Overview

All claims are processed in accordance with the Fair Debt Collection Practices Act (FDCPA), Gramm-Leach Bliley Act, and the Health Insurance Portability and Accountability Act (HIPAA), where applicable. Our attorneys attend semi-annual seminars to keep abreast of the laws governing collection practices and privacy issues. These seminars are conducted by the New Jersey State Bar Association and various trade associations of which we are members.

Technology

Our collection software includes a separate module designed exclusively for medical collections. We are able to receive accounts through the Internet and various referral networks, giving us the ability to download accounts from your website or process them manually. Regardless of the transfer system, Faloni & Associates is capable of receiving and processing the accounts quickly and efficiently.

Collections

Our batch tracks consistently reflect our success in liquidating accounts prior to the initiation of a law suit, enabling us to increase our client's recoveries with the least amount of costs expended.

Faloni & Associates' experienced staff is well equipped to handle medical accounts from all provider sources. We have paralegals with more than 34 years of combined experience in both medical and legal collections. Our Collection Manager has 24 years of overall collection experience and 16 years working medical portfolios, taking an account from pre-suit collection through the litigation process, when necessary, and through the execution stages to assure our client receives the maximum return on their accounts.

Our collection paralegals work all accounts prior to and during the suit process in an effort to keep filing and court costs to a minimum. Pre-suit collection efforts and professional skip tracing/locate services are made at no additional cost to our clients.

Faloni & Associates' debtor database enables our accounts to be companioned under HIPAA guidelines with other medical clients. If a debtor has more than one account with the same client, we will combine the balances and institute one suit, saving our clients multiple court cost expenses. Our on-line computer system has the capability of tracking and reporting the status of an account from the collection stage through litigation.

Once suit is filed and the debtor is served, we will request judgment and then proceed with execution on that judgment. We can obtain a wage execution, an execution on personal and real property or a payout of income order. Our staff is well-trained in skip-tracing. Information subpoenas, reports from credit bureaus, tax assessors and the Division of Motor Vehicles are used to locate assets. We also utilize a professional third party asset location service.