Account Recovery

JUNE 7, 2021

The governor of Nevada has signed a bill into law that will affect how medical debts are collected in the state. Under the law, any debt owed for good or services provided by a medical facility, a provider of healthcare, or a provider of emergency medical … The post Nevada Gov. The new law goes into effect on July 1.

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Account Recovery

OCTOBER 13, 2022

A healthcare provider and the collection agency working on the provider’s accounts are facing a class-action lawsuit alleging they violated a recently enacted state law in New Mexico by engaging in debt collection activities before verifying whether the incomes of those patients protected them from such activities.

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Collection Agencies Collections Agency Healthcare Collections 244

Account Recovery

FEBRUARY 26, 2021

A bill advanced in the Oklahoma state legislature yesterday that would prohibit healthcare providers from reporting unpaid debts to a credit reporting agency or placing them with a collection agency unless the patient was provided with a “good faith estimate” of the cost of the services prior to them being rendered.

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Account Recovery

JULY 21, 2023

In a time where the lines between healthcare and finance are increasingly blurred, one company is standing out: Collectly, a patient financial engagement software platform that announced yesterday it raised $29 million in Series A funding round led by Sapphire Ventures. million.

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Account Recovery

OCTOBER 11, 2023

A class-action lawsuit has been filed against a pair of healthcare providers, alleging they violated state law in California by sending confidential medical information to a third-party collection agency, which was subsequently publicized as a result of a data breach.

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Collection Agencies Collections Agency Healthcare Collections 147

Account Recovery

FEBRUARY 21, 2024

A healthcare provider in Colorado is facing public pressure and accusations that it is hiding itself from public scrutiny because collection lawsuits filed to recover debts owed by its patients are filed by collection agencies working on the provider’s behalf, thus keeping the provider’s name out of the legal spotlight, according to published (..)

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Account Recovery

NOVEMBER 30, 2023

A collection agency and a healthcare provider in Oregon are being sued by an individual who is seeking $2 million in punitive damages because the provider has not complied with state and federal laws regarding charity care and financial assistance and violating the Fair Debt Collection Practices Act.

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Healthcare Fair Debt Collection Collections Collection Agencies 130

Account Recovery

NOVEMBER 16, 2020

Healthcare providers are overhauling their patient collection operations, according to the results of a survey conducted by the Healthcare Financial Management Association, with 88% of the respondents saying COVID-19 has impacted their collections approach in some way and 18% saying the coronavirus has impacted their approach in every way.

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Account Recovery

NOVEMBER 23, 2021

From massively underestimating how much medical debt actually exists to hospitals and healthcare facilities across the country being called out for being too aggressive in trying to collect on unpaid debts — especially when the amounts collected are not significantly … The post The Racial Divide of Healthcare Debt appeared first on AccountsRecovery.net. (..)

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Account Recovery

JANUARY 24, 2024

Judge Denies Motion for Reconsideration in FDCPA Case Over Bank Levy Healthcare Providers Most Concerned with Timely Collections: Survey California DMV Facing RFDCPA Class Action 20 Companies Looking for Collection Talent WORTH NOTING: For all of you road warriors — the best carry-on luggage … Five takeaways from last night’s New (..)

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Account Recovery

NOVEMBER 30, 2023

Getting to Know Tracy Davis of Quanta Credit Services Judge Grants MTD in FDCPA Case Over Dismissed Collection Suit Suit Seeks $2M from Agency, Healthcare Provider Over Allegedly Illegal Collection Practices Why Most People Don’t Pay Their Healthcare Bills WORTH NOTING: If you’re getting your mail later than usual, you might want to blame Amazon (..)

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Account Recovery

AUGUST 22, 2022

Wakefield & Associates, a leading healthcare revenue cycle solutions company, announced today that Collect Rx has joined the Wakefield organization.

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Account Recovery

JANUARY 24, 2024

Collecting money from patients in a timely fashion is the biggest concern for revenue cycle managers, more important than managing insurance denials and hiring and training staff, according to the results of a nationwide survey that were released yesterday.

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Healthcare Collections 130

Account Recovery

NOVEMBER 30, 2023

Almost three-quarters of individuals can’t or don’t pay their healthcare bills immediately, and among those who wait, not having enough money to pay the bill is the biggest reason why, according to the results of a nationwide survey that were released earlier this week.

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Account Recovery

JUNE 8, 2021

Maryland Healthcare Collection Bill Becomes Law; Judge Partially Grants MSJ in FDCPA Case appeared first on AccountsRecovery.net.

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Account Recovery

MARCH 28, 2022

Thomas Donovan, the Attorney General of Vermont has reached a settlement with a healthcare provider that will require the provider to use a professional debt collection agency, while also being barred from collecting certain old debts and paying a fine of $10,000, half of which was suspended because it cooperated in the investigation.

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Account Recovery

MARCH 5, 2024

That is the dividing line between healthcare debts that are likely to be paid and those that are not, according to a report released last week. What’s interesting is that is also the demarcation line between debts that appear on consumers’ credit reports and those that do not. While debts under $500 are no […]

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Healthcare Collections 147

American Profit Recovery

APRIL 22, 2022

There is one simple fact that we know from handling debt collections for health care professionals across the country for many years. Healthcare offices that do not pay attention to proper billing and cash flow will have a challenge just like any other type of business. Medical collection agencies remove awkward conversations.

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Collection Agencies Collections Agency Healthcare Collections 194

Account Recovery

AUGUST 22, 2022

Judge Denies MTD in FDCPA Case; Consumers Paying More for Healthcare Leads to Lower Collection Rates appeared first on AccountsRecovery.net.

