Resources
NEW WEBINAR
The New Regulatory Environment: What Healthcare Providers May Not Know About Consumer Credit Law
As patients continue to pick up more of the financial responsibility for their healthcare expenses, healthcare providers are increasingly offering innovative payment options to help patients bridge that financial gap. At the same time, regulatory agencies and plaintiffs’ lawyers are increasingly focused on issues related to consumer accounts, disclosures, servicing, collections, and privacy. As Congress works to protect consumers from unfair credit practices, medical facilities risk being caught in the crossfire. Many providers are exposing themselves to increasing levels of regulation, risk, and potential penalties.
This important webinar, co-hosted by legal and compliance experts, identifies potential risks, explains the new consumer finance environment, and describes what healthcare organizations need to do to protect themselves.
Click here to view the webinar
Please register to view The New Regulatory Environment Webinar
WHITE PAPER
Consumer Credit Compliance for Healthcare Providers
In today’s economic environment, federal and state regulatory authorities have brought new levels of scrutiny into the enforcement of consumer credit practices in many industries – and healthcare providers are no exception. At the same time, many healthcare providers are offering extended payment options either internally or through early-out or collections vendors to help patients meet their increasing financial obligations. In the process, these providers are exposing themselves to increasing levels of regulation, risk, and potential penalties.
If you answer “yes” to any of these questions, you could be at risk.
- Do you – or a vendor – offer payment plans of four payments or more?
- Do you provide disclosures and billing statements to facilitate payments?
- Do you screen applicants prior to offering payment plans?
- Do you offer payment plans to out-of-state patients?
- Has it been longer than six months since you updated your employee training programs for consumer protection compliance?
Click here to download our complimentary white paper on this important topic.