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. 5: Improper contact or sharing of information.
Account Recovery
FEBRUARY 3, 2021
Hospitals across the country are using century-old lien laws to increase their revenue when treating victims of accidents, such as car crashes, by bypassing the discounts that are normally provided to health insurance companies, according to a report in The New York Times.
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Collection Industry News
JULY 12, 2021
A recent decision in the 3rd Circuit should prompt debt collectors to review their inclusion of viewable bar codes, QR codes or other technologies when sending debt collection letters. Preferred Collections and Management Services, Inc. , Preferred Collections and Management Services, Inc. , In the wake of Hunstein v.
Collection Industry News
AUGUST 18, 2020
[ NASDAQ:RCM ], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. The company has more than 19,000 employees and contracts with at least 750 healthcare organizations nationwide. Formerly known as Accretive Health Inc. Chicago-based R1 RCM brought in revenues of $1.18
True Accord
FEBRUARY 23, 2022
Conducted by OnePoll and commissioned by TrueAccord , a digital debt collection company, the study revealed 77% of respondents have lost an average of nine hours of sleep per week due to their financial woes. TOP 10 FINANCIAL REGRETS AMERICANS HAVE.
Collection Industry News
AUGUST 4, 2020
Matinzi turned to Better Call Behnken for help after receiving bills from a debt collection company that is threatening to send the debt to credit bureaus. Matinzi’s insurance company, Humana, has provided documentation that clearly shows the bills were paid in full by Humana. “Thank you so much.”. Article by Shannon Behnken.
Credit Management Company
FEBRUARY 19, 2019
Successfully collecting past-due accounts is a large source of revenue for organizations. For healthcare companies in particular, collecting from patients accounts for 88% more revenue than it did in the past. Improving collections, however, can require a significant amount of effort, persistence, and resources.
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