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Account Recovery

DECEMBER 13, 2021

Healthcare patients are still “clamoring” for more advances to improve billing and payment solutions, according to the results of an annual survey conducted by Cedar, a healthcare financial engagement platform.

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Healthcare Collections 245

Account Recovery

NOVEMBER 6, 2023

Man Pleads Guilty to Making Death Threats to Collection Agency via Automated Chatbot Healthcare Providers Reach $3.5M

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Collection Agencies Collections Agency Healthcare Collections 147

Account Recovery

JULY 21, 2023

Collector Sued for Sending Emails at Inconvenient Time Healthcare Collection Platform Collectly Raises $29M to Help Providers Recover More Judge Grants Partial MTD in FDCPA Case Over ID Theft Affidavit CFPB Report Spotlights Employer-Driven Debt Williams & Fudge Announces Acquisition of RGS Financial, Expanding its Market Presence and Strengthening (..)

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Account Recovery

FEBRUARY 9, 2021

A bill is moving through the legislature in Ohio that would halt the collection of all debts owed to any state college or university and any hospital operated by a college or university while also pausing the accrual of interest and collection fees on those debts. The bill was introduced by Rep.

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Student loans Student Loans Healthcare Loans 189

Account Recovery

OCTOBER 11, 2023

Judge Grants Sanctions Against Pro Se Plaintiff in FDCPA Case Healthcare Providers Sued for Sending Confidential Medical Info to Collection Agencies CFPB Sues Lender for Failing to Submit Accurate Data 26 Companies Seeking Collection Talent WORTH NOTING: Mary Lou Retton is fighting for her life after contracting a very rare form of pneumonia … (..)

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Collection Agencies Collections Agency Healthcare Collections 130

Account Recovery

OCTOBER 20, 2020

MORE AMERICANS ‘STRUGGLING’ TO PAY HEALTHCARE BILLS: SURVEY About 40% of Americans are having trouble managing their medical bills and have had at least one bill sent to collections, according to a survey conducted by U.S. News & World Report this month.

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Account Recovery

JANUARY 24, 2023

COMPLAINT ACCUSES COLLECTOR OF TRYING TO COLLECT ON SETTLED DEBT A complaint has been filed in federal court in Florida accusing a defendant of violating the Fair Debt Collection Practices Act by attempting to collect on a debt that had already been settled in a separate lawsuit against a different collection operation.

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Healthcare Fair Debt Collection Collections 130

Account Recovery

MARCH 8, 2024

Both houses in the Florida legislature this week have approved a bill that places limits on how healthcare debts can be collected while also setting a three-year limit on collecting unpaid medical debts. The bill is part of a package of six pieces of legislation and it passed unanimously in both the state House and […]

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Account Recovery

NOVEMBER 16, 2020

Collector Files Motion to Have Plaintiff’s Attorney Disqualified; How Healthcare Providers are Overhauling Collections appeared first on AccountsRecovery.net.

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Healthcare Fair Debt Collection Collections 246

American Profit Recovery

MARCH 10, 2021

If you are running any type of healthcare facility or medical practice, we know how hard you have worked to cultivate new patients. And it also includes the process of medical collections and how that patient is treated during times of financial hardship. Care and collections is a phrase all our staff know and understand here.

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Account Recovery

OCTOBER 20, 2020

About 40% of Americans are having trouble managing their medical bills and have had at least one bill sent to collections, according to a survey conducted by U.S. News & World Report this month.

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Account Recovery

OCTOBER 2, 2020

Healthcare providers are bracing for a seismic shift in where their money comes from, and collection agencies are likely to play a bigger role in a post-COVID-19 world, according to the results of a survey.

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Healthcare Collection Agencies Collections Agency Collections 195

Account Recovery

APRIL 18, 2023

More than 90% of consumers are paying their recurring bills online, and, if given the choice, nearly 60% of consumers would pay their medical bills using platforms like Zelle, PayPal, or Venmo, according to the results of a healthcare trends survey released recently by JPMorgan Chase.

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Account Recovery

FEBRUARY 27, 2024

A medical debt collection bill has advanced out of committee in the Oklahoma legislature and will now head to the full state house for its consideration. The bill would require healthcare providers or third-party debt collectors to include an itemized list of the charges when filing a collection lawsuit, among other requirements.

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Third-party Debt Collectors Collections Healthcare Debt collector 130

Account Recovery

JUNE 4, 2021

The Attorney General of Massachusetts has announced a settlement with a healthcare provider that will see the company pay $260,000 — including a civil penalty of $185,000 — after it was accused of failing to disclose to patients that it was not part of their insurance network and seeking to collect “unfairly high charges.”

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Healthcare Collections 195

Account Recovery

NOVEMBER 29, 2022

Leaving out something that is “so basic in the business world,” that is “arouses suspicions” why it was done in the first place, a plaintiff has filed a class-action lawsuit accusing a collector of violating the Fair Debt Collection Practices Act … The post Daily Digest – November 29. The post Daily Digest – November 29.

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Account Recovery

JUNE 9, 2023

About 20% of consumers have had medical bills sent to a collection agency in the past year, and many of them are not happy with their providers for doing that, according to the results of a nationwide survey. Nineteen percent of individuals in the United States have received collection notices from medical providers in the …

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Account Recovery

APRIL 11, 2022

If enacted, the process of identifying those … The post Maryland Legislature Advances Bill Requiring Refunds to Patients Who Were Eligible for Free Healthcare appeared first on AccountsRecovery.net.

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