Real Bill Bartmann Visits N.C. & Other Non-Breaking News
insideARM.com did not report on the Bartmann Road Trip May 2012 when the story first broke a few days ago. Because we were busy with other more pressing stories.
Accounts Receivable Management
Within a credit granting business, accounts receivable management (ARM) refers to policies and procedures for a company’s disposition of accounts receivable — or money owed on credit accounts — including measurements, aging, charge-offs, debt collection, and debt sales. ARM divisions increase the revenue of its parent company even though they are typically quite capital-intensive with state-of-the-art systems and extensive frontline staffing.
Accounts receivable management (ARM) can also refer to the industry that aids credit grantors in recovering debt before or after charge-off. This can include first and third party debt collection agencies, collection law firms, and debt buyers.
Michael Lamm: Healthcare ARM and RCM Industries Converging
The convergence between Accounts Receivable Management (ARM) and Revenue Cycle Management (RCM) providers continued to be apparent in Q1, as both strategic buyers and larger private equity backed Healthcare OBS companies were aggressively seeking acquisition opportunities in both markets.
Who’s to Blame for Federal Student Loan Defaults?
For many borrowers faithfully paying down their loan balances each month, the maximum annual interest deduction for these obligations is capped at $2,500. Buying a house or two? Under current rules you can deduct up to $1.1 million of the interest on your loans. Chief Content Officer Michael Klozotsky connects some dots to a compelling conclusion regarding student loan interest and that McMansion up the block.
Bill Bartmann Double-Faults on Debt Collectors
If hubris were a skill required of professional tennis players, Bill Bartmann, CEO of CFS II, would be the Roger Federer of the crusade to “Grand Slam” every debt collection company in America, save his own. Instead, his latest rant against debt collectors is an unforced error in logic.
Debt Collection Agency Defies Media Stereotypes, Proves Nice People Collect More
Despite the often negative portrayals of debt collectors in the mainstream media, one Baltimore-based collection agency is proving that a kinder approach is not only possible, it actually shows measurable positive results.
Debt Collection CFO to Take Tax Holiday in Federal Prison
When one thinks of vacations in The Treasure State aka Big Sky Country aka Montana, activities like spectacular fly fishing, skiing, or big game hunting come to mind. But one (former) Montana collection industry CFO will be taking an altogether different kind of “vacation” sanctioned by the Federal Bureau of Prisons.
N.C. Newspaper Claims Non-Profit Hospitals Profit by Chasing Patients
Some not-for-profit hospital systems in North Carolina are earning significant profits by being stingy at offering charity care while at the same time pursuing patients who fail to pay their bills, according to what promises to be a week-long series of articles by the Charlotte Observer newspaper.
Process Serving Standards Summit Announces Agenda, Distinguished Advisory Board
The accounts receivable management industry’s first Process Serving Standards Summit has just announced its agenda and advisory board. The goal of the Summit is to initiate voluntary standards and best practices specifically for the collection industry’s process serving sector. The summit will take place July 10-11, 2012 in Denver, Colo., bringing together collection industry professionals involved with litigation. The [...]
Executive Change: Former Dept. of ED Collections Group Washington Director to CAI
Credit Adjustments, Inc. (CAI), a nationally-operated accounts receivable management firm, has announced that Shirley Wheeler has joined the company’s management team as Director of Client Relations and Quality Assurance. Prior to accepting the position at CAI, Ms. Wheeler held various management roles with the U.S. Department of Education to include Director of the Collections Group [...]
Debtors Prisons: Still Not Returning, No Matter How Hard Yahoo News Tries
Dear Yahoo News: In a story titled “The Return of Debtors’ Prisons,” you can’t have it both ways. You can’t allege, in one paragraph, “U.S. states allow the police to haul people in who don’t pay all manner of debts,” and then suggest, “Illinois isn’t the only state where residents get locked up for owing [...]
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