Consumers can prevent medical bills from going to collections. And they can help or hurt themselves if a bill gets to that point.
By K&S on November 9th, 2011 | No Comments
Collection Calls are always a nuisance, but they are even more annoying when they involve a debt that is too old to be collected through a lawsuit. These old debts are the ones where the statute of limitations has long since passed, making them “stale debts” as the biz refers to them. Such debt is big business for the debt collectors however, as they are purchased for pennies on the dollar from the creditor…
Hiring a debt settlement attorney is the right way to deal with your debt. Here are 5 debt settlement attorney tips that you can apply.
I paid off $80,000 in credit card debt in about 3 years. You too can get out of debt on your own! It's not easy, but these rules helped me do it. Learn how.
The News Herald May 7, 2015 Tommy Cooley Jr. The Affordable Care Act and recent changes to medical bill credit reporting requirements have created changes in provider’s revenue cycle and left the insured riddled with bills. An undue burden as […]
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To improve medical billing collections and streamline the revenue cycle, some business tips that will help streamline your practice’s cash flow.
Patients provide your office with their daytime phone numbers, but when you call them at that number they ask,"Why are you calling me at work?" This Collecto...
Here is our 2017 guide to choosing the right debt collection agency for your business needs. We explain legal considerations, risks and rewards.
Sometimes it’s difficult to determine when it is no longer profitable to continue in-house collection efforts on past due accounts and when to turn them over to a third-party agency. This in-depth article covers... 7 specific reasons to consider using an agency 4 things to learn when considering an agency 4 questions to ask an agency’s references 6 factors to consider when deciding when to place…
Get Help With Medical Bills Today. Don't Waste Another Dollar, Start Saving Now. You could pay only half of what you owe – Portion of Debt Gets Forgiven!
A stakeholder-led initiative presents best practices intended to provide guidance to provider organizations for discussing insurance coverage and financial responsibility for co-pays and deductibles with patients.
Providing patients’ care should be priority number one for a medical practice. Operating in a complexed field such as healthcare however leads medical practices to deal with additional aspect of the business. Let’s get some clarity on what is medical billing. Medical billing Is the processes that practitioners such as doctors and nurses use of creating and submitting claims to insurance companies in order to receive…
Collections agencies have always haunted daily life. Centuries ago, people unable to pay what someone claimed they owed ended up in debtors' prison – even if they were sick. Today in the U.S. we…
A debt collector, or an accounts receivable collection agency, can sometimes get a bad rap. However, they are usually just doing their job and only work with delinquent accounts of a certain monetary
Consumer Attorney Craig Thor Kimmel, founder of Creditlaw.com, discusses how to fight back against collection agencies and stop collection calls.
Clarion Ledger spent four months reviewing medical bills from providers in your community. Here's what we found.
At the end of each year, when you evaluate your collection agency performance, what method do you use to calculate their recovery rate and over what period of time do you analyze? We discuss this topic very frequently with our clients. Contingency based collection agencies only earn revenue if they collect the debt that is placed with them, therefore, the recovery rate is usually the critical factor for allowing both… continue reading
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