Collections Articles and topics that impact the industry

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.

An office name plate says "IRS" with a person sitting at a desk holding a magnifying glass and auditing papers

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

A wooden gavel in a courtroom with the American flag and Virginia state flag behind it

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

A doctor with a blue stethoscope hanging behind his neck holds up his index finger pointed at a shield with a check mark imprinted in it

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

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FCC Makes AI Robocalls Illegal

Three key points: The FCC made a declaratory ruling to make AI robocalls illegal. This will affect bad debt agencies using AI robocalls. Americollect does

Atop a dark wooden table is a brown book , a judge's gavel, and a red stethoscope

California Medical Debt Reporting Bill

Update 10/11/2024: In late September, a new California Medical Debt Reporting bill was released that aims to block creditors and collection agencies from sharing medical

A judge's wooden gavel is sitting atop the Florida state flag

Florida Legislature Passes Medical Debt Reform with HB 7089

6/18/2024 Update: Medical debt collection in Florida was impacted recently when HB 7089 was signed into law by Governor Ron DeSantis on May 10, 2024.

A woman is sitting in her home at the kitchen table while on the phone looking at her credit card and her laptop in front of her on the table

The Answer to Improving Medical Billing ROI with Phone Calls Whitepaper

Is your facility looking to improve ROI — specifically in the medical billing department? Look no further! In this whitepaper, we delve into how we

A man in a suit is sitting at his desk with his fingers interlocked atop a clipboard with a pen, a gavel next to him

Minnesota Debt Fairness Act Introduced

In February of 2024, lawmakers in Minnesota introduced a proposal for consideration, called the Minnesota Debt Fairness Act, kicking off the legislative session for the

A doctor in a white coat has a blue stethoscope around his neck and is holding two blue credit cards in his hand

Healthcare Win: $5B+ Visa/Mastercard Interchange Fee Settlement

3 key points: A class action settlement approved $5.54 billion in interchange fee refunds. The settlement is for merchants that accepted Visa and MasterCard during

A gavel sits atop a leather book on a wooden table with a stethoscope next to the book

Virginia Statute of Limitations FIFO Quandary

Key Points: The Virigina House passed HB 34 in January. Reduces the statue of limitations (SOL) to three years and expands the definition of medical

A senior couple wearing neutral colors are sitting on a couch and reviewing paperwork

Complaints on Surprise Medical Billing

Key Points The CFPB is spotlighting medical debt collection. There are many reasons that patients complain about their medical bill, including surprise medical billing. Americollect

A male doctor is sitting next to an elderly patient who is laying on a hospital bed.

HHS, CMS Now Focusing on EMTALA Patient Rights

In late January of this year, the Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) launched a