According to Healthcare Finance News, more than half of provider bills don’t get paid. And for every dollar billed to patients, providers have historically failed to collect 65 cents. Providers are experts at managing insurance reimbursement, but collecting self-pay dollars is a different story. With the average annual deductible for covered workers increasing 255% since 2006 and projected […]
Yesterday the U.S. District Court for the Southern District of Alabama affirmed the lower court’s decision in favor of the defendant in the case of Mahala A. Church v. Accretive Health, Inc. (Case No. 15-15708, United States Court of Appeals for the Eleventh Circuit) A copy of the case can be viewed here. The Appellant […]
MDHBA, the Medical-Dental-Hospital Business Associates, will host its Annual Conference Oct. 27-28, 2016, at the Loews Annapolis Hotel, Annapolis, Maryland. The event features programming tailored for the healthcare accounts receivable industry.
New mandatory credit bureau reporting process changes that had been announced earlier this year will become effective this Wednesday, June 15. The three major credit bureaus issued a memo in March, stating that the purpose is to provide consumers more transparency. The bureaus established the plan in conjunction with several states’ Attorneys General. New requirements […]
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 […]
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 […]
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 […]
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.
Camas, Wash. - The Intelitech Group™, a premiere analytics provider and consulting practice in the ARM industry, announced today it has updated its analytics offering in medical accounts receivable. This update assists agencies that use The Intelitech Group’s premiere analytics services when collecting medical debt, by providing improved accuracy in knowing the ability and willingness of account holders to […]
The St. Louis Post-Dispatch reported yesterday that Ascension and TowerBrook Capital Partners will invest $200 million in Accretive Health, a Chicago-based medical billing and debt collection firm. Ascension is a Catholic hospital system, and was the first customer for Accretive in 2004, when it was a start up. The deal also gives the investors the option to […]