BNPL Healthcare Startup Raises $110M to Expand

Account Recovery

A company that bills itself as a Buy Now, Pay Later service for the healthcare industry has announced that it has raised $110 million in Series A financing to help it add more staff and expand into new territories across the United States. Healthcare Technology Buy Now Pay Later Walnut

The Racial Divide of Healthcare Debt

Account Recovery

Healthcare Healthcare Billing & Collection PracticesThere is nobody who will disagree that there are problems with medical debt across America.

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Maryland Healthcare Collection Bill Becomes Law

Account Recovery

Compliance Healthcare HB565 Healthcare Legislation Maryland Medical Debt Collection SB514 State Action

Too Many Consumers Still Unsatisfied With Healthcare Billing: Report

Account Recovery

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. Healthcare Cedar Healthcare Billing & Collection Practices

Data Details Disturbing Trend For Healthcare Providers

Account Recovery

The comparison is meant to illustrate just how far medical providers still have to go in providing a robust and … The post Data Details Disturbing Trend For Healthcare Providers appeared first on AccountsRecovery.net. Healthcare Patient Financial Experiencce

Out-of-Pocket Healthcare Expenses Keep Rising for Patients

Account Recovery

To the surprise of probably nobody, the amount of out-of-pocket healthcare expenses placed on patients continued to rise, and will continue to do so at the same rate for at least the next five years, according to data that was released last week. Healthcare Healthcare Affordability

Okla. Senate Committee Passes Healthcare Collection Bill

Account Recovery

Senate Committee Passes Healthcare Collection Bill appeared first on AccountsRecovery.net. Compliance Healthcare Healthcare Pricing Medical Debt Collection Oklahoma State Issue

Healthcare Costs Cause Problems For Everyone, Regardless of Income

Account Recovery

There is likely a sense that only people who do not make a lot of money are unable to afford paying for healthcare, and while that is largely true, data from a nationwide poll reveals that regardless of how much money an individual makes, healthcare costs force difficult decisions to be made.

Nevada Gov. Signs Healthcare Collection Bill into Law

Account Recovery

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. Signs Healthcare Collection Bill into Law appeared first on AccountsRecovery.net.

Vermont AG Settles with Healthcare Provider Over Threatening Letters Sent to Patients

Account Recovery

Taconic Orthopaedics, … The post Vermont AG Settles with Healthcare Provider Over Threatening Letters Sent to Patients appeared first on AccountsRecovery.net. Compliance Healthcare Thomas Donovan Jr.

Maryland Legislature Advances Bill Requiring Refunds to Patients Who Were Eligible for Free Healthcare

Account Recovery

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. Compliance HB694 Healthcare Legislation Maryland Medical Debt Collection

Healthcare Debt Making People Sicker: Survey

Account Recovery

More than 40% of respondents have put off a visit to a doctor’s office to … The post Healthcare Debt Making People Sicker: Survey appeared first on AccountsRecovery.net. Healthcare

Beyond Coding: Using AI to Improve the Healthcare Revenue Cycle

True Accord

With all of its capabilities, AI has much more impressive and patient-facing applications when used to improve customer experience, especially in the healthcare industry which is increasingly digital-first and self-serve.

How Healthcare Providers are Overhauling Collection Procedures During Pandemic

Account Recovery

Seventy percent of providers have increased … The post How Healthcare Providers are Overhauling Collection Procedures During Pandemic appeared first on AccountsRecovery.net. Healthcare

More Healthcare Organizations Using Automation, But Size Matters

Account Recovery

Overall, about 67% of hospitals and health systems have … The post More Healthcare Organizations Using Automation, But Size Matters appeared first on AccountsRecovery.net. Healthcare Technology

Financial Barriers Eroding Patient Trust in Healthcare System: Survey

Account Recovery

The survey, … The post Financial Barriers Eroding Patient Trust in Healthcare System: Survey appeared first on AccountsRecovery.net. Healthcare Healthcare Affordability Revenue Cycle Management

Healthcare Provider Sells $278M in Debt to RIP Medical Debt

Account Recovery

A healthcare provider has agreed to sell $278 million in medical debt, affecting 82,000 patients, as part of an agreement with the charity RIP Medical Debt. This is the first time the charity has purchased debt directly from a healthcare provider.

