Healthcare

For any collection agency that works with a hospital, be it large or small, this is an article that you might want to share with your clients. It details how Iroquois Memorial Hospital, a 25-bed community hospital in Illinois, boosted their point-of-service patient collection by 300%. The article goes into detail …

The following article was written by Jerry Ashton, co-founder of RIPMedicalDebt, an organization that seeks to purchase medical debts of individuals and forgive them. It is re-published with his permission. On November 17 and 18 in Cambridge, MA, J-PAL (the Abdul Latif Poverty Action Lab) North America presented some 200 researchers, practitioners …

Healthcare companies face expenses in seven different categories, with total dollar losses averaging $4 million, in the event of a data breach, according to a whitepaper published recently. The categories include forensics, notification, lawsuits, lost business, brand value, HIPAA fines, and post-breach costs, according to Protenus, a company that helps …

While the overall collections industry is healthy and poised for growth, smaller agencies are still likely to sell to larger companies because of increased compliance costs, according to the quarterly newsletter published by Corporate Advisory Solutions. There were 10 mergers or acquisitions in the third quarter of 2016, comprising $679 …

The following article was written by Jerry Ashton, co-founder of RIPMedicalDebt, an organization that seeks to purchase medical debts of individuals and forgive them. It is re-published with his permission. In a multi-part series titled “Medical Debt Collections: High Tech, High Touch – High Time,” I am chronicling the role …

This content was written by Rozanne Andersen, Chief Compliance Officer at Ontario Systems and published on Ontario Systems’ website. It can be found here. Seven straight weeks on the road presenting at industry conferences, meeting with clients, facilitating industry work group discussions, leading roundtables and meeting with regulators has given me …