Consumer Credit Fairness Act: Are You Properly Prepared to Handle Collection Cases?

The New York Consumer Credit Fairness Act (CCFA) (enacted April 1, 2022), was intended to strengthen consumer protections by requiring debt collectors to be more honest and transparent in their communications. However, the law has significant implications for nursing homes seeking to collect amounts they are owed for services rendered. 



One of the most crucial changes enacted by the CCFA is the establishment of a three-year statute of limitations for claims arising from a consumer credit transaction. Previously, these claims were subject to a six-year statute of limitations as a breach of contract claim. With the new, shorter statute of limitations in effect, it is even more critical for nursing homes to refer cases for collection in a timely manner or risk termination of collection rights. 

Navigating Cross Currents: U.S. Economic Outlook & Impacts

First American colleagues recently reflected on the state of the U.S. economy and discussed potential impacts—utilizing research and insights from City National Rochdale, RBC Economics, and a presentation given by Gerard Cassidy, Managing Director at RBC Capital Markets. Explore key takeaways from our discussion: 

What would You Do With $10,000?

Value First is running the 5-Star Sweepstakes and your organization could win one of five $10,000 prizes. What would you do with $10,000? Maybe replace aging equipment or throw a staff party. The choice will be yours if you win one of the five grand prizes. Participating in the drawing is simple:

·     Members currently utilizing the Value First food program can enter by submitting the online form at www.value1stonline.com/drawing-form-page



·     Members that are not currently utilizing the Value First food program can enter by submitting the online form at www.value1stonline.com/drawing-form-page along with submitting one month of food purchase data so Value First can run a cost analysis.

Using Telehealth Services in the SNF - “Value of PT” 

Each year in October, physical therapy services are celebrated throughout the United States by the American Physical Therapy Association (APTA). The theme

for this year is the “Value of PT.” Preferred Therapy Solutions (PTS) realizes the “Value of PT” is beyond measure.

The benefits this profession has provided are life-transformative. As we consider the invaluable role of physical therapists, physical therapy assistants, and students that provide rehabilitative therapeutic care, across various settings from Skilled Nursing Facilities (SNFs) to Outpatient and Wellness Centers, we must

recognize and celebrate the use of telehealth services.

Did you know the first medical-telehealth communication was established at the University of Nebraska in 1959, using a two-way television transmitting to medical students? Its popularity did not evolve until the 1960s and 70s in rural areas where there was limited access to healthcare affording people to access medical specialists. It was in 2014, that telehealth became endorsed by the House of Delegates of the American Physical Therapy Association (APTA) as an appropriate service delivery method when provided in a manner consistent with the APTA positions, standards, guidelines, policies, and procedures.