Healthcare Receivables Management
With the rising cost of healthcare and a growing number of self-pay patients, comprehensive revenue cycle management is evolving to face pressing obstacles to growth and profitability in the healthcare industry. Contingency agencies, medical debt buyers, and technology vendors in the accounts receivable management (ARM) industry are responding by offering healthcare receivables management and medical debt collection services while building sound partnerships with hospital systems, physician groups, and healthcare associations.
The recovery of delinquent healthcare receivables will continue to have a strong impact on the vast and complex U.S. healthcare industry.
Free reports on healthcare receivables from insideARM:
Healthcare Analyst Michael Klozotsky's Blog:
Once Upon a Time in a Hospital
A humanitarian melodrama and a parable of fiscal irresponsibility all wrapped into one narrative.
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News Headlines
- Grassley Questions Chicago Hospital with Ties to Obamas 9/5/08
- Debt Connection Symposium: Medical Debt Sales on the Rise 9/4/08
- Not-for-profit Hospitals Enter Period of Greater Uncertainty 9/4/08
- Reimbursement Woes Force Physician-owned Hospital Into Chapter 11 9/3/08
- Health Care Providers Find Factoring Companies Fill Financing Void 9/2/08
- PPOs Soon May be Regulated by the Texas Insurance Department 8/29/08
- HMA’s Uninsured Patient Screening Hurt Insured Admissions: Analyst 8/28/08
- Weak Economy Hasn’t Yet Added to Hospital Bad Debt Woes: Fitch Report 8/27/08
- HCA ARM Subsidiary Finds Success Serving the Competition 8/26/08
- New Trend in Medical Debt Sales Bypasses Collection Agencies 8/25/08
- Americans Spending More of Their Income to Pay Medical Bills 8/22/08
- IRS Releases Final Schedule H Form for Not-for-Profit Hospitals 8/21/08
- Irregular Admissions Practice at California Hospital Cited Four Years Ago 8/20/08
- New Survey Predicts 10.6 percent Increase in Health Care Costs in 2009 8/19/08
- Illinois Hospitals Likely Victims of Amerigroup’s Discriminatory Enrollment Practices 8/18/08
- Better ARM Management May Have Saved NCFE Causalities 8/15/08
- Accuro Acquisition Helps MedAssets Narrow Second Quarter Loss 8/14/08
- Growth in Self-pay Account Balances Spur Interest Free Consumer Finance Programs 8/13/08
- NCFE CEO Sentenced to 10 years for Bribery, Obstruction of Justice 8/12/08
- Three California Hospitals Used Homeless to Bilk Medicaid Programs: Suit 8/11/08
- Lower Patient Debt Helps LifePoint Double Second Quarter Profits 8/8/08
- Two NCFE Executives Get More than 10 Years in Prison, More Executives Face Sentencing Today 8/7/08
- Tenet Delivers Best Performance in Four Years, But Bad Debt Expense Rises 8 Percent 8/6/08
- HMA Second Quarter Admissions Decline, Bad Debt Expense Improves 8/5/08
- Privately Held HCA Doing Better Job of Stabilizing Bad Debt Expense: Analyst 8/4/08
- Voters want Universal Health Coverage, but Partisan Differences Exist: Poll 8/1/08
- Paying for Health Care is among American’s Top Three Financial Challenges 7/31/08
- Universal Health Services Earning Up 35%, Uncompensated Care Equal to Full 2007 Results 7/30/08
- Community Health Systems Revenue, Bad Debt More than Double as Profits Decline 7/29/08
- Medical Debt Rising Even as More Forego Health Care: Report 7/28/08
