JP Recovery Services Merges with Healthcare Revenue Cycle Leader Meduit

Account Recovery

Meduit, a leading healthcare revenue cycle solutions company, announced today that JP Recovery Services (JPRS) has joined the Meduit organization. The post JP Recovery Services Merges with Healthcare Revenue Cycle Leader Meduit appeared first on AccountsRecovery.net.

Healthcare Fintech Raises $220M To Offer Zero-Interest Payment Plans to Consumers

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Payzen says it uses technology like artificial intelligence and machine learning to generate payment plans tailored to the budget and repayment ability of each … The post Healthcare Fintech Raises $220M To Offer Zero-Interest Payment Plans to Consumers first appeared on AccountsRecovery.net.

The Racial Divide of Healthcare Debt

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

Healthcare BNPL Firm Raises $35M to Fund Expansion

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A fintech company that started out offering Buy Now, Pay Later services for petcare and has since expanded into healthcare finance for humans has announced it has raised $35 million in funding to help it grow and expand its product. Healthcare Buy Now Pay Later John Keatley Scratchpay

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

Maryland Healthcare Collection Bill Becomes Law

Account Recovery

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

The Difficult Choices People are Making Because of Higher Healthcare Costs

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The high cost of healthcare has a lot of Americans making difficult choices, and many are choosing to cut back on driving, eating, and keeping their lights on to cover their medical debts, according to the results of a nationwide poll. Economy Healthcare Healthcare Debt

Too Many Consumers Still Unsatisfied With Healthcare Billing: Report

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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

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

Data Details Disturbing Trend For Healthcare Providers

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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

Healthcare Costs Cause Problems For Everyone, Regardless of Income

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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

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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.

Okla. Senate Committee Passes Healthcare Collection Bill

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

Post-Discharge Calling Services for Healthcare Facilities

Credit Management Company

To increase billing transparency and streamline payment plans, many healthcare facilities turn to third-party companies to complete post-discharge calls. A post-discharge program should be completely customized to meet your healthcare facility’s specific needs. Healthcare

More Healthcare Organizations Using Automation, But Size Matters

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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

Healthcare Debt Making People Sicker: Survey

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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

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

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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

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

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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.

Chet Hosch Quoted in Modern Healthcare Discussing Private Equity’s Continued Interest in Physician Practices

Burr Forman

In an article published by Modern Healthcare on September 6, 2022, Chet Hosch was quoted about the rising interest in specialty physician practices by private equity investors and the perceptions related to the impact on patient care when PE firms buy a practice.

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.

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, Collection Agency Facing Class-Action Lawsuit for Allegedly Violating State Law

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The class-action, which includes about 200 plaintiffs who … The post Healthcare Provider, Collection Agency Facing Class-Action Lawsuit for Allegedly Violating State Law appeared first on AccountsRecovery.net.

How Healthcare Providers are Overhauling Collection Procedures During Pandemic

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

COVID Causing Problems For Healthcare Providers, RCMs

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

More Americans ‘Struggling’ to Pay Healthcare Bills: Survey

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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 Provider Sells $278M in Debt to RIP Medical Debt

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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.

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.

Healthcare Providers Bracing for Spike in Self-Paying Patients

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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

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.

Collect Rx Joins Healthcare Revenue Cycle Leader Wakefield & Associates to deliver Out-of-Network Solutions

Account Recovery

Wakefield & Associates, a leading healthcare revenue cycle solutions company, announced today that Collect Rx has joined the Wakefield organization. Together, the two companies will leverage combined capabilities to provide a full spectrum of revenue cycle solutions, including Out-of-Network Claims resolution to healthcare providers across the country.

Healthcare Providers Must Prepare for ‘New Normal’: Study

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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

Daily Digest – November 29. Collector Facing Class Action for Sending Undated MVN; Healthcare Fintech Raises $220M to Offer Interest-Free Payment Plans to Consumers

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Collector Facing Class Action for Sending Undated MVN; Healthcare Fintech Raises $220M to Offer Interest-Free Payment Plans to Consumers first appeared on AccountsRecovery.net. COLLECTOR FACING CLASS ACTION FOR SENDING UNDATED MVN Ahhh, the undated Model Validation Notice.

Healthcare Provider Fined $25k For Potential HIPAA Violations

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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

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.

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