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 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 […]
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, 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. […]
Issued by the FTC in 200 and 2002, the “deMayo Opinion Letters” were the last (and only) official opinions ever issued on the topic of first party outsourcing. Last week I had the opportunity to sit down with Mr. deMayo to discuss those letters. The following are excerpts from that interview.
SAN FRANCISCO – LiveVox Inc., a leading provider of cloud contact center solutions for enterprise operations, announced that it will conduct a webinar for healthcare revenue cycle executives to understand the FCC’s latest ruling and its impact on contacting patients. The webinar, conducted in partnership with Healthcare Financial Management Association (HFMA), will take place on Tuesday, […]
A few months ago, insideARM and The iA Institute formally announced the inaugural First Party Outsourcing Summit. The conference is scheduled for October 12-14 at the Oakridge Hotel and Conference Center outside of Minneapolis. I know, I know. Your first reaction was: “Not another conference!”
Using historical industry data, Kaulkin Ginsberg projects the total revenue and bad debt levels for the health insurance market through 2019.
St. Paul, MN - IC System is pleased to announce the addition of Shawn Yates to the IC System executive team. IC System is an industry leader in providing effective and compliant accounts receivable services to the healthcare industry. In his new role as Vice President of Healthcare Services, Shawn will build on this tradition by […]
The CFPB has ordered Springstone Financial to provide $700,000 in relief to victims of deceptive credit enrollment tactics, stating that many consumers who signed up for Springstone’s deferred-interest loan product at dental offices to pay for dental work were led to believe that the product was interest free. In fact, interest accrued from the date of the consumer’s purchase and was charged if the balance was not paid in full before the promotional period ended. Turns out this is a lesson in training, monitoring, and UDAAP violations.