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3 Questions You Need to Ask Before Hiring a Healthcare Collection Agency

National Service Bureau

Analyzing a healthcare collection agency is not a simple task. This is especially true if you are a small to mid-size healthcare facility and are unfamiliar with how collection agencies operate. What is your overall collections philosophy and what are your methods? Who will I be paying to represent my facility?

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Skip-Tracing & Debt Collection: What You Need to Know

National Service Bureau

As it relates to collections and accounts receivable management , skip-tracing is the process of locating debtors whose contact information is no longer accurate. Often, companies have to purchase access to this information, or hire a collection agency that already has access as part of their services.

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Debt Collection: Big Agency Results, Small Agency Service

National Service Bureau

There are a lot of collection agencies out there, and we at National Service Bureau wanted to take this opportunity to explain why we’re a little different from the others. Our collection philosophy and track record help to differentiate us, but that’s not the only reason we might be a good fit for your business.

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DEBT COLLECTION INDUSTRY DEEMS ITSELF ESSENTIAL TO “FINANCIAL HEALTH” OF CONSUMERS, FIGHTS COVID-19 SHUTDOWN

Collection Industry News

Chicago Mayor Lori Lightfoot this week similarly announced an end to the collection of city debt, including late parking fines, through at least April 30. The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers.

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Improving Credit Policy Improves Accounts Receivable

Receivables Control

Reign in Accounts Receivable Exceptions. Credit and accounts receivable management requires flexibility and judgment calls. Educate & Communicate. The credit policy is a compilation of expectations for customers and internal departments and the entire company must get behind it and support it.

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8 ARM Industry Expert Predictions: Regulations, Consumer Preferences, and Electronic Communications

PDC Flow

2020 has been an unusual year for the accounts receivable management industry (to say the least). But the year also saw numerous pieces of legislation, (CFPB’s Regulation F to California debt collection licensing and more) that will impact how collections will operate going forward.