Bad Debt Receivable Purchasing groups, sometimes a collection agency, a private debt collection law firm, or a private investor purchases delinquent or charged-off debts from a healthcare entity for a percentage of the face value of the debt based on the potential collectability of the accounts.
Benefits of Bad Debt Receivable Purchasing
Accumulating bad debts can place an insurmountable financial strain on your healthcare organization. Maintaining a healthy revenue cycle is crucial for keeping your practice afloat and hiring an agency may be the solution you need.
Today, as patients assume more of the burden of healthcare costs via higher insurance company deductibles, many of them are finding it difficult to pay for health services.
Bad Debt Receivable Purchasing groups may be able to help you. They have the expertise to keep up with a rapidly evolving and increasingly complex medical billing landscape. Through advanced health information management and intelligence, they may also be able to help you with debt recovery.
Find Your Perfect Match Today
revcyclematch.com reinvents the way you find your next revenue cycle business partner. Our platform is free-of-charge for providers and serves to eliminate false starts and service mismatches that slow down your business and cost you money.
We’ve done the heavy lifting for you, so all that is left is choosing the best fit. Our matching protocol means you only get responses from subscribed vendors who meet your specific business requirements. We value privacy, so revcyclematch.com enables you to search the platform anonymously until you decide to make a match. By using revcyclematch.com, you can quickly and effectively find your next revenue cycle partner.
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