October 12, 2017
Significantly overdue invoices are a problem in many industries. There are several things you can do to increase the likeliness of getting paid promptly for the products you sell. Every one of these can have an impact on your organization’s... Read Full Article
August 10, 2017
Whether to hire a lawyer or collections agency is not an “either / or” question but rather one of the correct sequence. We recommend giving your significantly overdue accounts to a collections agency first. There are several reasons for... Read Full Article
July 3, 2017
Alacrity Collections Corporation, a Maryland-based collections agency specialized in improving cash flow through collections on behalf of its clients in the Mid-Atlantic region and beyond, celebrated its 35th anniversary on July 1st. Alacrity primarily assists clients in the healthcare field... Read Full Article
June 19, 2017
As with many questions, the answer to “when do you need a collections agency” is “it varies.” It really depends on several points. Here are four of the most important reasons why a business or practice owner should... Read Full Article
February 18, 2016
Following up on our previous article where we highlighted the importance of healthcare provider compliance with collection regulations, we have a brand new case where a medical group allegedly lacked prior express consent before contacting a patient per the TCPA... Read Full Article
February 1, 2016
We are proud to announce that our founder and president, Susan Hayes, has been appointed to serve a fifth consecutive term on the Maryland Collection Agency Licensing Board. Her achievement has been recognized in the January 16, 2016 issue of... Read Full Article
January 16, 2016
If your institution is collecting from patients, you must understand the draconian consumer protection regulations. The first step is hiring a medical debt collection firm that specializes in these laws and has a 100% clean resume for compliance.
November 23, 2015
The healthcare industry is changing rapidly. Regulations like the Affordable Care Act (ACA) and ICD-10 coding, as well as increased patient responsibility add challenges to an already low profit margin industry. Here are the 5 hot issues in healthcare right now.
October 28, 2015
What is the difference between charity care versus bad debt? This distinction requires increased attention in the ever-changing regulatory environment of healthcare institutions.
October 14, 2015
Healthcare providers face numerous challenges in today’s environment. One of the biggest challenges involves reducing costs without affecting quality of treatment and service. Failure to meet the patients’ demands for quality healthcare and service will threaten the financial viability of ANY hospital... Read Full Article