- New Association to Establish Accreditation Program for Health Care Collectors 7/25/08
- U.S. Health System on Wrong Track, say National Health System Scorecard 7/24/08
- nTelagent Launches Service to Lower Hospital Self-Pay Bad Debt 7/23/08
- Excessive Heat Can Run up Hospitals’ Bad Debt Expense for Treating the Uninsured: Report 7/22/08
- Seattle-based Health Care Provider Fined $100,000 for HIPAA Violations 7/21/08
- Uninsured Crisis May Force Texas Hospital to Close its Doors 7/18/08
- Medical Debt Collectors to Feel Impact of Healthcare Providers’ Fight with Insurers 7/17/08
- Private Equity Firm Expands Portfolio with Health Care Software Firm 7/16/08
- Fraud Trial of Healthcare Receivables Buyer Executive Pushed Back Two Months 7/15/08
- Hospitals Help San Francisco Expand its Universal Health Care Program 7/14/08
- Proposed California Legislation Seeks to Ban Some Health Care Policy Cancellations 7/11/08
- Generic Letters Cost Medical Debt Collectors Time and Money, Expert Says 7/10/08
- New Group Launches $40 million Nationwide Health Care Reform Campaign 7/9/08
- Elderly and Military Families to Face More Bad Debt in Medicare Cuts Tug-of-War 7/8/08
- Consumers Flock to Retail Health Care Clinics 7/7/08
- Eight Health Care Systems Honored for Revenue Cycle Management 7/3/08
- National Century Convict On the Run 7/2/08
- Florida Hospitals Seek to Lower Readmission Rates 7/1/08
- Hospitals May Have a Case against Slow-Paying Insurers 6/30/08
- Health Care Finance Group HFMA Issues Reform Plan 6/26/08
Analysis Headlines
- Utilizing Revenue Cycle Platforms Benefit Both Patients and Hospitals
- Creditor Survey Underscores Anxiety about Current Economic Conditions
- Competition in Healthcare - Physician Hospitals as Instigators of Change
- Maximizing Revenues in Troubled Times: Proven Methods of Extracting Water from a Stone
- The Tangled Web of Google Health – Online Medical Records Could Change Healthcare Receivables Strategies
- Accounting for Bad Debt: Charity Care, IRS Form 990, and ARM
- How to Maximize the Effectiveness of your Healthcare Collection Agency
- The State of the Industry: What is Next for ARM?
- Healthcare Without a Net
- State Healthcare Reform and the Collection Industry
- Healthcare Debt: Not Your Typical Portfolio
- What Really Makes Healthcare Collections Unique
- Increasing Cash Collections: Best Practices for Healthcare Receivables Management
- Interview: Leigh Marcus, VP of Professional Claims Bureau, Inc
- Legislating Healthcare Funding and its Effects on ARM
- Interview: Jack Nixon of CMRE Financial Services, Inc
- HIPAA and Medical Collections: Staying Compliant Worth the Hassle
- Interview: Michael DiMarco, CEO of The Outsource Group
- Debt Buyers’ Growing Interest in Alternative Asset Classes
Research Headlines
- Kaulkin Report 7 Excerpt - Healthcare Industry is Unusually Diverse
- Healthcare ARM Report - Healthcare Providers and Receivables Management
- Healthcare ARM Report - Conclusion, Outlook, and Index
- Healthcare ARM Report - Suppliers to the Healthcare Sector of the ARM Industry
- Healthcare ARM Report - Threats to the Healthcare ARM Industry
- Healthcare ARM Report - The Healthcare Industry and its Need for Receivables Management
- Healthcare ARM Report - Healthcare Sector of the ARM Industry
- Global Debt Buying Report - Healthcare Receivables in the U.S.
