Disruption is the new normal. And current buzzwords right now? Remote work, quiet quitting, and work-life balance. Making sense of broad trends can be difficult without proper context and analysis. This blog explores some of the most talked-about topics impacting...
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Capital Recovery Blog
RECENT POSTS
Capital Recovery Blog
How the Recent Bank Failures Will Impact the ARM Industry
The recent failures of the major banks have exposed vulnerabilities in the financial market. These institutions were handling hundreds of billions, many concentrated in sensitive areas. Their bankruptcies demonstrated the outsized risks these loan portfolios pose....
3 Major Challenges with Collections + Strategies to Overcome Them
In today's economic climate, businesses face unprecedented challenges in the collection process. From rising living expenses to changing consumer behaviors, it can be challenging to navigate the complex landscape of debt collection. But fear not because businesses can...
CFPB Reform Proposals on the Table: Potential Outcomes of the Legislative Bids
Battle lines drawn: As legislation aims to revamp the regulator, advocates square off over the soul of consumer finance regulation. The Consumer Financial Protection Bureau (CFPB) is tasked with regulating consumer financial products and services. Since its inception...
Consumers Behind on Bills in 2023
Unpaid expenses, unexpected bills, and income gap — this has been the financial rollercoaster many find themselves in 2023. And as everyday expenses soar, many Americans are reaching their breaking points. From credit cards to car loans, total household debt has...
Unlocking the Benefits: Why Medical Providers Should Outsource Business Office Functions
Healthcare is an industry where every moment counts — which is why medical providers are constantly on the lookout for ways to streamline operations and enhance patient care. One compelling strategy gaining momentum is outsourcing business office functions to...
Labor Shortages and Economic Trends in Healthcare
In the rapidly changing landscape of healthcare, a critical challenge is reshaping the industry as we know it: labor shortages. As the world wrestles with the aftermath of the pandemic, the demand for healthcare services has surged to unprecedented levels. Yet, behind...
ARM Industry Terminology in Healthcare
Healthcare providers need to have a solid grasp of Accounts Receivable Management (ARM) language, as it plays a pivotal role in ensuring accurate billing, effective patient communication, and keeping insurance companies in the loop. It also ensures that providers...
How to Eliminate Common Roadblocks in Your Revenue Cycle
Are you struggling to manage your revenue cycle effectively? Do you face common roadblocks that hinder your ability to operate efficiently and reach your collections potential? If so, you're not alone. Many healthcare providers face similar challenges when...