There has been an explosion of data science* and machine learning** tech designed for ARM / collections companies and those companies are definitely paying attention. According to a 2020 trends survey from Interactions, over half of ARM participants think of themselves as “innovative” or “disruptive.” What most companies mean by this is that they have invested (or would like to invest) in the tools that define "innovative" and "disruptive" in 2021: data science, machine learning, and AI.
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Yesterday, we told you about a lawsuit that had been filed challenging the constitutionality of Nevada's new medical debt collection law (SB 248) which goes into effect July 1, 2021. The lawsuit asks the District Court of Nevada to declare SB 248 is unenforceable and grant preliminary and permanent injunctive relief. Yesterday afternoon the federal court set some deadlines related to the filing.
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Earlier this month, the State of Nevada passed a law to regulate medical debt collection (SB 248). The hastily passed new law, which goes into effect July 1, 2021, is, as we say in the south, clear as mud. Of course, some might say using the word “clear” in the same sentence as SB 248 is too generous, and they wouldn’t be wrong.
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