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Healthcare Credit Ratings

Rivkin Radler LLP

CT New Law Alert: Medical Debt Cannot be Reported to Credit Agencies

Rivkin Radler LLP on

Connecticut Governor Ned Lamont recently signed a new bill into law that prohibits healthcare providers from reporting patients’ medical debt to credit rating agencies. The law goes into effect on July 1, 2024. In addition,...more

Ankura

How Health Systems Can Use Financial Metrics to Inform Real Estate Capital Management Decisions

Ankura on

Today, maximizing the use of your limited capital is especially important because: margins continue to be squeezed, access to capital has become more difficult, the cost of capital continues to rise, the cost of...more

Ballard Spahr LLP

CFPB issues report on how medical debt impacts credit scores

Ballard Spahr LLP on

According to a report issued yesterday by the CFPB entitled “Data point: Medical debt and credit scores,” credit scoring models may be overly penalizing consumers with medical debts that go into collection by producing credit...more

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