United Recovery Systems (URS), a portfolio company of Audax Private Equity, announced it has completed the acquisition of Financial Health Strategies (FHS).
EOS CCA has announced the appointment of longtime healthcare revenue cycle expert, Alan Todd Van Meter as President of EOS Healthcare, a division of EOS CCA, a leading Revenue Cycle Management company and a subsidiary of the EOS Group.
The Eleventh Circuit Court of Appeals Thursday reversed a lower court ruling and found that a collection agency violated the Fair Debt Collection Practices Act (FDCPA) when it charged a consumer a collection fee that was based on a percentage of the debt balance rather than actual costs.
The Federal Trade Commission Tuesday announced a settlement with revenue cycle management and healthcare business services firm Accretive Health over patient information security concerns. But the FTC also issued a closing letter noting that it would not be pursuing enforcement actions related to debt collection, an issue that grabbed a lot of attention in 2012.
As the ARM industry prepares for 2014, it might help in strategic planning to know which types of debt are attracting the most consumer complaints about debt collection.
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.
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 […]