FMA Alliance President Elected to BBB Education Foundation
FMA Alliance, Ltd. (FMA), is proud to announce that President Mike Janakes was recently elected to the Board of Directors of the Houston Better Business Bureau’s (BBB) Education Foundation. For over 40...
View ArticleHFMA, ACA Release Final Medical Debt Resolution Best Practices
Recommended best practices for managing patient debt created by the leading organizations of healthcare financial and accounts receivable professional have been finalized and released today. The...
View ArticleWhite Paper Reveals Three Key Trends within the Medical Industry
To better understand the distinctive needs of the medical industry, The Affiliated Group conducted a national quantitative research study with decision makers who were responsible for outsourcing...
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How Hospitals Should Treat Violations of 501(r): IRS Recommendations
April Wilson, RevSpring On January 13, 2014, the IRS released another memo about 501(r) for not-for-profit hospitals entitled “Notice 2014-3.” The purpose of this notice is to give tax-exempt hospitals...
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Overcoming “Moral Challenges” to Point-of-Service Collections
Derek Stein,RevSpring Employing point-of-service collections can be a drastic cultural shift for healthcare organizations. Even the word “collections” remains taboo in some segments of the healthcare...
View ArticleThe Two Pillars of Partner Compliance: Transparency and Information Security
This is the second of two parts dealing with compliance and your partners. You can read part one, “Compliance and Your Partners: Is Everyone Doing Their Part?” by clicking here. The US Department of...
View ArticleHospitals Ask Feds to Treat Medical Debt Differently
The American Hospital Association wants the federal Consumer Financial Protection Bureau to know that medical debt is unlike other consumer debt and should be treated differently. Since November the...
View ArticleComment Period on Penalties for Violating IRS 501(r) Closes Tomorrow
Now is the time to get your comments in on proposed penalties on not-for-profit hospitals that violate regulations under Internal Revenue Services 501(r) regulations. Healthcare providers and other...
View ArticleGrowing Bad Debt Is Not the Disease, But the Symptom — Part 1
Even in today’s highly charged economic climate, there are some healthcare providers who outwardly appear to accept bad debt as a fact of life; others attempt to solve it by throwing more money at it,...
View ArticleGrowing Bad Debt is Not the Disease, but the Symptom–Part 2
If growing bad debt is an alarming challenge for your organization, the root cause exists somewhere upstream in your business processes. Addressing growing bad debt requires a wholistic approach, not...
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