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100 Million Americans Have Medical Debt (And Other Medical …

WEBMedical bills in the United States are one of the leading causes of bankruptcies.According to the Kaiser Family Foundation, 100 million adults in the United …

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URL: https://www.capitalrecovery.net/blog/100-million-americans-have-medical-debt-and-other-medical-debt-statistics/

How Does Medical Debt Impact Older Americans

WEBMedical debt in the United States is at an all-time high. It is not a surprise that medical debt is the biggest generator of debt owed to collection agencies across the …

Category: Medical Go Health

How Does Medical Debt Create Lingering Financial Problems

WEBAccording to NPR, more than 100 million people in the United States are affected by medical debt. Looking at the statistics, you can see that medical debt is …

Category: Medical Go Health

Three Statistics That Show How Medical Bills Affect American …

WEB25% Have an Unpaid Healthcare Bill. According to a recent report by The ACA Huddle, one in four Americans has an unpaid medical bill. And the top reason for …

Category: Medical Go Health

How Does Consumerism Impact Healthcare

WEBWe’re living in a time where we have access to more information than ever. We can research anything we want, at any time, from anywhere. This has led to an …

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Insurance Collection Agency

WEBCustomized Monthly Status Reports: Have full confidence at any time in being able to view any/all of your claims and our current activity. Protection Guaranteed. Learn More About …

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What Does Medical Debt Look Like Across the United States

WEBMedical debt in the United States is at an all-time high. It is not a surprise that medical debt is the biggest generator of debt owed to collection agencies across the …

Category: Medical Go Health

Labor Shortages and Economic Trends in Healthcare

WEBIt’s estimated that nurses will be in short supply by 10% to 20% by 2025, and doctors will be in short supply by 6% to 10%. This shortage in nursing staff and …

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Changes in Medical Debt and Credit Reporting: What Your …

WEBIf you’re a doctor, you know that the world of medical billing is complicated. It’s hard enough to keep track of all the details of your patients’ insurance coverage, but …

Category: Medical Go Health

Debt Collectors for Medical Bills: The Best Method for Receiving

WEBJanuary 13, 2021. Debt Collectors for Medical Bills: The Best Method for Receiving Patient Payments

Category: Medical Go Health

Outsourcing Payment Plans May Help Healthcare Providers with …

WEBAbout 56 percent of patients delay paying their medical bills because they can’t afford them. This is mostly in part due to the high deductible plans that most …

Category: Medical Go Health

Hiring a Debt Collection Agency for a Healthy Revenue Cycle

WEBMaintaining a healthy revenue cycle is crucial for keeping any medical practice afloat and hiring a debt collection agency can be just the solution. As patients …

Category: Medical Go Health

9 Steps in Medical Billing — Including the Ones You're Missing

WEB7. AR Follow-Up – Your team will track claims that are not paid by the patient at the time of service or those not paid by insurance companies. Clean claims should be …

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Top Four Laws that Regulate the Debt Collections Industry

WEBThe FDCPA sets guidelines on when, where, and how collectors can contact debtors. The act defines abusive practices and keeps collectors in check regarding …

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5 Major Factors Affecting Demand for the Collection Industry

WEBMarketResearch reports that the U.S. debt collections industry is worth $15 billion.The U.S. debt collection industry has recorded 2.6% yearly growth since 2017. …

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Early Out vs. Bad Debt in the Collections Industry

WEBIn the Collections world, there are two main phases of recovery: Early Out (EO) and Bad Debt (BD) collections. There is some overlap in the meaning of these two, …

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Healthcare AR Management Medical Debt Collection Agencies

WEBOur debt recovery services help you with a wide array of billing options and collections on medical bills. This includes denials and appeals processing, insurance follow-up, 5010 …

Category: Medical Go Health

Business Debt Collection Services Capital Recovery Corporation

WEBExtended Business Office Services and Business Debt Collection for Healthcare and Commercial AR Management. Whether you need help establishing an internal recovery …

Category: Health Go Health