Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) is proud to announce that we have successfully achieved SOC 2 Type I compliance. This certification affirms our dedication to maintaining the highest standards of data security, availability, and privacy for...
RECENT POSTS
Capital Recovery Blog
RECENT POSTS
Capital Recovery Blog
Medical Debt Recovery Rates in National Healthcare A/R Management – Case Study
Background This case study examines a large healthcare system that sought to optimize its recovery rates on patient debt through both in-house collections (early out) and third-party collections. The healthcare system managed a diverse portfolio of patient accounts,...
Understanding the Statute of Limitations on Medical Debt: Compassionate Solutions for Debt Recovery
Medical debt is a burden that impacts millions of Americans, leaving many struggling to find financial balance. At Capital Recovery, we understand the emotional and financial strain this can cause—not only for the individuals carrying the debt but also for our...
Debt Collection Trends 2024: Emerging Patterns and Classic Approaches to Watch Out For
As much as the debt recovery industry has been undergoing a major overhaul in the last few years, 2024 has been even bigger. Artificial intelligence (AI) has become the backbone of collections, enabling hyper-personalized strategies and seamless customer experiences....
5 Ways to Leverage Consumerism for Enhanced Patient Care
The world of healthcare is undergoing a major shift, and it's all thanks to patients who are starting to think and act more like consumers. Gone are the days when patients accepted whatever financial arrangements their healthcare providers put in front of them....
When Health Comes at a Cost: The Growing Burden of Medical Debt in America
The skyrocketing cost of healthcare in the United States has given way to a troubling reality: 79 million Americans are struggling with medical debt or medical bills, forcing them to cut back on essentials like food, heat, or rent due to rising medical bills. ...
Why Do Debt Collection Agencies Get Sued?
The consequences of a lawsuit can be far-reaching for collection agencies, extending well beyond the immediate financial and legal repercussions. A single legal misstep can set off a domino effect, triggering increased regulatory scrutiny, diminished client...
How to Prevent Bad Debt: 5 Practical Ways for Businesses & Individuals
Debt can be a double-edged sword — it can provide the necessary capital to achieve your goals, but if left unchecked, it can quickly become an overwhelming burden that undermines your financial stability. Preventing bad debt is crucial to maintaining a healthy...
How the new Florida law on healthcare debt collection impacts you
Is the new Florida bill on healthcare debt collection giving you a headache? Don’t worry, Capital Recovery Corp can help you understand and navigate this new legislation! Background First, a little background: both houses of the Florida legislation recently passed a...