More Americans ‘Struggling’ to Pay Healthcare Bills: Survey

Account Recovery

The media outlet conducted the survey to see how individuals are managing medical bills during the pandemic, especially as officials are … The post More Americans ‘Struggling’ to Pay Healthcare Bills: Survey appeared first on AccountsRecovery.net. Healthcare

Healthcare Providers Bracing for Spike in Self-Paying Patients

Account Recovery

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. Healthcare

COVID Causing Problems For Healthcare Providers, RCMs

Account Recovery

… The post COVID Causing Problems For Healthcare Providers, RCMs appeared first on AccountsRecovery.net. Healthcare

Getting the Most Out of Healthcare Conferences

Credit Management Company

Healthcare ConferencesLast year, all conferences were virtual. And while it seemed convenient to attend from the comforts of your home, everyone learned that virtual conferences can be as draining as in-person ones.

Performant Sells Some Recovery Contracts, Will Focus on Healthcare Market Going Forward

Account Recovery

announced yesterday that it has sold some of its recovery contracts that are outside the healthcare industry, including its student loan agreements, to an unnamed buyer as part of the company’s decision to “fully dedicate” its resources to its healthcare business.

Court Rejects Healthcare Facility’s Use of Emergency Purpose Exception

TCPA

Unique Healthcare … Continue reading → Emergency Purpose Exception Text Messages

Intelligent Contacts and Elite Services Announce Strategic Partnership to Provide Patient Financial Engagement and Payment Solutions to the Healthcare Industry

Account Recovery

PLANO, TX– Intelligent Contacts, a leading provider of Cloud Contact Center software and consumer-centric online payment solutions for the healthcare and accounts receivable industries, today announced a partnership with Elite Services, Inc.,

Daily Digest – May 10. Judge Awards Plaintiff’s Counsel $206K in FCRA Case; BNPL Healthcare Startup Raises $110M

Account Recovery

Judge Awards Plaintiff’s Counsel $206K in FCRA Case; BNPL Healthcare Startup Raises $110M appeared first on AccountsRecovery.net.

Mass. AG Reaches $260k Settlement With Healthcare Provider Over Billing Practices

Account Recovery

AG Reaches $260k Settlement With Healthcare Provider Over Billing Practices appeared first on AccountsRecovery.net. Compliance Healthcare Enforcement Action Massachusetts Maura Healey Surprise Billing

Cost Optimization for Healthcare Clinics

Nexa Collect

Healthcare clinics that wish to succeed in today’s competitive market must strive not only to provide quality care while keeping up with the continual technological advances of such a fast-paced and innovative industry but also to ensure they are managing their costs effectively.

Healthcare Providers Must Prepare for ‘New Normal’: Study

Account Recovery

Healthcare providers must start bracing for a “new normal” that represents a lower number of patients once the coronavirus pandemic is over, according to a recently released study. Healthcare

Healthcare Provider Fined $25k For Potential HIPAA Violations

Account Recovery

A copy of the corrective action plan for Metropolitan … The post Healthcare Provider Fined $25k For Potential HIPAA Violations appeared first on AccountsRecovery.net. Compliance Healthcare

Alabama Enacts COVID-19 Liability Protections for Businesses and Healthcare Providers

Burr Forman

Like many states, the Alabama legislature passed, and Governor Ivey signed into law, a bill that provides civil liability protections to Alabama businesses and healthcare providers related to COVID-19. Articles / Publications COVID-19 alabama Governor Ivey healthcare

Ohio Bill Would Place Moratorium on Some Student Loan, Healthcare Debt Collection

Account Recovery

Jessica Miranda and … The post Ohio Bill Would Place Moratorium on Some Student Loan, Healthcare Debt Collection appeared first on AccountsRecovery.net. Compliance Healthcare Student Loans COVID-19 Ohio Rep.

Why healthcare practices need to use a medical debt collection agency

American Profit

Healthcare offices that do not pay attention to proper billing and cash flow will have a challenge just like any other type of business. The post Why healthcare practices need to use a medical debt collection agency appeared first on American Profit Recovery.

Daily Digest – June 8. Maryland Healthcare Collection Bill Becomes Law; Judge Partially Grants MSJ in FDCPA Case

Account Recovery

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

Birmingham Medical News: The DOL’s COVID-19 ETS For Healthcare Providers is Now Effective

Burr Forman

On June 21, 2021, the Occupational Safety and Health Administration (“OSHA”) published an Emergency Temporary Standard (“ETS”) that requires healthcare employers to take certain precautions to protect workers from COVID-19.

DCM Services names Scott Foster Director of Business Development, Healthcare Revenue Cycle

Account Recovery

Minneapolis, MN — March 22, 2021 — DCM Services, LLC (DCMS) the industry leader in estate and specialty account recovery solutions, announced the hiring of Scott Foster, MBA, CHFP, CRCR as Director of Business Development, Healthcare Revenue Cycle.