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Guide to Credit Reporting Medical Debt
Understand your responsibilities as a data furnisher.
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This information is not intended to be legal advice and may not be used as legal advice. Legal advice must be tailored to the specific circumstances of each case. Every effort has been made to assure this information is up-to-date as of the date of publication. It is not intended to be a full and exhaustive explanation of the law in any area, nor should it be used to replace the advice of your own legal council.
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What's in the guide?
Guide to
Credit Reporting Medical Debt
The Basics
Get answers to frequently asked questions surrounding credit reporting, including credit basics and important process facts.
The Effects
Understand the impact of credit reporting on your patients and your healthcare organization.
The Requirements
Learn your responsibilities as a data furnisher under the Fair Credit Reporting Act's Furnisher Rule.
The Decision
Decide whether credit reporting is right for your organization.
"I'm continually impressed by the principles of RMP - from the leadership down to the collectors. They use these principles as a foundation for the way they conduct themselves and their business, which leads to successful results for their clients."
STEPHEN RUSSELL, DIRECTOR OF PATIENT ACCOUNTS, DEACONESS HEALTH SYSTEM
Whether to credit report past due accounts is a business decision every healthcare organization must make. This guide is a tool for better understanding the impacts and requirements behind this highly regulated, but effective, process.
Ultimate Checklist for Avoiding Claim Denials
Follow this comprehensive checklist when submitting insurance claims to improve claim denial rates.
Guidelines for Managing Write-Offs
Pinpoint unneccesary write-offs, and follow these guidelines for managing them, and strategies to avoid them altogether.
Steps for Collecting Throughout the Revenue Cycle
Follow this patient collections timeline to improve revenue and the patient experience.
Elements of a Collections Culture
Identify the key elements of a culture that promotes patient collections and get tips to implement them in your practice.
Responsibilities, Rights & Results