Effective November 30, 2021, the Consumer Financial Protection Bureau (CFPB) enacted a new federal debt collection rule known as Regulation F. The recent legislation aligns with the Fair Debt Collection Practices Act (FDCPA), which addresses consumer rights while imposing certain requirements for active debt collectors. Regulation F consists of two distinct rules. First,…
Blog Posts
Ensuring Compliance with the HHS No Surprises Act
The start of 2022 will usher in new legislation from the Department of Health and Human Services (HHS) to protect patients from receiving unforeseen bills from out-of-network (OON) providers. Effective January 1, 2022, the No Surprises Act essentially bans OON providers from billing insured patients an amount greater than if they had been treated…
The Link Between Quality Assurance, Education, Impact & Value
The Link Between Quality Assurance, Education, Impact & Value Studies show that the pandemic continues to negatively impact the financial health of our nation’s hospitals and health systems’ operational processes. Now is the time for health systems to routinely assess operational processes, identify gaps in productivity, and enact measures to boost revenue cycle management performance…
SSG Sub, LLC Is Now Savista
New name marks company moving forward as a healthcare revenue cycle services business independent from nThrive ALPHARETTA, Ga., June 21, 2021 SSG Sub, LLC, formerly nThrive, Inc. Services Division, announced today a new corporate brand identity, Savista, and introduced the new name, logo, and ‘spark’ icon. Savista leverages its more than 30 years…
Want to reduce AR days and bad debt? Empower patients with more choices
What can health care organizations do to shorten Accounts Receivable (AR) days and prevent bad debt, especially now that an estimated 30 percent of their revenue is dependent on patient payments? On the surface the answer seems simple: Get patients to pay earlier and prevent their accounts from going into bad debt collections. Of…
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