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

Nexa Collect

JUNE 18, 2023

A medical collection agency will send written demands and make persistent phone calls to your patients. Since debt collectors are on the phone all day long, they know every tactic to get paid. Since debt collectors are on the phone all day long, they know every tactic to get paid. Need a Medical Collection Agency?

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Account Recovery

SEPTEMBER 15, 2021

The California state Senate has followed the Assembly in passing AB1020, a bill that would restrict hospitals from selling certain patient debts, require collectors to certify that patients have been screened for public programs and financial assistance before filing a collection lawsuit, and extend the period before a debt could be placed with a collection (..)

Collections 234

Collections Debt Buying Healthcare 234

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. * *.

Collection Agencies 40

Collection Agencies Collections Agency Credit Unions Credit Unions 40

Collection Industry News

AUGUST 9, 2021

SIMM”), a full-service ARM and BPO Customer Care call center that provides third party collections, first party (pre-default) collections, probate collection solutions and customer engagement/telesales, celebrated its 30th year of operation this month. Newark, DE – Jul 28, 2021 – SIMM Associates, Inc.

Credit Unions 40

Credit Unions Credit Unions Law Firms Debt Buying 40

Troutman Sanders

OCTOBER 19, 2021

On October 15, the Department of Education announced that it has awarded contracts to six different companies that will be responsible for servicing and collecting federal student loans. These FAQs are a Compliance Aid designed to help collection agencies comply with Reg F, which goes into effect on November 30, 2021.

Financial services 52

Financial services Student Loans Student loans Debt collector 52