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Bill Introduced in Colorado to Ban Collectors From Being Plaintiffs in Healthcare Collection Lawsuits Unless They Own the Debt

Account Recovery

A bill has been introduced in the Colorado legislature that would make it an unfair or deceptive trade practice for a debt collector or collection agency to take any legal action on a debt unless it has purchased complete ownership or the debt.

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How a Medical Collection Agency works?

Nexa Collect

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.

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Class-Action Suit Filed Against Collection Agency

Account Recovery

A class-action lawsuit has been filed against a debt collector, accusing it of making it look like the collector purchased debts from a healthcare provider when it had not done so and for violating a state collection law in Colorado.

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How to choose a medical debt collection agency

American Profit Recovery

If your practice has been looking through a list of medical collection agencies in search of just the right fit, we want you to take a moment to read some of the tips that our experts here have come up with. It’s not enough to just call an agency and hand over your late accounts. Diplomacy is critical with healthcare debt.

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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. Need a Collection Agency for your Lab: Contact us. Laboratory collection agencies will be familiar with the specific billing codes that laboratories use and be able to explain that to the patient.

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Common Myths About Using a Collection Agency

Credit Management Company

The average American has over $90,000 of debt , and many struggle to manage this number. 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.

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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Extra costs to comply with these laws would be passed on to businesses /creditors, who are already unwilling to pay the current costs associated with hiring a professional debt collector.