The percentage of American consumers with at least one account in the third party debt collection system fell sharply in the third quarter of 2013, according to data released Thursday by the Federal Reserve Bank of New York. But the average balance of accounts in collection increased sharply.
The Consumer Financial Protection Bureau (CFPB) today published debt collection complaints it has been collecting since July 10. The data was made publicly available in the Bureau’s Consumer Complaint Database.
Payment Savvy, the premier payment processing company, is offering special rate plans for the benefit of collection agencies, hospitals, and medical billing facilities.
Weltman, Weinberg & Reis Co., LPA (WWR) is pleased to announce that Alan H. Weinberg, Managing Partner of its Real Estate Default Group, will receive an award as a Community Champion from Care Alliance at its annual fundraiser on Nov 9, 2013.
North American Credit Services (NACS) and Medical Services of Chattanooga employees are taking part in the National Customer Service festivities throughout the month of October, an initiative organized to promote and support year-round quality customer service.
DECA Financial Services, LLC, a nationally licensed collection agency, announced today the signing of a marketing agreement with Savannah, Georgia based Healthpac.
The Healthcare Financial Management Association, ACA International and major stakeholder organizations have released medical collection guidelines to their members. This has set in motion a scramble of credit bureaus, consumer protection agencies, healthcare organizations and others trying to synergize resources, build relationships and protect their bottom line. The ultimate goal, of course, is that these [...]
ACA International, the Healthcare Financial Management Association (HFMA), and other stakeholder organizations representing credit bureaus, consumer protection agencies, and more, earlier this month distributed to their respective members proposed medical collection guidelines that, when finalized, sponsors hope will find wide acceptance by the healthcare industry and its business partners.
West Virginia Attorney General Patrick Morrisey announced Tuesday that a hospital in the state and its collection agency will each pay the state $7,500 as part of an agreement to end unlawful debt collection practices.
Morrisey’s Consumer Protection Division began investigating the companies after learning that the hospital required consumers to sign a consent form subjecting them to certain collection practices if their accounts became delinquent. The hospital allegedly required patients to sign the form as a condition of receiving medical care.
Radius Global Solutions announced today the launch of Radius Healthcare Solutions through its acquisition of RevMap, Inc.