Practice Management

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  • 1.  Collection Agency

    Posted 12-20-2022 18:31
    Good afternoon,

    Our business office is in search of a new Collection Agency. 

    With the inability to report medical debt under $500, It would be very helpful to know what the RBMA community recommends when it comes to referring medical debt to a collection agency.

    Thank you,
    Kim


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    [Kimberley] [Moreno, RCC]
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  • 2.  RE: Collection Agency

    Posted 12-21-2022 08:22
    Although agencies have chosen to not report balances under $500 (for credit scoring purposes), this does not prevent or limit the placement (& attempted recovery) of accounts. For our Practices, it's business as usual. 

    Jason Cavallaro, MBA, CPC, CMPE
    Executive VP Practice Management 
    Medical Billing & Management Services, LLC


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  • 3.  RE: Collection Agency

    Posted 12-21-2022 08:41
    Just a note here Jason, it's not the agencies that have chosen not to do this. Myself and my Chief Compliance Officer are speaking on this topic at the Delta States Chapter Conference in February. This is 100% done by the three credit bureaus with no oversight at all.

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    Billy Rowlee
    Chief Revenue Officer
    Radiologybill
    Richmond IN
    (765) 598-5601
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  • 4.  RE: Collection Agency

    Posted 12-21-2022 08:56

    Hi Billy. Yes, I inadvertently referenced "agencies" vs the Credit Bureaus.  

     

    Regards,

     

    Jason Cavallaro, MBA, CPC, CMPE

    Executive Vice President of Practice Management

    Medical Billing & Management Services, LLC

    P 203-383-0389

    jcavallaro@mbms.net

    http://www.mbms.net

     

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    This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

     






  • 5.  RE: Collection Agency

    Posted 12-21-2022 09:00
    Yes, you are correct Billy.
    I inadvertently referenced "agencies" vs the three Credit Bureaus.

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    Jason Cavallaro, MBA, CPC, CMPE
    Executive VP Practice Management
    Medical Billing & Management Services, LLC
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  • 6.  RE: Collection Agency

    Posted 12-21-2022 18:51
    Thank you to those that have reached out, I will be in touch to set up a call to further this discussion.  

    It's business as usual for us as well, so frustrating!

    Thank you,
    Kim

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    [Kimberley] [Moreno, RCC]
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