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Medical_Billing_Collection

Medical Collection Services

Unpaid medical debt is reaching epidemic proportions as Corona pandemic. Every healthcare organization needs adept management of the patient’s outstanding bill amount. Medical collection service is the topmost services in-demand in the healthcare sector. Every healthcare service facility is looking for a trusted partner to outsource medical collection process. Unpaid bills can pose trouble in the medical healthcare collection front. If we go by surveys, health companies lose about 10-15% revenue every year due to debts incurred on them. This cost heavy on the business. Steady cash flow is critical to the success of your healthcare industry. A medical collection agency handles the work that an in-house team is not able to handle efficiently. Outsourcing medical bill debt collection service is beneficial for the healthcare industry. Our medical debt collection solutions provide maximum collection results and enhance customer experience and reducing the cost of collection.

Medical_Billing_Collection_Services

Debt Collection Services for Medical & Healthcare Providers

MAX BPO holds expertise in handling medical billing and collection and healthcare debt collection service. We obtain payments for the debts owed by businesses or individuals. We are one of the most trusted medical debt collection companies globally. We strive to build a focused and streamlined medical collection strategy. This will enhance the collection, cut costs, save time and enhance resources procuring. We work on No Win No Fee policy.

We are HIPAA Compliance Company. The transparency offered by the medical billing collection service ensures smooth execution. Our latest software and well-equipped human resource solutions deliver error-free results. With our medical billing collection services, we deliver proficiency and the best facilities. We are a trusted medical collection agency with 20+ years of experience in medical debt collection and earned a reputation of highest 90% collection rates in the industry. With a team of professional medical collection agents that help healthcare and medical companies to recover debts faster and ethically.

Commitment to Medical Debt Collection and Healthcare Debt Collection Data Security & Compliance

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We offer successful and effective debt recovery services for medical and healthcare collection with the support of our expert and friendly team to streamline the medical collection process.

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The flexibility offered by us makes us the most reliable outsource partner for healthcare debt collection and medical billing and collections around the globe.

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20+ years of experience in medical debt collection and debt recovery for the healthcare industry. We save time and resources, so that you can focus your team’s ability to the core business tasks

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Our procedure is 100% HIPAA compliance which means we employ certified procedure in working. Ethical medical debt recovery and healthcare debt recovery services for high recover rates.

Professional Debt Recovery Services for Healthcare & Medical Account Receivables

We know how important is your business reputation and relationship with your patients. Medical and healthcare industry are outsourcing debt collection services to outside company as they are professional and have higher collection rates. We are an experienced collection agency who specializes in recovering medical debt. We provide first party collections, third party collection and account receivables services. Our medical revenue service debt collection services help you in saving, time and resource and accelerate collection rates.

MAX BPO uses advance technologies and methods for debt collection that helps in better communication with debtors and also allows them access to complete debtor information for efficient recovery of debts in the fastest possible ways. Our expert services will help healthcare industry companies to focus on patient care and other important business tasks. Our expert professional takes care of medical collection services and helps in improving revenue performance. With our healthcare debt collection services companies can enhance their cash flow.

 

Medical Debt Recovery Agency USA

In USA healthcare and medical industry companies are facing problems in debt recovery. Industry is finding difficulty in recover past-due bills from insurance companies and patients. Medical debt is the largest percentage of consumer debt in collections. As it is getting difficult for healthcare industry to recover debt by in-house so companies are hiring medical collection agency to help collect their past due accounts.

We specialize in financial debt recovery for all realms of healthcare and medical. MAX BPO medical collection services are on contingent basis and collect delinquent accounts and increase revenue while maintaining positive customer relationships. As a HIPPA compliance company we strictly adhere to the guidelines. Our debt recovery agents are well familiar with FDCPA (Fair Debt Collection Practices Act), HIPAA and all applicable state and local regulations.

If you have more questions about our medical collection services or healthcare debt collection, feel free to call or contact for a free consultation.

 

What is Medical Debt Collection Services?

Medical collection services is the process in which bad debts and overdue medical bills are recovered from present or former patients, the similar processes serve private health professionals and medical institutions. Medical debts have now become a serious problem related to medical bills or health insurance, which are difficult for patients to afford. Such kind of healthcare debts is different from others because they are generally a result of accidents such as illness or injuries. 

Generally, medical debt happens when patients have difficulty in affording healthcare. Even if a person is a health insured, there is a possibility that he may be in a debt. This is because no medical insurance refunds 100% bill amounts.

Large health institutions generally deal with the medical debt recovery internally, as for the recovery of the amount due they have their collection agents. However, some of the hospitals suggest the professional services of Debt collection agencies (DCAs). The medical default collection process is only used after the clearance of the creditor that the entire recovery approaches and billing have been successful. 

Most of the healthcare organizations prefer to take medical debt collection services because they understand that their business is healthcare, not debt collection. But cash flow is an important aspect for an organization to pay all the workers who are contributing to the medical practice. If a patient refuses to pay, it affects the business. Medical debt collection companies tackle such cases and give you the results which you may not get by working alone.

Advantages of Medical Collection Services

Here are some of the advantages of taking the   healthcare debt recovery services for your organization

  • Medical Billing and Collections Expertise

Your organization must have an expert medical debt collection team so that your organization can manage its account properly and take care that the workers are getting paid on time. It is very important to maintain the reputation of the company. Medical bill debt collector experts also make sure that the organization does not get trapped into any legal activities under any circumstances.
 

  • Enhanced Patient Relationship

The medical debt collection companies are professionals and will help in retaining customers or patients as they are good in negotiating. They also help in providing grace period to figure out payment options before the customers or patients debt affects their credit scores. They will make them understand that unpaid medical debt will still remain on your credit report for seven years from the original delinquency date.

Key Considerations
 
Medical hospital debt collection is not free. Look carefully how the payment is received by a medical collection agency when looking for a service agency. Standardized payments depend upon the amount of debt collected by the agency that's why it is difficult to determine. It may be $10-$50 dollars for the smaller amounts, but it will be based on a percentage for the large amounts.
 
Always look at how the customer experience team of the agency handles things when looking for a medical debt collection agency. You would never want to damage the reputation of your brand because of the aggressive behavior of the hospital bill debt collectors. That is why always select medical debt recovery agency carefully.

 

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Founded in 1997 and having 100+ clients across 4 continents and 30+ countries. Providing business outsourcing services to mid-size companies, large enterprises and fortune 500 companies in countries like USA, Canada, UK, Australia and rest of world.

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