Despite the growing optimism among U.S. consumers about the economy and their personal finances, the rising debt from unpaid student loans, auto loans and credit card balances over the last 18 months should be disconcerting to all financial institutions, including community banks and credit unions. Thus, the importance of maintaining judicious loan practices and effective…
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The perfect storm of circumstances is challenging energy industry accounts receivable as the result of nationwide trends, some as old as a decade. These developments are fueled by the one-two punch of a demanding industry landscape and increasing consumer debt that is reducing revenue. The latter is especially disconcerting because consumers are triaging their debt…
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CRS 2018, a conference for the collection and recovery industries, was the center of attention for senior level creditors involved in collection, recovery operations and strategy on May 9 – 11, 2018 at the Four Seasons Hotel Las Vegas. The trade event featured workshops, keynotes, concurrent seminar sessions, round-table discussions, networking opportunities and an expo…
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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…
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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.
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…
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