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The New York State Department of Health has issued guidance summarizing changes to state laws and regulations that impact how hospitals in The Empire State will handle patient eligibility, collect on unpaid debts, and manage financial assistance applications, among other changes. Expanded Eligibility for Financial Assistance A new law in New York has increased the income threshold for financial assistance eligibility.
Economic downturns can place significant strain on both businesses and individuals, leading to widespread financial difficulties. During these challenging times, many debtors may struggle to make payments, leaving businesses to deal with a rising number of overdue debts. As financial health deteriorates, businesses must adopt a more flexible and empathetic approach to managing debt collection.
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!
How You Can Give Your Business a Second Chance Are you struggling with keeping up with your business’s costs? Bankruptcy might be the solution you need. Bankruptcy lawyers in Denver, CO can also help you with the process. However, understanding which chapter applies to your situation is important. Business bankruptcy allows businesses struggling with debt to have a renewed financial status.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Failing to manage accounts receivable can result in delayed payments, hindering the ability to pay bills, meet payroll, and reinvest in your business. For freelancers and small businesses especially, it is imperative to prioritize strategies that will help keep accounts receivable in check and improve cash flow to meet expenses. Boost the financial stability of your freelance or small business by mastering accounts receivable management for a proactive cash flow.
Collector Facing Class-Action for Failing to Disclose Availability of Charity Care Judge Dismisses FDCPA, FCRA Case Against CEO, But Rules Company Should be Named as Defendant CFPB Issues Guidance Over ‘Unchecked Surveillance’ of Workers N.Y. Dept. of Health Issues Guidance on Changes to Healthcare Payment Laws WORTH NOTING: A hack to help you get liquored up before your next flight … A test that reveals if you have what it takes to succeed … Why woman face a “success paradox&#
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Collector Facing Class-Action for Failing to Disclose Availability of Charity Care Judge Dismisses FDCPA, FCRA Case Against CEO, But Rules Company Should be Named as Defendant CFPB Issues Guidance Over ‘Unchecked Surveillance’ of Workers N.Y. Dept. of Health Issues Guidance on Changes to Healthcare Payment Laws WORTH NOTING: A hack to help you get liquored up before your next flight … A test that reveals if you have what it takes to succeed … Why woman face a “success paradox&#
A District Court judge in Virginia has ruled that the named defendant in a Fair Debt Collection Practices Act and Fair Credit Reporting Act case — the CEO of a finance company — should be dismissed, but declined to dismiss the case overall, ruling that the company itself is a necessary party to the lawsuit. The background: The plaintiff entered into an installment contract with to purchase HVAC-plumbing equipment for a home improvement project.
The Consumer Financial Protection Bureau is taking aim at employers using invasive technologies and third-party consumer reports to track and make decisions about workers. With new guidance issued yesterday, the CFPB warns that companies must comply with the Fair Credit Reporting Act when using such tools. The big picture: As employers increasingly deploy digital tracking tools and algorithmic decision-making systems, the CFPB is making it clear that workers have the right to consent, transparen
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