NY DFS Proposes Reg to Curb Surprise Medical Bills

The New York State Department of Financial Services has issued a proposed regulation that aims to protect consumers who are provided misinformation about whether healthcare providers are part of their insurance network. The proposed regulation is an attempt, being promoted by consumer advocacy groups, to reduce what are known as …

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The Racial Divide of Healthcare Debt

There is nobody who will disagree that there are problems with medical debt across America. From massively underestimating how much medical debt actually exists to hospitals and healthcare facilities across the country being called out for being too aggressive in trying to collect on unpaid debts — especially when the …

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N.Y. Hospitals Called Out for Filing Liens On Unpaid Debts

A number of hospitals in New York state are being called out for filing liens on the homes of patients with unpaid medical debts, pointing out that the facilities collected $442 million to help them support patient financial assistance and calling the process an “extreme collection practice.” The report was …

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Hospital Network Offering Patients More Financing Options

A hospital network that covers 45 facilities across 14 states has signed up with a noted credit card provider to offer patients a healthcare credit card to make per-care, point-of-care, and post-care payments. Prime Healthcare has signed up for Synchrony Financial’s CareCredit program, allowing individuals to make payments on their …

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Interest in RCM Space Heating Up

A lot of money is flowing into the medical billing and revenue cycle management side of the healthcare industry, according to a published media report, to help hospitals and medical practices maximize “every dollar they can collect from patients and insurers.” The report highlights activity from revenue cycle management companies …

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