facebook

5 Shocking Ways Your Credit Score Suffers from Unpaid Medical Bills

Everyone emphasizes healthcare, and rightfully so, as it directly affects your well-being. However, it is essential to acknowledge that healthcare often comes with unpaid medical bills. When undergoing medical treatments or procedures, bills are unavoidable, and if they remain unpaid, they can impact your credit score and financial health.

What Happens When Medical Bills Go to Collections?

Many people neglect medical bills yearly, but what happens when medical bills go to collections? An unpaid medical bill pending for a long time can affect your credit score badly. The worst condition could be that the provider can sue you for the payment or sell your debt to a collection company.

Top 8 Ways to Boost Medical Billing Revenue Cycle

Have you ever wondered why your company ‘s accounts receivable are lacking? Well, it might be due to poor medical billing revenue cycle management. Medical billing revenue cycle management is very important for optimizing a healthcare practice’s financial health.