Thanks to the Patient Protection and Affordable Care Act, the self-pay population is shrinking. But the financial challenges of that population continue to grow and now are spreading to other formerly stable patient populations, namely those with employer insurance.
The National Consumer Law Center this week published a report calling for the CFPB to supervise larger collection agencies that focus on medical accounts, effectively changing a conclusion the Bureau had already reached with regard to healthcare debt.
Salient Business Solutions, the revenue cycle management and business outsourcing consulting arm of the India-based Avantha Group, has announced leadership changes for its fully owned subsidiary Pyramid Healthcare Solutions, a leading provider of revenue cycle management services for the healthcare industry based in Clearwater, Fla.
In order to service the Baby Boomer aging onslaught, hospitals, senior living centers, doctors’ offices, and other healthcare providers will seek greater support in Revenue Cycle Management and Client Relationship Management.
Credit Management Company, an established accounts receivable management firm and Coding Concepts, a premier remote coding services company, today announced a formal partnership to deliver additional revenue cycle services to healthcare clients.
RevSpring is pleased to announce the addition of Craig Morgan as its vice president of operations. Morgan is responsible for all paper-based communications in RevSpring’s Michigan, Pennsylvania, Arizona and Ohio facilities.
North American Credit Services and Medical Services of Chattanooga celebrated the grand opening of the 7th building on August 21st at the company’s headquarters in Chattanooga, Tennessee. The new $1.2 million expansion will provide over 10,000 square feet of office space along with the capacity for 115 new employees to join the company’s growing medical billing and receivables workforce.
How can The Medical Debt Responsibility Acts of 2011, 2012 and 2013 improve medical debt collections?
Providers should consider setting up ACA-insured patient accounts in their respective practice management financial systems under its own classification.
Thanks to the Affordable Care Act, millions have health insurance who in the past could not afford it or qualify for it. But this new widespread adoption of insurance is creating a new class of patient that requires special attention by the healthcare providers that serve them.