News & Analysis as of

U.S. Treasury Financial Assistance Policies

Sheppard Mullin Richter & Hampton LLP

CFPB, other Federal Agencies Seek Public Comment about Medical Debt

On July 7, the CFPB, HHS, and Treasury announced a joint inquiry into high-cost specialty financial products which are being offered to patients as alternate forms of payment for routine medical care. Traditionally, these...more

Dentons

It’s Time to Give Your Patient Finance Program a Check-Up

Dentons on

On July 7, 2023, the Consumer Financial Protection Bureau, U.S. Department of Human Services, and U.S. Department of Treasury (collectively, the “agencies”) launched an inquiry into high-cost specialty financial products...more

Troutman Pepper

Federal Agencies Launch Inquiry Into Medical Payment Products

Troutman Pepper on

On July 7th, the Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services, and the U.S. Department of Treasury (collectively, the agencies) jointly issued a Request for Information (Request)...more

Ballard Spahr LLP

CFPB, jointly with Dept. of Health and Human Services and Dept. of Treasury, issues request for information regarding medical...

Ballard Spahr LLP on

In advance of a hearing scheduled for today on medical billing and collections in which the focus will be medical payment products such as medical credit cards and installment loans, the CFPB, jointly with the U.S. Department...more

Sherman & Howard L.L.C.

Consolidated Appropriations Act, 2021: Key Real Estate Provisions

On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (CAA 2021), a spending bill that includes economic stimulus relief related to the novel coronavirus disease (COVID-19) outbreak....more

K&L Gates LLP

Final Rule Sets Out Detailed Requirements for Charitable Hospitals

K&L Gates LLP on

On December 31, 2014, the Treasury Department and the Internal Revenue Service (“IRS”) published a final rule (the “Final Rule”) implementing the requirements in Internal Revenue Code Section 501(r) for tax-exempt hospitals...more

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