Posts Tagged ‘Collections’

eChapter Unit 9: Patient Billing and Collections

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Question by Brett B: Can you be sent to collections if you are paying at least monthly towards you medical bill balance?
I have heard that medical providers are not allowed to send you to collections provided you are consistently paying a small amount to pay off services you have already received. My sons doctor dropped our insurance “in network” and we have some big bills out there.

Best answer:

Answer by Andrea T
Your best bet is to speak to whoever you owe the money to and work out a payment plan with them. Don’t assume that $ 25 a month will suffice.

I don’t know if they’ve established any kind of law with regard to this but I know a local hospital got all kinds of bad press several years ago because they put liens on people’s houses.

Just talk to who you owe.

Billing and Collections Best Practices by Steven M. Bragg (Hardcover – John Wiley & Sons Inc.) Best Prices

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Remove medical collections from credit report BY:Author Michael Malloy

How to Remove Medical Collections From Credit Report

Remind the creditor of HIPAA (Health Insurance Portability and Accountability) laws. By law, creditors can report unpaid medical accounts as this does not violate your privacy. If you have paid your account in full, however, this is a privacy violation that you can contest.

Removing medical collections from your credit report that are negatively affecting it will help to improve and raise your credit score. This is a tricky situation, and there is not always just one answer to fix it. Sometimes you can get a negative collection removed, and other times it is impossible. Working with the creditor is the first step to improving your credit report. There is also help available through The Credit Physician. It is important to request your credit report each year from each of the three reporting agencies. This helps to ensure that your information is correct and also gives you a chance to clean up a poor report.

Assessing and Improving Billing and Collections (Mixed media product – Amer Medical Assn) Top Deals

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www.kareo.com Web-based medical billing software from Kareo helps you get paid faster and improve your productivity by streamlining your entire medical billing and collections process. You can enter charges, check coding, send insurance claims & patient statements, post payments, print reports, manage denials & collections, load fees & contracts, scan documents, and more. Collections management helps you improve cash flow by managing your collections process and following up on accounts receivables quickly. You can track and enforce insurance contracts, manage patient collections, and use advanced accounts receivable reporting. By tightly managing your patient and insurance collections process, you’ll get paid faster and improve your practice’s cash flow. For more information, visit: www.kareo.com
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