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Article Details How Hospitals Are Using Lien Laws to Bill Accident Victims Instead of Their Insurance

Account Recovery

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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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

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.

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Survey: Consumers Talk Financial Regrets, Credit Scores and Debt

True Accord

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.

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In-House vs. Outsource - What Makes Sense for Your Collection Operation?

Credit Management Company

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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Top Complaints Of A Debt Collection Agency

Firms

Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections. FIRMS is a premier debt collection company that specializes in caring for our customers and making sure we always stand above the rest of the companies in the industry. out of 5 stars. FIRMS .

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Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Collection Industry News

[ 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

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3rd Circuit Ruling On Bar Codes Has Implications For Debt Collectors

Collection Industry News

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.