A White Paper : How Statistical models can improve Medical Debt Collections

A white paper done by SunGard’s Avantgard, a provider of statistical scoring and corporate liquidity solutions shows how statistical models can improve medical debt collections. SunGard writes that statistical modeling triggers scores that can accurately predict payers and the amount to be collected. This enables healthcare providers and medical debt collectors devise a more targeted and…

Debt Collectors love Las Vegas!!

Las Vegas is a favorite destination for gamblers and couples for quick weddings. These days it has also become a paradise for debt collectors. In Sin city the percentage of people who have fallen behind on debts is 50%. These have been turned over to debt collection agencies for collection. Read More.. Source: Vocativ ,…

Proposed Debt Collection Regulations for New York revised – Buckley Sandler

The New York Department of Financial Services has revised a rule that will regulate third party debt collection. Here is one of the sections from the revised proposal –  describes the disclosures that debt collectors must provide to consumers when the debt collector creates initial contact with the consumer and the additional disclosures that must be provided when the…