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Home Daily Digest

Daily Digest – July 27. Execs Share Ideas to Improve Collector Performance; Amount of Medical Debt in Collections Decreases With Age: Study

mikegibb by mikegibb
July 27, 2018
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The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

EXECS SHARE IDEAS TO IMPROVE COLLECTOR PERFORMANCE

  • If you could snap your fingers and immediately make one change that would attempt to make your collectors better at their jobs, what would it be? One potential answer is to give your collectors cooties.

 

AMOUT OF MEDICAL DEBT IN COLLECTIONS DECREASES WITH AGE: STUDY

  • An interesting thing happens to people around the age of 62 or 63 years old, according to the results of a new study. While the amount of money spent on medical care is on the way up when individuals hit that age bracket, the amount of medical-related collections is actually on the way down, according to the study, which analyzed the credit reports of 4 million individuals.

 

HEALTHCARE ORGANIZATION PAYS OFF $1.4 MILLION IN MEDICAL DEBTS

  • A group of doctors in and around Kansas City, Missouri, have donated $11,000, which was used to purchase and forgive nearly $1.5 million in medical debts for 784 individuals in Kansas and Missouri, according to a published report. The purchase and forgiveness was facilitated by RIP Medical Debt.

 

NOBLE SYSTEMS SUING COMPETITOR FOR PATENT INFRINGEMENT

  • Noble Systems has issued a press release announcing details of a lawsuit it filed last year alleging that Acqueon Technologies, Inc. has infringed on Noble’s patents related to the company’s compliance module for the Telephone Consumer Protection Act.

 

WORTH NOTING: The remains of 55 servicemen who died during the Korean War are finally coming home … How Alan Shepherd managed to hit the most famous golf shot in history … Why you forget names immediately and how to remember them … Papa John sues Papa John’s … Face-matching software from Amazon mis-identified 28 members of Congress as criminals, according to a study … The United States is the most dangerous place in the developed world in which to give birth … Why being nice at work can backfire badly … President Trump knew about a key meeting with Russian individuals prior to the 2016 election, his former lawyer now claims … A huge wildfire is raging through Northern California … More companies looking for workers are hiring people with disabilities … The office messaging wars are over and Slack is the winner … People are using dating sites to find work … Are you ready for this weekend’s lunar eclipse?

How much water should you drink every day?

Why the moon will look red this weekend

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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