Press Releases
- XIFIN Named to Inc. 5000 for Second Consecutive Year 9/4/08
- PSC Info Group Introduces Electronic Bill Presentment and Payment Solution for Healthcare Providers 9/3/08
- FTC Announces Workshop on Emerging Health Care Competition and Consumer Protection Issues 9/2/08
- The Outsource Group Announces Acquisition of Medical Debt Collector 8/29/08
- Genpact Extends Re-engineering Project with Miami Children’s Hospital 8/27/08
- Executive Change: Patrick Rooney Named President and CEO of Centene's Indiana Subsidiary 8/27/08
- eRx Network to Provide Transaction Processing and Revenue Cycle Management Services to Rite Aid 8/22/08
- TeleTech Renews Multiyear Agreement With Leading Healthcare Provider 8/19/08
- GSI Acquires Medical ARM Firm ARGYLE Solutions 8/15/08
- Amerigroup Settles Federal and State Medicaid Fraud Claims for $225 Million 8/15/08
- Fast-Growing Collector Invests in CT Center for Site-Premised Dialer Benefits 8/14/08
- nTelagent Locks in $1.7 Million in Series E Funding 8/12/08
- Recovery Audit Contractor (RAC) Program Takes Back Nearly $1 Billion 8/7/08
- TriZetto and Apax Partners Close Merger 8/6/08
- Employees of ARM Firm H & R Accounts Rally to Aid Flood Victims 8/1/08
- South Carolina Hospital Association Endorses nTelagent's Self-Pay System 7/31/08
- MedAssets Announces Affiliation with Arizona Hospital and Healthcare Association 7/17/08
- Over 30% of Healthcare Bad Debt Write-Offs Are Due to Inadequate Patient Data: nTelagent 7/17/08
- Orlando Health Expands Mede Self Pay Analytics to Include Physicians Groups 7/15/08
- William J. Lubaway Named HFMA Morgan Award Recipient 7/11/08
- Robert Broadway Assumes HFMA Board Leadership 7/9/08
- Ascent Healthcare Solutions Awarded MedAssets Gold Vendor Designation 7/8/08
- Executive Change: AHC Names Patrick Lutz as President 7/7/08
- Executive Changes: Centene Corporation Announces Key Management Appointments 7/7/08
- Community Health Systems Acquires Partner’s Shares in Alabama Facility 7/3/08
- ZipClaims.com and InstaMed Enhance Medical Billing for Millions of Practitioners 6/27/08
- MDHBA Annual Conference to be Held in Boston this October 6/26/08
- ARGYLE Solutions and Equicare Capital to Merge Brands 6/24/08
- TransUnion’s Enhanced Revenue Manager Improves Hospital Productivity 6/24/08
- GeBBS Ranked Among the Top 100 Healthcare IT-BPO Providers 6/23/08
- Jackson Health System Engages PHNS for Accounts Receivable Management Services 6/18/08
- NTelagent Partners Within Collection Industry to Help Health Care Providers 6/18/08
- MedAssets Supply Chain Systems Receives Champion for Change Award for Third Consecutive Year 6/17/08
- NTelagent’s Self-Pay Management System Shifts Healthcare Collections to the Front End 6/11/08
- Perot Systems and Sinai Health System Extend Revenue Cycle Solutions Contract 6/5/08
- Tenet Announces Sale of Three Hospitals to Prime Healthcare Management 6/3/08
- Keybridge Medical Receives Best Practices Award for Contact Center Technology from Noble Systems 6/2/08
- Georgia Extends Childcare Contract with Maximus 5/28/08
- Quality Systems to Acquire Healthcare Strategic Initiatives 5/21/08
- Grady Health System Selects MedAssets for Financial Improvement Initiatives 5/19/08
- PHNS Acquires AmeriVault Corp. 5/16/08
- Highmark Medicare Services Achieves Certification to COPC-2000 CSP Standard 5/6/08
- General Audit Rebrands as Keybridge Medical Revenue Management 5/5/08
- NTelagent Penetrates Hospital Marketplace With Self-Pay Management System 4/29/08
- CSC Launches Global Healthcare Sector 4/25/08
- PR - Crescent Healthcare Increases Cash Flow on Aging Receivables by 50 Percent with VWA 4/24/08
- PR - MedAssets Announces Contract Expansion for Accounts Receivable Services 4/23/08
- PR - McKesson Lands Billing and Collection Contract with Hospital 4/23/08
- PR - Convergys Expands Work With UnitedHealth Group Members 4/18/08
- Healthcare Providers Decrease Bad Debt with nTelagent’s Self-Pay System 4/14/08
