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MEMBER PROFILE: GETTING TO KNOW GREG RUFFINO
- Greg Ruffino has advanced quickly in his four years at Williams & Fudge, to his current role of director of training. It’s a far cry from his days as a soccer coach and working in the restaurant business. Ruffino has a deep respect for the culture and the leadership team at the agency, and is appreciative of what the opportunity has allowed him to learn and develop. Read on to learn more about how he spends his days and his newfound love of Gaelic Football.
REPUBLICANS WANT BIG CHANGES AT CFPB; MAY HAVE TO SETTLE FOR SMALL ONES
- The Consumer Financial Protection Bureau could be on the cusp of a number of changes, between the Financial Choice Act in Congress, an anticipated ruling in the PHH case by the D.C. Circuit Court of Appeals, and a report from the Treasury Department, which while claiming the agency has too much “unchecked power,” offers little practical reform. Here is a detailed analysis of the Treasury Department report as well as a report from Fitch Ratings that detail why the sweeping changes that Republicans would like to see occur are not likely to happen anytime soon.
HOSPITALS SPENT BILLIONS TO RECOVER $262 BILLION IN DENIED CLAIMS LAST YEAR
- Nearly 10% of all claims filed by hospitals with insurance companies are denied, according to data released earlier this week. Nearly $262 billion in claims were denied last year, out of $3 trillion in claims that were filed. Nearly two-thirds of those denials were reversed on appeal, but the appeals process cost hospitals nearly $9 billion, or $118 per claim. Improving revenue cycle management is a key to making the process as efficient as possible, according to a study that accompanied the release of the data.
NFL QB SAYS DEBT COLLECTORS ARE REASON WHY HE’S NOT PLAYING
- Vince Young, a national championship-winning quarterback in college and a rookie of the year in the NFL has been out of football for three years and is now trying to make a comeback in Canada. Why has it been so hard for him to find a place to play? Young thinks it’s because of poor financial decisions that led to a bankruptcy filing and debt collectors contacting him. A lot.
WORTH NOTING: President Trump will nominate another Republican to the Federal Communications Commission … Homes in these seven states give you the most bang for your buck … Amazon has announced its third annual Prime Day will be July 11 … President Trump’s travel ban will take effect later tonight … The iPhone turns 10 today … How it has changed the world … Inside the world’s most expensive school … A cardinal — the top financial advisor to Pope Francis — has been charged with multiple counts of sexual assault in Australia … Insanely inspiring quotes from people who are living their dream lives … Which health benefits people search the most for in different states … Most Americans are opposed to the Senate’s healthcare bill.
In anticipation of barbecue’s everywhere next week, here is how you should grill when using charcoal
The top insect repellents
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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.
