Medical Debt Collection Feed Link

Medical Debt Collection

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.

Senators Introduce Medical Debt Relief Act to Address Medical Debt on Credit Reports

Late last week Senators Jeff Merkley (D-OR), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Bob Menendez (D-NJ), and Chuck Schumer (D-NY) introduced the Medical Debt Relief Act. The legislation would prevent medical debt from damage consumers’ credit scores after it has been paid off or settled. They argue that, as opposed to credit card debt or loans […]

In Spite of FCC, 70 Percent of TCPA Decisions in Last 14 Months Positive for Industry

You may not know that insideARM maintains a “TCPA Resources” page to provide the ARM community a destination for timely and topical information at any time on The Telephone Consumer Protection Act (“TCPA”). This page is generously supported by LexisNexis Risk Solutions. See it here or find it in our main navigation bar from any page on insideARM.com. […]

Kaulkin Ginsberg Offers Executive Summary on the Healthcare Market

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.

The Intelitech Group Updates Analytics Offering for Agencies Collecting Medical Debt

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 […]

business-of-healthcare

Accretive Health Back In the News; This Time It’s Positive

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 […]

LiveVox Discusses Approaches to Optimizing Patient Engagement Strategies in a Changing Insurance Landscape

LiveVox Inc., a leading provider of cloud contact center solutions for enterprise operations, announced that it will join operations experts from IHMS, in partnership with the Healthcare Financial Management Association (HFMA), to provide insights into the top insurance enrollment challenges moving into 2016 and innovative approaches to adapting existing resource to optimize patient engagement and […]

MDHBA Elects Board of Directors, Officers Seated at Annual Conference

Elmhurst, IL — The Medical-Dental-Hospital Business Associates (MDHBA) elected its 2015-2016 Officers and Board of Directors when it met, Oct. 23, 2015, in Newport Beach, California. The meeting was held at the organization’s Annual Conference, Oct. 22-23, at the Island Hotel. Officers who were elected include: President Jon Nixon, CPBE, executive vice president, CMRE Financial […]

Credit Management Company and MedClaims International, LLC Partner to Enhance Healthcare Revenue Cycle Services

Credit Management Company, an established accounts receivable management firm and MedClaims International, LLC, a hospital claims resolution company, announced a formal partnership to deliver additional revenue cycle services to healthcare clients. The newly forged alliance allows each company to offer complimentary services to their current healthcare clients while remaining true to their revenue cycle niche.  […]