Healthcare AR Management
Commercial AR Management
Insurance Overpayment Recovery
I In 1977, the Federal Debt Collections Practices Act (FDCPA) was established by Congress to enforce regulations on debt collection companies and how they interact with consumers. The FDCPA also creates a level playing field for debt collectors who play by the rules....
Millennials are the most indebted generation in the United States. They look like they've got a lot going on, but they live in numerous debts. According to a survey by Real Estate Witch, an average American millennial has more than $100,000 worth of debts. Only 8%...
According to NPR, more than 100 million people in the United States are affected by medical debt. Looking at the statistics, you can see that medical debt is causing lingering financial problems for people. And the surprising part is that having coverage doesn't...
We're living in a time where we have access to more information than ever. We can research anything we want, at any time, from anywhere. This has led to an influx of data educating healthcare consumers to become information-savvy with more expectations and evolved...
The economic realities facing American families have become more challenging in recent years, with increasing unemployment and slow income growth potential. To make matters worse, the issues of healthcare coverage and medical bills are becoming a leading cause of...
Private collection agencies (PCAs) are a big part of the debt collection industry and play an essential role in helping creditors recover their money. Businesses or government organizations can use these agencies to collect past-due payments from their customers. ...
Medical bills in the United States are one of the leading causes of bankruptcies. According to the Kaiser Family Foundation, 100 million adults in the United States owe healthcare debts. 50% of Americans can't afford to pay healthcare bills without incurring debts,...
Outsourcing debt collections is a practice that has been gaining momentum among creditors lately. The benefits of this approach are numerous: improved customer experience, cost savings, time savings and most of all, better recovery rates. Not to mention the...
The debt collections industry is evolving at a rapid pace, with revenues standing at $14.99 billion in the US and expected to hit $16.7 billion by 2025. Several factors are responsible for this, including the emergence of new debt collection regulations and changing...