barred from collecting certain old debts and paying a fine of $10,000, half of which was suspended because it cooperated in the investigation.

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Healthcare Collection Agencies Collections Agency Collections 236

Account Recovery

MAY 23, 2023

A collection agency that collects healthcare debt has reported a data breach impacting the personal information of more than 345,000 consumers after uncovering that certain files were copied from its network. …

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Account Recovery

FEBRUARY 26, 2021

A bill advanced in the Oklahoma state legislature yesterday that would prohibit healthcare providers from reporting unpaid debts to a credit reporting agency or placing them with a collection agency unless the patient was provided with a “good faith estimate” of the cost of the services prior to them being rendered.

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Healthcare Collections Collection Agencies Collections Agency 211

Account Recovery

APRIL 4, 2024

A bill has been introduced in the Colorado legislature that would make it an unfair or deceptive trade practice for a debt collector or collection agency to take any legal action on a debt unless it has purchased complete ownership or the debt. The bill is an attempt to reform the hospital and healthcare industry […]

Healthcare 130

Healthcare Debt collector Collections Collection Agencies 130

Account Recovery

NOVEMBER 30, 2023

A collection agency and a healthcare provider in Oregon are being sued by an individual who is seeking $2 million in punitive damages because the provider has not complied with state and federal laws regarding charity care and financial assistance and violating the Fair Debt Collection Practices Act.

Healthcare 130

Healthcare Fair Debt Collection Collections Collection Agencies 130

Account Recovery

OCTOBER 2, 2020

Healthcare providers are bracing for a seismic shift in where their money comes from, and collection agencies are likely to play a bigger role in a post-COVID-19 world, according to the results of a survey.

Healthcare 195

Healthcare Collection Agencies Collections Agency Collections 195

Account Recovery

AUGUST 10, 2022

Months after filing a lawsuit accusing a hospital network of “aggressively” seeking to collect $70 million from individuals who were eligible for charity care, the Attorney General of Washington has expanded his lawsuit to include a pair of collection agencies that allegedly failed to inform individuals about their eligibility.

Collection Agencies 246

Collection Agencies Collections Agency Collections Healthcare 246

Account Recovery

SEPTEMBER 18, 2020

A District Court judge in Illinois has dismissed a whistleblower lawsuit filed against a healthcare provider, medical debt collection agency, and a medical billing company, alleging they engaged in a “ghost payroll” scheme that resulted in a larger Medicare payment from the federal government than the provider was entitled to.

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Account Recovery

FEBRUARY 17, 2023

Class Action Accuses Collector of Sending Multiple MVNs; Healthcare Co. Class Action Accuses Collector of Sending Multiple MVNs; Healthcare Co. Class Action Accuses Collector of Sending Multiple MVNs; Healthcare Co. to Pay $2.5M in Settlement with Mass. to Pay $2.5M in Settlement with Mass. to Pay $2.5M in Settlement with Mass.

Healthcare 130

Healthcare Fair Debt Collection Collection Agencies Collections Agency 130

American Profit Recovery

FEBRUARY 9, 2021

If your practice has been looking through a list of medical collection agencies in search of just the right fit, we want you to take a moment to read some of the tips that our experts here have come up with. It’s not enough to just call an agency and hand over your late accounts. Diplomacy is critical with healthcare debt.

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Collection Agencies Collections Agency Collections Debt collector 130

Nexa Collect

JULY 2, 2020

And, just like in other areas of the healthcare system, there can be uninsured individuals too that labs run testing for. Need a Collection Agency for your Lab: Contact us. Laboratory collection agencies will be familiar with the specific billing codes that laboratories use and be able to explain that to the patient.

Collection Agencies 130

Collection Agencies Collections Agency Collections Debt collector 130

Account Recovery

NOVEMBER 7, 2024

A class-action lawsuit has been filed this week against a collection agency after it was the victim of a ransomware attack and data breach. The plaintiffs are alleging that the defendant failed to take reasonable measures to protect the personal information that was entrusted to them by individuals and healthcare providers.

Healthcare 130

Healthcare Collection Agencies Collections Agency Collections 130

Account Recovery

SEPTEMBER 19, 2024

The healthcare industry is facing an alarming rise in medical debt, with private equity firms playing an increasingly dominant role. These firms have been instrumental in creating and collecting medical debt through strategic acquisitions of hospitals, health systems, and debt collection agencies.

Collections 130

Collections Healthcare Acquisition Collection Agencies 130

Account Recovery

JULY 31, 2024

A bill has been introduced in the House of Representatives that would establish minimum standards for federal financial eligibility programs, prohibit medical bill interest charges for people who are living below 250% of the federal poverty level and prohibit hospitals from sending debts owed by those individuals to collection agencies, and create (..)

Healthcare 130

Healthcare Collection Agencies Collections Agency Collections 130

Account Recovery

AUGUST 16, 2024

Of these, 360 are in immediate danger, which poses a significant threat to the accessibility of critical healthcare services for millions of Americans. What’s next: The Center for Healthcare Quality & Payment Reform suggests that a federal investment of $5 billion could prevent further closures.

Healthcare 130

Healthcare Collection Agencies Collections Agency Government 130

Account Recovery

AUGUST 16, 2024

Of these, 360 are in immediate danger, which poses a significant threat to the accessibility of critical healthcare services for millions of Americans. What’s next: The Center for Healthcare Quality & Payment Reform suggests that a federal investment of $5 billion could prevent further closures.

