The Consumer Financial Protection Bureau (CFPB) has been strongly hinting, if not outright announcing, that the medical/healthcare market is one of its primary concerns when looking at its regulation of the debt collection industry.
With the increased attention the credit and collections industry has been receiving lately, it’s more important than ever to not only know the status of your consumers, but to also have a plan on how to handle accounts as they move into different statuses.
BillingTree® is showcasing multiple payment services and solutions at the 2015 ACA International Spring Forum & Expo from March 25 – 27. The offerings featured include a new Regulation E (Reg E) and E-sign compliance service; Check 21 paper check conversion solution and the extremely popular Medical Savings Account acceptance service ‘Health PAS’.
Convergent Revenue Cycle Management, Inc., a leading provider of healthcare revenue cycle management and patient access solutions to top hospitals across the nation, has announced that James Hawkins has joined the company as Senior Vice President, Patient Contact Center.
Grimley Financial Corporation, a Haddonfield, New Jersey based healthcare collection agency, enters its thirtieth year of business today. Specializing in full service healthcare Revenue Cycle Management (RCM) solutions for hospitals and their affiliated physician groups, Grimley Financial has continually provided its partner clients with unequaled results, compliance and leading edge technology. Charles Grimley III, CEO, […]
The CFPB’s Consumer Advisory Board (CAB) meeting in Washington, DC Thursday was used as a platform to reiterate the Bureau’s focus on matters dealing with consumer credit reporting and medical debt, specifically how it is collected and appears on credit reports.
The CFPB recently conducted a field hearing on medical debt collection practices and the relationship between medical debt and consumer credit reporting in general. From my vantage point, the meeting was nothing short of a crystal ball regarding the future of medical debt collection.
TECH LOCK, Inc. announces Tennessee-based collection company Automated Collection Services, Inc. (ACSI) is expanding their industry leading annual compliance audit to include the HITRUST Common Security Framework (CSF) with their annual TECH LOCK® Certified audit.
LiveVox Inc., a leading provider of cloud contact center solutions for enterprise operations, announced that it will join an operations expert from McKesson Business Performance Services (BPS) to conduct a webinar on Wednesday, February 18th at 3:00 ET to discuss how cloud is being used by healthcare RC operations to adhere to a strict business environment and ever-changing patient base.
LiveVox Inc., a leading provider of cloud contact center solutions for enterprise operations, has helped AR Logix better service their clients with some of the most robust cloud-enabled revenue cycle solutions.