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Dr. Debt Collector

Credit Management Company

Hospitals and doctor's offices have always been concerned about getting payment from the uninsured, but now that patients with employer coverage bare a greater financial burden, providers are feeling more like debt collectors. The Root of the Problem. Changing the Ways Bills Are Processed.

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CFPB Debt Collection Rules: What You Need to Know

Credit Management Company

This rule limits how often a collector can contact a debtor while also establishing rules around social media and what information must be included in a voicemail. The act protects patients and makes it illegal for debt collectors to threaten consumers when trying to collect on medical accounts. Debt account number.

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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. Detailed Disclosures.

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Common Myths About Using a Collection Agency

Credit Management Company

Companies hire debt collection agencies to collect debts on their behalf. Sometimes, businesses may even sell their debt to collection agencies. In that case, those businesses no longer own the debt you’re paying. Regardless of why the debt collectors pursue the debt, the agency contacts you for a reason.

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How to Navigate Debt Collection During the Shift Toward Telehealth

Credit Management Company

However, it would be an understatement to say that it has especially affected the healthcare industry. At the beginning of the year, healthcare officials were not even sure masks would help protect the population. We’ll also discuss how you can navigate this shift as debt collectors. Let’s dive in.

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Finding A Collection Agency: Part 1 - The 5 First Steps

Credit Management Company

Are you worried that if you refer your customers to a debt collection agency you’ll lose control of your brand? If you’ve had negative experiences with debt collectors, you may think that asking someone else to handle your unpaid invoices is the wrong move. Look for a Debt Collection Agency in Your Industry.

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How to Spot a Scam Call

Credit Management Company

For some debt collectors, this can be a big problem. While collecting medical debt is not a scam, many collectors are unaware that they behave in a way that's similar to scams. If a debt collector operated the same way, their success rate would be very poor.