Daily Digest – September 6. Getting to Know Edward Forbes of CMAX Finance; Class-Action Lawsuit Filed Over Lack of Summons Notification

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

GETTING TO KNOW EDWARD FORBES OF CMAX FINANCE

• There is a common thread among all of the answers given below by Edward Forbes. All of the answers fit the description of what makes Forbes most productive — under pressure to close a deal. Forbes was a platoon leader in the Army, loves to play tournament poker, and said he would be a chef if he wasn’t in the ARM industry — all jobs and professions that require grace under pressure. Read on to learn more about Forbes and his interesting family tree.

 

CLASS-ACTION LAWSUIT FILED OVER LACK OF SUMMONS NOTIFICATION

• A class-action lawsuit has been filed in Florida against a pair of debt collectors accused of violating the Fair Debt Collection Practices Act by not properly serving individuals with notifications that they were being sued for unpaid debts.

 

N.J. LEGISLATURE TACKLES MEDICAL DEBT ISSUES WITH NEW MEASURES

• The New Jersey state legislature is tackling medical debt in a new law that was signed last week and a separate bill that has been introduced in the state Assembly.

 

BENEFITS OF OUT SOURCING RCM FUNCTIONS MAY BE LOWER THAN EXPECTED: STUDY

• Hospitals and healthcare facilities that outsource their revenue cycle management functions may want to think twice about doing so, according to a new study, which reveals that the returns may be less than expected.

WORTH NOTING: The president and the White House had strong words for an anonymous staffer who criticized the administration in The New York Times … Everyone is trying to figure out who the author is … Is dying worth a selfie? … The hardest Harry Potter quiz ever … Tips on negotiating a pay raise … A lot of people are cutting back on how much time they spend on Facebook … The 50 counties with the highest unemployment rate … Did someone sabotage the International Space Station? … There is a real shortage of teachers … How food is changing at NFL stadiums.

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The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.