Debt Collection

PSC is a Treasury-designated debt collection center providing a full range of debt management and collection services that cover virtually all types of receivables./p>

Services offered include:

• Accounting support
• Administrative wage garnishment
• Credit bureau reporting
• Credit card processing
• Custom letters, account statements, and billing statements
• Lockbox facilities
• Paper check conversion deposits
• Referrals:
  • Delinquent accounts to commercial debt collection agencies
  • Debts to the Department of Justice (DOJ) for enforced collection
  • Debts to the Treasury Offset Program (TOP) for administrative offset
  • Debts to Treasury for cross-servicing
  • Medicare and Medicaid participation exclusion
• Reporting – Regulatory and ad hoc
• Internal Revenue Service (IRS) 1099C and 1098E reporting

Offered to:

HHS

Performance:

95% of delinquent debts will be referred to TOP within 180 days of the date of delinquency (assumes proper due diligence).

95% of eligible health profession debts will be referred to the Office of the Inspector General for exclusion from participation in Medicare within 60 days of request from DOJ.

100% of Form 1099Cs will be issued to eligible health profession debtors, and the debt that is written off will be reported to the IRS by the due date.

95% of all collections will be deposited with Treasury within one (1) business day of receipt.

100% of Quarterly Treasury Reports on Receivables for Collections will be prepared accurately and transmitted to Treasury within one (1) business day of receipt.

Rate:

$230.49 per hour

Contact:

301-443-2990; matthew.zakielarz@psc.hhs.gov