CFPB RE-AFFIRMS MAY TIMELINE FOR RELEASE OF FINAL DEBT COLLECTION RULE
- The Consumer Financial Protection Bureau re-affirmed its guidance of taking “final action” with respect to its debt collection rule in May 2020, according to the agency’s semi-annual regulatory agenda, which it released late last week.
DOCTORS SPEAK OUT AGAINST ‘AGGRESSIVE, PITILESS’ COLLECTION PRACTICES
- A trio of doctors from UVA Health have come out against their employer’s “aggressive, pitiless billing and collections practices” saying they felt “betrayed” by the organization’s breaking of a “social contract” between physicians and the individuals they treat.
UNCOMPENSATED CARE AT HOSPITALS KEEPS RISING THANKS TO HIGHER HEALTHCARE DEDUCTIBLES
- The amount of the average healthcare insurance deductible has tripled during the past decade, and chief financial officers of hospitals consider every dollar of a high-deductible health plan to be a dollar of bad debt that will not be repaid, according to a published report.
COMPLIANCE DIGEST – NOVEMBER 25
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights and opinions from eight different compliance experts — Joann Needleman, Dennis Barton, Porter Heath Morgan, June Coleman, Virginia Bell Flynn, Nicole Strickler, Mitch Williamson, and Matt Kiefer — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else.
WORTH NOTING: Add Michael Bloomberg to the list of people running for President … Dwayne Haskins missed the final snap of his first win yesterday because he was taking a selfie with a fan … How students are learning about the first Thanksgiving is changing … Americans are planning to spend just as much as last year on holiday gifts … A cautionary tale about emailing the whole company when you are trying to take a sick day … The best note-taking apps … Travel hacks for holiday trips … Recapping last night’s American Music Awards … You will soon be able to redeem Capital One cash back awards and miles on Amazon.
How to fix leaks in your house
The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.