5 Mistakes to Avoid to Maximize Patient Collections

5 Mistakes to Avoid to Maximize Patient Collections

The unpaid medical debt in the U.S. is on the rise since the beginning of the pandemic. With these mounting unpaid bills, several hospitals are struggling to streamline their cash flow to pay health care employees, suppliers, rent, and the several other costs...
Trends That Make Digital Debt Collections a Necessity

Trends That Make Digital Debt Collections a Necessity

Today, household debts are at an all-time high, delinquencies have been rising through the roof, and increasing numbers of people are falling behind on their bills. Along with these, shifting customer preferences, a stringent regulatory environment, and the lack of...
How Does Machine Learning Help in Debt Collections?

How Does Machine Learning Help in Debt Collections?

Debt collection is a difficult business to be in. The competition is fierce and consumer behaviors and methods of communication are changing faster than ever before.  Because of this, Collection Agencies are always looking for ways to get an edge over their...
Why Hire a Collection Agency?

Why Hire a Collection Agency?

Almost all companies deal with delinquent accounts.  Not managing them correctly can put a burden on your operations and make it difficult to grow.  Utilizing internal resources to follow up on these accounts in a timely fashion can be challenging.  In most cases,...