Healthcare 130

Healthcare Collection Agencies Collections Agency Government 130

Account Recovery

JUNE 9, 2023

About 20% of consumers have had medical bills sent to a collection agency in the past year, and many of them are not happy with their providers for doing that, according to the results of a nationwide survey. Nineteen percent of individuals in the United States have received collection notices from medical providers in the …

Healthcare 130

Healthcare Collections Collection Agencies Collections Agency 130

American Profit Recovery

MARCH 10, 2021

If you are running any type of healthcare facility or medical practice, we know how hard you have worked to cultivate new patients. Whether you are making internal collection calls for payment or hiring a medical collection agency, those that contact your patients should be having a cordial conversation with those people.

Healthcare 130

Healthcare Collections Collection Agencies Collections Agency 130

Account Recovery

NOVEMBER 8, 2024

When the debt went unpaid, it was assigned to a collection agency, which began reporting the debt to the credit reporting agencies. However, the Ninth Circuit vacated the summary judgment that had been granted in favor of the collection agency regarding the alleged FDCPA violations.

Fair Debt Collection 130

Fair Debt Collection Collection Agencies Collections Agency Judgment 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.

Collection Agencies 52

Collection Agencies Collections Agency Collections Healthcare 52

Account Recovery

MAY 9, 2023

A platform that aims to help healthcare providers recover more of their accounts receivable on their own — without needing to place the accounts with collection agencies — has raised $22 million in a Series B fundraising, with the plan to accelerate its growth.

Healthcare 130

Healthcare Collection Agencies Collections Agency Collections 130

Account Recovery

AUGUST 15, 2022

The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a whistleblower lawsuit filed against a collection agency that was accused of writing off bad debts owed to Medicare without undergoing reasonable collection efforts, while affirming the dismissal in favor of the healthcare provider and the billing company (..)

Collections 246

Collections Healthcare Collection Agencies Collections Agency 246

Account Recovery

MAY 25, 2022

A complaint has been filed in federal court in California accusing a number of healthcare providers and a collection agency of violating state law as well as the Fair Debt Collection Practices Act by attempting to collect on a debt that was incurred as a result of injuries suffered while the plaintiff was working and … The post Complaint Accuses (..)

Creditors 246

Creditors Fair Debt Collection Collections Healthcare 246

Account Recovery

MARCH 19, 2021

The Oklahoma Senate has passed a bill that would prohibit healthcare providers from reporting unpaid debts to a credit reporting agency or placing them with a collection agency unless the patient was provided with a “good faith estimate” of the cost of the services prior to them being rendered.

Collections 246

Collections Healthcare Collection Agencies Collections Agency 246

Nexa Collect

JUNE 18, 2023

Here are some points to consider regarding the impact of medical debt default on the patient’s credit scores: Reporting to Credit Bureaus : When a medical debt goes unpaid for an extended period, the healthcare provider may send the account to a collection agency. However, not all collection agencies will agree to this.

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Credit Counselor Healthcare Collection Agencies Collections Agency 130

Credit Management Company

FEBRUARY 22, 2022

Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. When people believe these myths about using a collection agency, they often run into trouble.

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Collection Agencies Collections Agency Collections Debt collector 52

Account Recovery

OCTOBER 9, 2023

A District Court judge in Illinois has denied a healthcare provider’s motion to dismiss a claim it violated the Illinois Consumer Fraud and Deceptive Business Practices Act (ICFA) and a collection agency’s motion to strike class allegations it violated the Fair Debt Collection Practices Act in a debt parking case on a medical debt.

Fair Debt Collection 130

Fair Debt Collection Healthcare Collection Agencies Collections Agency 130

Account Recovery

AUGUST 8, 2024

This move, backed by county supervisors, would require hospitals to report every time they initiate debt collection activities to the […]

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Account Recovery

JUNE 30, 2023

In what I imagine is a scenario that is all-too familiar inside collection agencies across the country, a District Court judge in Washington has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because it attempted to collect on an unpaid healthcare debt before it […] (..)

Fair Debt Collection 130

Fair Debt Collection Healthcare Collections Collection Agencies 130

Account Recovery

SEPTEMBER 10, 2024

About Finvi For 45 years, Finvi has been the premier provider of enterprise technologies that streamline and accelerate revenue recovery for clients across healthcare, accounts receivable management, and financial institutions. Visit Finvi to learn more.

Collections 130

Collections Healthcare Accounts Receivables Management Financial Institution 130

Credit Management Company

MARCH 8, 2022

Are you worried that if you refer your customers to a debt collection agency you’ll lose control of your brand? Here are the best steps to follow when looking for a collection agency to work with, from evaluating whether it’s the right move, to seeking quality referrals. A collection agency can help in those situations.

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Collection Agencies Collections Agency Collections Commercial Collection 52

Account Recovery

NOVEMBER 12, 2024

Unlike traditional collections agencies, we do not alienate debtors; instead, we strive to build bridges and facilitate resolutions that benefit both parties. Whether it’s healthcare AR management, commercial AR management, or insurance overpayment recovery, we excel in delivering results without compromising integrity.

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Debt Recovery Fair Debt Collection Debtor Healthcare 130

Nexa Collect

JANUARY 14, 2023

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. There are thousands of collection agencies in the USA, but most are small. The following changes can result in many collection agencies shutting their businesses. . New Regulations.

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Debt Recovery Government Collection Agencies Collections Agency 130

Credit Management Company

JUNE 4, 2019

Lack of payment from products and services already delivered can make it very difficult to continue doing business, so it's the responsibility of debt collection agencies to increase the flow of revenue so that you can meet payroll and fulfill your other financial obligations. Types of Businesses that Benefit from Debt Collection.

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Collection Agencies Collections Agency Collections Healthcare 60