Account Recovery

JUNE 29, 2021

A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state.

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Account Recovery

JULY 27, 2021

A hearing is scheduled for this afternoon in before a federal judge in Nevada courtroom attorneys representing a dozen collection agencies and ACA International will seek to obtain a temporary restraining order blocking legislation that governs how medical debts are collected in the state. The law went into effect on July 1.

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Nexa Collect

APRIL 27, 2022

We all agree that healthcare costs in the USA are extremely high. Most doctors (and dentists) who do private practice, struggle to cope with never-ending government regulations and mandates, a constant fear of frivolous lawsuits, dealing with insurance companies, and loss due to unpaid patient bills.

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Credit Management Company

JUNE 25, 2021

Pittsburgh, PA - Credit Management Company is proud to announce it was recently selected as one of the 2021 Best Places to Work in Collections. This survey and award program was designed to identify, recognize and honor the best places of employment in the Collections industry. This year, 56 companies met the standard to be selected.

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Credit Management Company

DECEMBER 20, 2018

Patient collections can be a challenge any time of the year, but are particularly stressful during the Holiday season. Some collection agencies make the mistake of pausing collection efforts during this time of the year to avoid increasing tension between the healthcare provider and the patient. Timing is Everything.

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Account Recovery

SEPTEMBER 21, 2021

When the federal government declares the COVID-19 public health emergency to finally be over, as many as 15 million individuals could lose their health insurance coverage through Medicaid, according to a new study, which would likely result in a lot more medical debt to be collected for the accounts receivable management industry.

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Credit Management Company

MAY 17, 2022

According to a 2022 Consumer Financial Protection Bureau report, 58% of all third-party debt collection is made up of medical debt. Maintaining best practices for resolving accounts can lead to a positive and supportive experience for consumers, and effective management of debt accounts for healthcare providers. Make policies public.

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Better Credit Blog

FEBRUARY 18, 2021

Failing to pay your bills will cause the debt to move to collections. This means that your original creditor has officially handed the account over to a collection agency that will hound you for payments. One such debt collector that you may hear from is called FirstPoint Collections. About FirstPoint Collections.

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Account Recovery

JULY 31, 2024

The federal government has signed off on a plan floated by the governor of North Carolina that would offer incentives to hospitals in the Tar Heel State in exchange for forgiving unpaid medical debts for low- and middle-income residents. Now, North Carolina Gov. Roy Cooper, who was on the shortlist of potential running mates for […]

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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. How do you mitigate this?

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Better Credit Blog

JULY 7, 2020

Is Bonneville Collections bringing you down? The agency could also be contacting you by mistake, which can be exceptionally frustrating as debt collection agencies are notorious for their repeated phone calls. Read on to learn more about how Bonneville Collections works and what you can do to get them off your credit report.

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Credit Management Company

MARCH 23, 2021

More and more healthcare professionals are wrestling with this decision and many other questions regarding outsourcing their revenue cycle management. As healthcare organizations look to a post-pandemic world, the ability to enhance cash flow grows in importance. Do They Have Healthcare Experience? Statistics from 2020.

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Credit Management Company

FEBRUARY 9, 2021

Everything—how children learn, how many of us are performing our jobs and how we can receive healthcare—has to some degree, moved online. This proposed legislation also looks at ways to expand the use of technology in healthcare. Contact Us For Your Debt Collection Needs.

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Credit Management Company

MAY 19, 2021

Credit Management Company (CMC) has been providing full-service accounts receivable management solutions to the healthcare market for over 55 years. Each program is customized to meet your needs, incorporating the client’s policies and approach to collecting from your patient population. About Credit Management Company.

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Collection Industry News

JUNE 28, 2022

The state will provide local government with the equivalent amount of revenue, estimated at $439 million, so that there will be no impact on local transportation funding projects,” H.D. Under the new budget, state leaders also noted that “California will become the first state to achievement universal access to healthcare coverage.”.

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Credits Inc

APRIL 17, 2019

If you've been unsuccessful in collecting the funds, it may be a more effective use of your time to hire an. account receivable collections. agency to focus on collecting the past-due fees for you. In 2016, debt collection agencies were able to recover roughly $78.5 Another 16% of debts collected were government-related.

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Debt Collection Answers

MAY 18, 2023

ARS National Services is a reputable debt collection agency. The Fair Debt Collection Practices Act (FDCPA) and other laws provide you with rights and protections that you can use to fight back against such behavior. What is Associated Recovery System Collection? stars and numerous negative reviews.

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Nexa Collect

MAY 21, 2021

Health care providers, health plans such as insurers and HMOs, healthcare clearing-houses and any business entities using and disclosing “ individually identifiable health information ” during claims processing, billing, data analysis, and other operations, are governed by the HIPAA Privacy Rule. Contact us. HIPAA Rules.

