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Revenue Cycle

OIG Issues favorable ruling on RIP Medical Debt
By David H Levien
Posted on 8/2/2020 4:06 PM
RIP Medical Debt can improve the quality of life for people accustomed to paying their bills yet crushed by overwhelming debt. The ACHT believes this is a salutary development. Jerry Ashton, 

Co-Founder, RIP Medical Debt writes  "RIP having achieved a momentous opinion from HHS.

The Office of the Inspector General opinion follows a request filed by RIP Medical Debt to expand its medical debt forgiveness program. OIG in its opinion letter says that when RIP works with health systems and large physician groups that donate or sell their bad debts to RIP, states will not impose sanctions under federal anti-kickback or civil monetary penalty laws. Before the opinion, RIP was only able to buy medical debt  from commercial debt buyers that hospitals and physicians sold previously sold their debt to. Now, RIP will be able to ramp up its direct engagement with providers. This means that our supporters who have C-Suite or Board contacts at hospitals in their home areas can make introductions and further the opportunity of relieving debt in their cities and states.

See article in Beckers
RIP Website

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