Case Studies

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. A poor credit … Continue reading What Happens When Medical Bills Go to Collections?

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 bill that should have been handled carefully and graciously. More than simply … Continue reading Choosing the Right Medical Debt Collection Agency: What Healthcare Providers Should Know.

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 crucial element overseeing your success rates is the cultural practices involved in debt recovery. Cultural … Continue reading The Importance of Cultural Sensitivity in International Debt Collection Practices

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 comply with international debt collection laws. Like local debt collection, multiple laws and regulations … Continue reading Legal Frameworks for International Debt Collection

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 alone owe around $220 Billion in medical debt. Healthcare service providers … Continue reading Understanding the Medical Billing Debt Collection Process

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 seemingly impacted the whole world, healthcare service providers have encountered … Continue reading Challenges in Medical Billing Debt Collection

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 financial institutions have made the process of taking out debts and … Continue reading Important Things to Look for in International Debt Collection