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...
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...
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...
A crucial aspect of managing your cash flow and your reputation is selecting the appropriate medical debt collection agency. It helps collaborate with your patients and handle payment arrangements. The last thing you want is to lose a valuable patient over a medical...
EHR systems can store comprehensive patient information digitally, streamline workflows, facilitate information sharing, integrate with other components in a patient’s care, and more. The adoption of EHR systems has skyrocketed ever since the Centers for Medicare and...
With the global debt reaching a staggering record of $315 Trillion in the first quarter of 2024, it’s best to say that international debt collection will also experience a spike. While an international collection agency considers multiple factors, the most...
Credit collection services worldwide have been on an upward trajectory in recent years, with reports suggesting a projection of $90.51 billion by 2029. In response to such an upsurge, global companies have focused on further optimizing their debt recovery solutions to...
With medical billings skyrocketing in the past few years, consumers are left with no choice but to comply with such expenses. Even through means such as insurance companies or credit services that can somewhat help the consumers, reports show that people in the US...
The medical debt industry has observed an upward trajectory, especially in the US, for the past couple of years, with reports suggesting that around 14 million people owe a debt of over $1000. With the recent wave of inflation and the economic instability that has...
With the global debt market reaching a record of $307 trillion in 2023 as consumers and businesses continue to utilize debts on a daily basis, companies are looking for ways to better streamline their debt recovery solutions for global reach. For such cases, although...
