Advertisement
When medical receivables become aged, healthcare providers will enlist the help of the ARM industry to collect the debt. The medical, or healthcare, sector of the debt collection industry is robust, with specialty debt buyers, collection agencies and collection law firms providing service. A typical account usually involves a self-pay portion of treatment costs not covered by insurance or government programs which needs to be paid by the patient. Some medical offices also offer financing for their services and for certain elective procedures, loans which could go into default.
It may not be brain surgery, but U.S. businesses, especially in the accounts receivable management industry, can learn a lot of healthy social media habits by emulating hospitals’ use of common social media platforms like Facebook and Twitter.
Can a Medicare beneficiary’s debt be considered uncollectible if it has been referred to a collection agency? George Washington University Hospital says, “Yes, that debt should be considered uncollectible” — probably because if it were collectible, the hospital wouldn’t be sending that debt to a collection agency. So they took their “Yes” to court.
It’s no secret that in recent years, accounts receivable management has changed dramatically for healthcare providers. Payment used to be as simple as submitting a claim to an insurance company and following up to verify the remittance date. But a number of outside forces have made life, ahem, complicated for providers these days. More than [...]
A federal judge in Florida Tuesday granted class certification to a case brought by a consumer against a medical debt collection agency over a message left in the plaintiff’s voicemail. The consumer is seeking damages under the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act (TCPA).
The case also names the original creditor, a hospital in this case, citing vicarious liability under the TCPA.
Medical Recovery Specialists, LLC (MRS), part of the Receivables Management Partners (RMP) family of companies and a leading provider of accounts receivable management and other outsourced revenue cycle management (RCM) services to the healthcare industry is pleased to announce that Mike Gerlach has joined MRS as General Manager
Insurance reimbursements are down, affecting gross days revenue outstanding — and, more importantly, your healthcare organization’s bottom line. In order to effectively manage receivables, it’s what happens after the claim that matters most. In this webinar, presented by Ontario Systems and insidePatientFinance.com, you’ll learn techniques that will help you reduce gross days revenue outstanding and [...]
HBCS, a leading provider of billing and collection services for healthcare organizations, has appointed Eric Reyes as Vice President of Insurance Operations.
RMB Inc., a leading provider of healthcare accounts receivable outsourcing and delinquent account recovery, today closed on a merger with Rubin & Raine of Eatontown, N.J. The combined companies will be known as RMB Inc. and will operate with a staff of approximately 200 employees.
Receivables Management Partners (RMP), a leading provider of accounts receivable management and other outsourced revenue cycle management (RCM) services to the healthcare industry is pleased to announce the promotion of Randy Tempest to Senior Director, Sales and Client Relations.
Ezra Zucker has been named Chief Executive Officer of Value Healthcare Services, the first company dedicated to patient bankruptcy receivables.