Cedar Financial emphasizes custom-tailored solutions backed up by 30 years of accounts receivable management in medical debt collection.
With industry-leading standards and flexible payment options, our team is dedicated to providing proactive medical debt collection solutions for unpaid medical bills, insurance debt, outstanding ER service payments, uninsured patient collections, and more.
With a team of dedicated debt collectors in Egypt, Cedar Financial was able to visit the debtor to ensure cordial medical collections and effective negotiations.
Cedar Financial provided exceptional debt recovery solutions to healthcare clients through real-time updates, regular reporting, and debt coordination between the teams.
With a blend of strategic and effective medical collection efforts, Cedar Financial negotiated with the bank on the debtor’s behalf. This resulted in a monthly payment plan to keep the account active until the debtors stabilize their financial conditions to pay off the remaining debt.
What Is our Medical Debt Collection Process?
Cedar Financial is a licensed third-party medical bill collection agency and a legal assignee of debts. This means a client will contact us to move forward with the medical collection services, and we do not own the debt outright. For more information, visit our Client Page.
Can Cedar Financial Handle Any Medical Debt Collection Globally?
Cedar Financial, being a top rated medical debt collection agency, specializes in both domestic and international medical debt collection services. We currently have offices in over 150 countries worldwide, and working with Cedar Financial provides access to a global network of nationally licensed medical debt collection firms.
What proof of debt do I need to provide for Medical Debt Collection?
To ensure a transparent medical debt collections process, Cedar Financial as a medical debt collection agency requires proof of debt from clients that may include a contractual agreement between the parties involved, invoices for the services delivered, and any legal documentation, if applicable.
Cedar Financial has been a beacon of trust for healthcare institutions worldwide, with thousands of successful medical debt collection cases in our medical debt collection agency portfolio.
We ensure timely medical debt collections for all medical practices with unpaid medical invoices. Our esteemed circle of customers for medical debt collection includes
Healthcare Institutions provide medical services to patients and clients, such as routine checkups, diagnostic services, ER care, medical counseling, and more. When the patients fail to clear their pending invoices for a certain amount of time, healthcare providers, after exhausting their in-house medical collections resources, payment reminders, debt notices, and constant follow-ups, resort to third-party medical debt collection agencies such as Cedar Financial, which in turn have their own set of medical debt collections recovery strategies such as:
Suppose you’re constantly on the ropes with medical bills collection. In that case, hiring a medical bill collection agency is the most efficient way to start with your recoveries to sustain cash flow in the healthcare industry.
While there may be several medical collection agencies out there claiming to go above and beyond for debt recovery, here are some things you should consider when hiring a medical collection agency that would provide the debt recovery solutions you require.
Cedar Financial, the pioneer and industry leader in medical debt collection, has facilitated healthcare institutions and patients across the globe since 1991. Whether dealing with insurance deductibles, unpaid medical bills, outstanding patient invoices, and other pending medical claims, Cedar Financial utilizes efficient debt tracking and medical debt collections strategies to help healthcare providers sustain their cash flow, maintain positive relations with their patients, and provide effective medical debt collection internationally.
With a global reach of over 50 US states and agents in over 170 countries, Cedar Financial adheres to cultural sensitivity in cross-border medical debt collection for enhanced medical debt collections recovery rate through its global network of resources spread across different regions. Being a partner with ACA International and TCM Group, Cedar Financial is committed to bridging the gap between you and your patients as the industry leading medical bill collection agency to help mitigate the risk of uncollected and bad debt in medical debt collection. With a vision for success and exceptional delivery time, Cedar Financial can constantly update their clients with success-based medical debt collection metrics through the following set of services for medical collections:
With Cedar Financial, you can rest assured that our team has successfully dealt with medical collections for multiple decades, ensuring maximum recoveries with minimum losses.
To ensure efficient medical debt collection for patients related to all departments of the healthcare sector, Cedar Financial provides cordial medical collection efforts, financial counseling, and custom debt recovery solutions to maintain a transparent debt recovery process across all platforms.
With a special emphasis on compliance regulations, Cedar Financial prioritizes patient confidentiality, which instills trust and confidence in the medical debt collection process. Cedar Financial ensures a thorough background check regarding the entities involved to provide a fair and optimized medical debt collection experience for patients dealing with claim disputes or alleged unlawful debt claims. Here’s a list of medical collection services Cedar Financial upholds when dealing with patients in medical collections.
