Medical Debt Collection Feed Link

Medical Debt Collection

When medical receivables become aged, healthcare providers will enlist the help of the ARM industry to collect the debt. The medical, or healthcare, sector of the debt collection industry is robust, with specialty debt buyers, collection agencies and collection law firms providing service. A typical account usually involves a self-pay portion of treatment costs not covered by insurance or government programs which needs to be paid by the patient. Some medical offices also offer financing for their services and for certain elective procedures, loans which could go into default.

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Executive Changes: Ontario Systems Hires Two Top Healthcare Revenue Cycle Experts

MUNCIE, Ind. – Ontario Systems, a leading accounts receivable management (ARM) and healthcare revenue cycle management (RCM) technology and services provider, has hired two industry leaders in healthcare RCM, Shawn Yates and Mike Mullins. Continuing its growth from 2015, Ontario brings in new healthcare talent to continue building the most robust RCM team for the […]

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New ProPublica Article Criticizes Debt Collection Litigation on Medical Accounts; Paints One Firm as Outlier

As part of an ongoing investigation, Propublica published a lengthy article by Paul Kiel titled For Nebraska’s Poor, Get Sick and Get Sued. The article discusses the practice of use of litigation to collect delinquent healthcare accounts in the State of Nebraska. It is clear that Mr. Kiel spent a considerable amount of time researching the story before publication. The story is less than flattering to the debt collection industry.

Frost-Arnett Growth Prompts Expansion, Headquarter Relocation to New Facility

NASHVILLE, Tenn., — Frost-Arnett today announced it is relocating its headquarters to a new Nashville address in August that more than doubles the space of its current downtown office. Frost-Arnett, a leader in the Accounts Receivable Management for the healthcare industry, will move from its 16,000 square-foot downtown headquarters on James Robertson Parkway to a […]

New Accounts Receivable Management Provider Combines a History of Strong Revenue Performance with a Meticulous Focus on Compliance and Consumer Relationships

ROUND ROCK, Texas ― Waypoint Resource Group, an outsourcing provider of key accounts receivable management (ARM) services, today announced its official launch, along with a suite of solutions focused on improving credit payment outcomes and relationships between companies and consumers.  Waypoint is an affiliate company of TG, a long-standing, well-respected federal student loan guarantor and government contractor […]

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Convenience Fees: Potential for Mischief?

Two attorneys — one for collections, one for consumers — talk through urgency channels, convenience fees, and due dates. It’s another example of how language that, on the surface, seems helpful and clarifying for a collection agency, can also be seen as deceptive, by a consumer attorney, to the Least Sophisticated Consumer.

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Hollis Cobb Associates Acquires Healthcare Financial Services

NORCROSS, Ga. – Hollis Cobb Associates announces its acquisition of Healthcare Financial Services, located in Jackson, Mississippi.  This represents Hollis Cobb’s fifth acquisition in the past three years as they continue their national leadership as outsourcers of the revenue cycles within the healthcare provider market. This acquisition is significant as it represents the largest deal […]

Senators Introduce Medical Debt Relief Act to Address Medical Debt on Credit Reports

Late last week Senators Jeff Merkley (D-OR), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Bob Menendez (D-NJ), and Chuck Schumer (D-NY) introduced the Medical Debt Relief Act. The legislation would prevent medical debt from damage consumers’ credit scores after it has been paid off or settled. They argue that, as opposed to credit card debt or loans […]

In Spite of FCC, 70 Percent of TCPA Decisions in Last 14 Months Positive for Industry

You may not know that insideARM maintains a “TCPA Resources” page to provide the ARM community a destination for timely and topical information at any time on The Telephone Consumer Protection Act (“TCPA”). This page is generously supported by LexisNexis Risk Solutions. See it here or find it in our main navigation bar from any page on insideARM.com. […]

Kaulkin Ginsberg Offers Executive Summary on the Healthcare Market

The series provides accounts receivable management business owners with an in-depth analysis of the healthcare industry. As the whitepaper makes clear, healthcare is a very diverse sector; however, most ARM companies only focus their efforts on hospitals – the largest segment of the healthcare industry. The end result is often a lot of money on the table — opportunities that could be very lucrative, especially for operations looking to diversify and avoid concentration risk.