Articles
The latest collection articles and topics impacting the industry
At Americollect, we are dedicated to being a resource where you can obtain collections articles and information on all the latest topics impacting the industry.
Illinois HB5290 and SB2933 Add to Medical Debt Legislation
In July of 2024, Illinois Governor JB Pritzker signed a pair of bills that will impact medical debt in Illinois. HB5290 creates the Medical Debt
Colorado SB24-116 Discounted Care for Indigent Patients
In late May of 2024, Colorado Governor Jared Polis signed Colorado SB24-116, “Discounted Care for Indigent Patients” into law, which was designed to help address
Maine LD 2115 Enacts Medical Debt Collection Reform
A new Maine law, Maine LD 2115 focused on medical debt collection reform was signed by Governor Janet Mills in April and will take effect
Rhode Island S 2709 Shakes Up Medical Debt Reporting
Rhode Island became the latest state to jump on the medical debt reporting bandwagon when Governor Daniel McKee signed Rhode Island S 2709 into law
The Power of Medical Billing Reconciliation
Main Points Medical billing reconciliation is important for successful revenue recovery. Americollect has a dedicated medical billing reconciliation team with a goal of over a
MN Governor Signs Debt Fairness Act Minnesota SF 4097
On May 21, 2024, MN Governor Tim Walz signed the fast-tracked bill, Minnesota SF 4097, into law. Though there are significant changes that will impact
Connecticut’s SB 359 Impacts Medical Debt and Credit Reporting
Connecticut joins a growing list of states that have passed legislation making it harder to collect medical debt with SB 359. On May 9, 2024,
New Proposed CFPB Rule Removes Medical Debt Credit Decisions
Key Points: 1. The CFPB has announced a NPRM (Notice of Proposed Rulemaking) with a focus on medical debt. 2. This rule would cause more
New York Healthcare Bill Broadly Impacts Financial Assistance, Medical Debt Collections and More
Major changes that will impact the way New York healthcare entities deal with medical debt collection practices and financial assistance programs, along with a laundry
Are You Prepared for an IRS 501r Audit?
Three main points: The TIGTA listed 501r audits on its 2024 Annual Audit Plan. Most audits are remote, but on-site audits happen when there is
Virgina Medical Debt Credit Reporting Law Passed
On April 8, 2024, Governor Glenn Youngkin signed HB 1370 into law, placing prohibitions on Virginia medical debt credit reporting. It prohibits “certain medical care
Health Care Cybersecurity Act
Three main points: The Change Healthcare cyberattack has had a major impact on the entire healthcare industry. The Health Care Cybersecurity Improvement Act of 2024