PPOs Soon May be Regulated by the Texas Insurance Department
Texas is exploring the option of regulating PPO health plans the same way it regulates HMO plans.
ABA Survey Shows Majority of Bank Customers Pay Nothing for Monthly Bank Services
The majority of bank customers continue to pay nothing in bank fees, according to a recent survey by the American Bankers Association. Sixty-five percent of consumers spend $3 or less in monthly bank fees for services such as checking account maintenance and ATM access. Fifty-two percent pay nothing. “Bank customers today are getting one of [...]
West at Home Brings 300 New Jobs to Omaha Metro
West Corporation announces the expansion of its work-at-home call center program in Omaha, Nebraska.
Executive Change: AllianceOne Names Mark Sena VP of Business Development
AllianceOne is pleased to announce the appointment of Mr. Mark Sena as its new Vice President of Business Development – Financial Markets. Mr. Sena will be responsible for new business development and client relationship management for AllianceOne focusing on the Financial Markets with special emphasis in the Auto Finance sector. Sena brings more than 20 [...]
The Outsource Group Announces Acquisition of Medical Debt Collector
The Outsource Group today announced the acquisition of Healthcare Resource Associates, Inc. (HRA), a leading healthcare collection company based in Charlotte, North Carolina. HRA specializes in bad debt recovery, extended business office solutions for hospitals and physician practices, proprietary Self-Pay Accelerator™ services, and physician practice billing and collection services. “The acquisition of HRA is part [...]
Encore Capital Group Elects New Chairman
The debt buyer announces a new chairman with credit issuing bank experience to help guide the management team.
American Consumers Making and Spending Less, But Optimistic
Personal incomes and consumer spending fell in July, but consumers were more confident in the economy in August, according to various economic releases Friday.
New Mexico Settles Case Against Debt Collection Agency
The New Mexico attorney general announced an “historic” settlement with a collection agency over time-barred debt collection. But the agency will only pay a $30,000 penalty and will be allowed to continue to collect the debt in question.
Improving Deceased Account Collections Performance Without Sacrificing Client Brands
The percentage of deceased debt within the total debt recovery market is quickly growing. This significant trend is being driven by a number of key factors: Americans are getting older. By 2050, the number of people over the age of 65 will more than double to 84 million. The number of people over 85 will [...]
J.P.Morgan Appoints Senior Banker to Lead Indian Operations
J.P.Morgan Asia Pacific today announced the appointment of Kalpana Morparia as Chief Executive Officer of the firm’s Indian operations. Ms Morparia joins J.P.Morgan from the senior management of the ICICI Group, India’s largest private sector financial services company. Ms Morparia is vice chairman of the ICICI Group’s insurance, asset management and securities companies, and Chief [...]