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Katabat

AUGUST 29, 2023

“We look forward to helping Harmoney improve its collections efficiency, with smarter, more-effective strategies, increase customer satisfaction with personalized treatment strategies, and ultimately, collect more,” said Tim O’Brien, Chief Executive Officer at Finvi. “By

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Debt RR

SEPTEMBER 9, 2020

Collecting debts is time-consuming, especially if the debtor refuses to cooperate. Due to the frustration they encounter when collecting debts, they may resort to outsourcing the debt collection process to a collection agency for small businesses. How Small Businesses Proceed with Collections.

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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.

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National Service Bureau

APRIL 15, 2015

Last week we wrote about 2014 CFPB complaints against debt collection agencies. Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections. Credit card collections again led the way with 1,660 complaints. 5: Improper contact or sharing of information. And finally ….

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Burr Forman

DECEMBER 1, 2020

It is increasingly important for mobile app developers to ensure their products comply with all governing state and federal laws, and it is critical to understand which business changes might place your product under a different legal framework. Reprinted with permission from the Nashville Medical News. billion market by 2026.

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Debt Free Colorado

JANUARY 20, 2024

Quick Summary: Healthcare-related debts such as medical bills become dischargeable through bankruptcy (Chapter 7 and 13). You can also seek guidance from credit counseling agencies, medical billing advocates, and government assistance. It can provide potential relief for individuals overwhelmed by healthcare-related debts.

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Collection Industry News

OCTOBER 25, 2021

Whether you learn about this before those bills wind up in debt collections is another matter. residents with a credit record has medical debt in collections, according to the nonprofit Urban Institute. The post 1-in-7 Americans With A Credit Record Has Medical Debt In Collections appeared first on Collection Industry News.

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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.

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National Service Bureau

MARCH 29, 2015

The collections industry can get a bad rap in the news sometimes. Collection agencies fill an important and necessary role in all sorts of industries - the trick is to find a collection agency that works for you. Just as there are many types of debts, there are many rules governing how those debts are collected.

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The Kaplan Group

APRIL 8, 2020

With new customers make sure to collect a substantial deposit or full payment in advance, especially if they don’t provide you documentation to show they can pay their bills. If the government is waiving interest and penalties on various taxes, hold on to that money to pay your bills and employees and pay your taxes later.

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Troutman Sanders

AUGUST 23, 2023

In the complaint, the AGs alleged the defendants “initiated millions of [r]obocalls[] advertising various goods and services, including healthcare products” to residential and/or cellular telephone numbers without obtaining consumers’ prior express consent.

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Collection Industry News

FEBRUARY 1, 2023

A new CFPB report estimates that medical collections tradelines declined by 37 percent between 2018 and 2022. Market Snapshot: An Update on Third-Party Debt Collections Tradelines Reporting” also found that medical debt constitutes a majority (57 percent) of all collections on credit reports.

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ABI

JANUARY 26, 2023

5)] universally applicable to similarly situated entities; and [(6)] whether granting priority status to the government will disadvantage private creditors with like claims. [12] citing In re United Healthcare Sys. 3] The IRS filed a proof of claim against the Debtors for unpaid taxes and interest, including a $927.00 Inc. , 675 F.2d

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Receivables Control

APRIL 24, 2020

Collections: Selling on open terms requires follow up with customers that are past due. Business Environment: Recently, government aid and assistance was codified and transfers have begun. We are grateful to the healthcare professionals and first responders for their efforts to protect us and bring us back to health.

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UK debt collections

JULY 28, 2023

More than £679m owed to home care providers in England has been outstanding for more than 30 days, the IHSCM estimates, of which £567m relates to delayed payments by local authorities and £112m is to do with delayed payments from NHS integrated care boards for continuing healthcare services. There is no possible excuse for this.”

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Turbo Recovery

JANUARY 17, 2017

The thought of chasing customers to collect the money you’re owed probably isn’t the first thought on your mind when operating a business. At Point Law, we specialize in commercial , government , and healthcare debt collections and we’re here to provide solutions to collect your unpaid invoices.

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Better Credit Blog

OCTOBER 5, 2020

Has your credit score recently taken a dive as a result of a collections entry from Penn Credit? It’s been in the business of collecting on consumer debts since 1987. The company has around 200 employees on staff and collected $19 million of debt in 2019 alone. Penn collection agency. Harrisburg, PA 17110.

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Collection Industry News

FEBRUARY 1, 2022

We aren’t aware of medical debt at other health systems the way we are with UPMC workers,” said Matthew Yarnell, president of SEIU Healthcare PA, which has organized workers at hospitals across the country, including nurses at West Penn Hospital in Pittsburgh. Bosco, of NCLC, a nonprofit with offices in Washington, D.C., Payton makes $19.04

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Better Credit Blog

AUGUST 7, 2020

When a debt collection agency contacts you, it also does damage to your credit score. And you may not have to pay the collections agency a dime in the process. Founded and headquartered in Gahanna, Ohio, the mid-sized agency has been profiting off of consumer debt collections across the United States since 2006. Rcs collections.

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