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RMAI Update August 2024

RMAi Blog

The bill would broadly define medical debt to mean “a debt related to, in whole or in part, a transaction, account, or balance arising from a medical service, product, or device.” RMAI has been opposing this bill since 2014 when it was first introduced. If passed, the bill would take effect on January 1, 2025.

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ACH Transactions: What Small Business Owners Need To Know

Lendio

What are Automated Clearing House (ACH) transactions? Essentially, it is the method banks use to send money between accounts electronically. ACH is maintained, developed, and administered by the National Automated Clearing House Association (NACHA), a nonprofit funded by the financial companies that use ACH. In 2019, some 24.7