5 Best Practices for Improving Your Revenue Cycle Providers who want to improve their revenue cycle should follow the following five best practices, offered by SmartFund Medical, a complete revenue ...
On July 11, CFPB Director Rohit Chopra delivered prepared remarks at a public hearing on medical billing and collections. Chopra commented on the prevalence of medical debt in the country, which ...
Debt collectors are violating the law if they rely only on information from a medical provider to collect a debt and they cannot collect on medical debts that are covered by insurance or government ...
The U.S. Consumer Financial Protection Bureau (CFPB) sounded a warning Tuesday for third-party collectors that rely on illegal practices, such as double-dipping, when pursuing medical debts. The ...
Relying on out-of-network cases is seen as a risky move in the surgery center industry, but many centers still manage to garner a profit. However, getting out-of-network reimbursement from payors is ...
When you receive a medical bill, that dollar amount you're charged doesn't have to necessarily be the final say. Believe it or not, you can actually negotiate your medical bills—even once they're in ...
The medical billing process can be frustrating. Converting your patient notes to numbered claims can introduce human error and insurers can be strict about how claims ...
But the way medical debt is reported on consumer credit reports is changing. And those changes may make it easier for people who have dealt with the burden of unexpected medical bills to rebuild their ...
The CFPB announced that on July 11, 2023 it will host a hearing on medical billing and collections, with a focus on medical payment products, such as medical credit cards and installment loans. In ...