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First Class-Action Suit, post-Hunstein, Filed in N.Y. Federal Court

Account Recovery

Preferred Collection and Management Services, a class-action lawsuit has been filed in New York federal court accusing a debt collector of violating Section 1692c(b) and 1692f of the Fair Debt Collection Practices Act … The post First Class-Action Suit, post-Hunstein, Filed in N.Y.

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Debt Collectors Warned: CFPB and IHS Crack Down on Improper Medical Billing Practices

Account Recovery

The big picture: The Consumer Financial Protection Bureau and Indian Health Service issued new guidance last week emphasizing the responsibilities of medical providers, billers, and debt collectors under the Indian Health Care Improvement Act (IHCIA), the Fair Debt Collection Practices Act, and the Fair Credit Reporting Act.

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How a Medical Collection Agency works?

Nexa Collect

Since debt collectors are on the phone all day long, they know every tactic to get paid. The cost of collection agencies depends on whether you select their Fixed-fee or Contingency-fee service. There are also state laws that can affect the process of medical debt collection.

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Important Updates to the Fair Debt Collection Practices Act

Credit Management Company

Even before the pandemic hit, healthcare providers have known the importance of being respectful when contacting patients about outstanding bills. Now, there are additional steps you must add to your debt collection practices. Now, there are additional steps you must add to your debt collection practices.

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Compliance Digest – November 11

Account Recovery

The Court aptly wiped out the consumer debt collector licensing theory with this great line—“It goes without saying that a large insurance company like UHC isn’t a ‘natural person’ and that, therefore, its debts aren’t ‘consumer debts’ under this law.” More details here.

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How To Remove Healthcare Revenue Recovery Group (HRRG) From Your Credit Report

Better Credit Blog

While it may have only been caused by a simple mistake, debt in collections can have harsh consequences on your credit score and your everyday life. If you’re being contacted by Healthcare Revenue Recovery Group and aren’t sure how to proceed, take a deep breath and relax. What Is Healthcare Revenue Recovery Group?

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Laboratory Collection Agency: Patient AR-Billing Solutions

Nexa Collect

And, just like in other areas of the healthcare system, there can be uninsured individuals too that labs run testing for. Written Notices sent by a Collection Agency. Upfront cost for 5 Collection Demands is about $18 per account. Collection Calls made by a Professional Debt Collector. Low-cost option.