Submitted By
Steven Drazner, CFO
Reviewed By
LKS
Agenda Item Title
Title
A Resolution Approving a Collection Services Agreement with Northwest Collectors Inc. to Provide Debt Collection Services for Non-Resident Ambulance Service Delinquent Balances and Authorizing its Execution
End
Overview
Overview
This item was tabled at the January 29, 2019 in order to provide more information. The Village Fire Department provides ambulances services as outlined in code sections 4-1-1 through 4-1-15. The Village is typically compensated for providing such services from Medicare, Medicaid, or private insurance (or a combination thereof). Per the code, any billed amounts not covered by public or private insurance are written off for residents. However, non-residents who are only covered by private insurance (not Medicare or Medicaid) are responsible for the full billable amount, including any such amounts not covered by insurance. This agenda item is for collection services for delinquent balances.
Body
Staff Recommendation
Approve the Resolution.
Fiscal Impact
No impact to the budget. Fees will be paid on a contingency basis and deducted from any delinquent amounts collected.
Background
The Village uses the services of Andres Medical Billing (AMB) for all ambulance billings, however, the company does not provide collection services on delinquent accounts. Rather, AMB partners with several debt collection agencies which specialize or have experience with collecting delinquent ambulance account balances.
The billing company used by the Village, Andres Medical Billing, Ltd. (AMB), is holding on to various receivables for non-resident services but no action to collect such amounts has been taken up to this point. It is Staff recommendation to hire a debt collection agency experienced with ambulance receivables to recover delinquent amounts for services provided to non-residents.
AMB referred four of these debt collection agency candidates to the Vill...
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