Did you know that growing healthcare, totaling $140 billion, is the fundamental cause of debt for American families? A substantial chunk of this is due to surprise billing! One-third of insured people report receiving an unexpected additional charge in the past two years.  A lot of people are worried about being able to pay for their medical bills. Even more

Did you know that the most common cause of bankruptcy is medical debt rather than poor spending habits? Compared to other countries, the United States spends the most per person on health care. We understand that as a medical healthcare professional, your top responsibility is to provide the best possible care to your patients. If you have

Two-thirds of bankruptcy filings in the United States are the result of high medical bills. If you run a medical practice, collecting medical debt can be a daunting task, especially if there is an existing past due balance.   While there’s no single solution to collecting payments on patient bills, we’ll cover some proven tips on

In 2019, 60 percent of debt collection revenue came from nonfinancial debts like utilities. Collecting on overdue accounts is critically important for municipalities. Municipal debt can leave your city or county with budgetary problems. You want to recover the money your customers owe you. How can you collect these debts more successfully? Learn more here

Did you know that the average amount of debt for Gen X is $140,643 and for millennials is $87,448 in 2020?   With debt owing, increased expenses, and a fluctuating job market, repaying debt can be difficult for some people. Unfortunately, you need to get paid to be able to run your business. This is where

In the perfect world of business, payment gets tendered at the time of the exchange. Since we live in a society where credit is vital to the success of many industries, you may need a debt collector to recoup funds. Debt collection is a process business owners don’t want to deal with. Their employees are there

Are you in the dentistry field? Perhaps your account receivables have accumulated and are fouling up your cashflows. If so, then working with dental collection agencies is invaluable. Whether for private practices, dental groups, or dental service organizations, the right debt collection agency can help you recover debts. But you don’t want to soil your

People often believe that businesses are greedy, seeking to prey on customers to fatten their wallets. However, any business owner will tell you that corporate revenue doesn’t all go to the men at the top. It pays bills, debts, and salaries for all the workers. For this reason, if you run a business and your

Professionals in the medical field provide an essential service for the people they see. There’s nothing more rewarding than being able to help a patient, but problems can arise when it’s time for them to pay.  It’s no secret that medical care can cost a considerable amount of money. Patients who become delinquent on payments can be difficult

Although total medical debt has declined across the U.S. since the great recession, still an astounding 79 million Americans have medical bills or medical debt problems. This number is why so many medical offices have turned to collection agencies for help with debt recovery. However, there are many more reasons to hire a medical collection