Chicago – July 14, 2014 – The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, State Collection Service, Inc. has once again achieved the "Peer Reviewed by HFMA®" standard for its Healthcare Bad Debt Recovery Service.
State Collection Service’s Healthcare Bad Debt Recovery Service covers all aspects of bad debt recovery, from primary and secondary placements through the legal process. It was built utilizing healthcare-specific processes to better serve the healthcare industry and its patients.
“We are extremely excited to continue our HFMA Peer Review designation,” said Terry Armstrong, President of State Collection Service, Inc. “Over the past 65 years, State Collection Service has committed itself to providing top-notch solutions to healthcare providers around the country. The fact that HFMA, the healthcare finance industry’s leading association, continues to recognize this commitment is icing on the cake. Renewal of this designation simply encourages us to continue providing the high level of service our clients and their patients deserve.”
HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
"We’re pleased to have State Collection Service, Inc. renew their HFMA Peer Reviewed designation," says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. "The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed product or service meets an objective third-party assessment of overall effectiveness, quality, and value."
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care.
About State Collection Service, Inc.
Since 1949, State Collection Service has provided quality collection service to countless healthcare organizations. Through experience and innovation, State Collection Service has grown to become a tremendously credible and nationally-recognized collection agency offering services from pre-registration to bad debt. These many long-term partnerships are a tribute to our service, integrity, and results.
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