Hospitals and private practices have been slow to implement a smooth transition to value based healthcare despite having over eight years to plan and execute a successful strategy (the concept became law with the passage of the Affordable Care Act in March 2010). The ACA is a massive piece of legislation addressing so much more…
Since 1939, the Association of Credit and Collection Professionals (ACA International) has worked to enhance debt collection agency performance through comprehensive education, training, events and publications. ACA International members located across the globe will assemble at the Omni Nashville Hotel in Nashville, Tenn. for the 2018 ACA International Convention & Expo on July 23 –…
Value based healthcare is expected to impact debt collections for the average 350-bed hospital, a classic American institution that is losing about $22 million each year according to the Advisory Board. The transition from the traditional fee-for-service payment model to value based healthcare is expected to be “painful” in the short term, but most experts…
The Healthcare Financial Management Association (HFMA) will highlight the healthcare revenue cycle at the HFMA 2018 Annual Conference. Previously named ANI (Annual National Institute), the revamped conference invites healthcare innovators, experts and finance leaders to attend on June 24 – 27 at the Venetian-Palazzo Sands Expo in Las Vegas, Nevada. With a mission to “transform…
Petaluma, Calif. (May 15, 2018) — Optio Solutions, a national debt collection agency, has promoted Kristoffer Antigua to the position of in-house counsel in the Legal department. Antigua joined the company in January 2015 as a collections attorney, and will continue providing pre-litigation and legal collections with responsibilities related to state and federal compliance such…
The National Association of Credit Managers presents the 122nd edition of the NACM Credit Congress & Expo June 10 – 13 at the Phoenix Convention Center. The annual event offers concurrent educational sessions, certificate examinations and a tradeshow for professionals involved with credit management, finance, technology, collections and more.
Petaluma, California (May 8, 2018) — Employees from Optio Solutions, a national debt collection agency, contributed to the 2018 Collectors Challenge by participating in dress down days for the entire month of April. Staff members in two Optio offices (Petaluma, Calif. and Fargo, N.D.) were joined by employees from affiliates CrossCheck (Petaluma and Irving, Texas)…
Effective medical collections procedures are essential in maintaining a thriving and profitable medical practice. To assist U.S. medical professionals and healthcare organizations, the American Medical Association (AMA) provides an extensive archive of practice management resources focused on the billing and collections process. The association’s website offers both open-access and member-only content. The Practice Management tab…
In 2016, a debt collection agency report by ACA International stated that nearly $67.6 billion was returned to creditors. For companies with delinquent consumer accounts, choosing one or more high performing agencies can play a crucial role in businesses success. Business owners seeking to add an agency can evaluate each company by nine key components…
The CRS 2018 conference (aka Collection and Recovery Solutions 2018) takes place May 9 – 11 at the Four Seasons Hotel Las Vegas and will feature workshops, keynote addresses, educational sessions, round-table discussions, networking opportunities and a tradeshow. Attendees include senior level creditors involved in collections, recovery operations and strategy from organizations such as collection…