Collections has undergone a change – even if most media representations still seem to suggest that debt collectors are out to intimidate and bully consumers.
First Collection Services, a leader in the accounts receivable management industry since 1969 has selected TECH LOCK to provide a comprehensive compliance audit
In order to validate compliance with consumer data protection, Protected Health Information (PHI), Personally Identifiable Information (PII) or Non-Public Personal Information (NPI), etc., Optio Solutions has contracted with the ARM Industry-leading holistic practitioner TECH LOCK® to become TECH LOCK® Certified.
In the third quarter of 2014, consumer complaints about medical debt collection practices rose sharply as overall collection complaints fell.
CFPB Director Richard Cordray today will call on credit reporting agencies to take a more active role in policing the companies that furnish data on consumers, including a mandate to report consumer disputes made against specific companies. The new requirements stem from a CFPB study on debt collection tradelines in credit reporting.
The Consumer Financial Protection Bureau (CFPB) is holding a field hearing on Thursday, December 11 in Oklahoma City to discuss medical debt collection.
Making patients aware of their financial obligations is one of the biggest challenges to healthcare providers, requiring specialized resources. Where are those resources to be found?
Student Lending revenues declined 35.3% during the third quarter to $28.1 million, from $43.4 million in the prior year period.
Expert Global Solutions (EGS), parent company of ARM giant NCO Group, announced Monday the closing of a deal that saw it sell Transworld Systems and many other debt collection units to a private equity firm. The transaction was initially announced in July.
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.