Collection Agencies Debt Recovery Healthcare 
Nexa Collect
JANUARY 14, 2023
The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. There are thousands of collection agencies in the USA, but most are small. New Regulations.
Nexa Collect
JUNE 18, 2023
A medical collection agency will send written demands and make persistent phone calls to your patients. Since debt collectors are on the phone all day long, they know every tactic to get paid. Since debt collectors are on the phone all day long, they know every tactic to get paid. Need a Medical Collection Agency?
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Nexa Collect
JULY 2, 2020
And, just like in other areas of the healthcare system, there can be uninsured individuals too that labs run testing for. Need a Collection Agency for your Lab: Contact us. Laboratory collection agencies will be familiar with the specific billing codes that laboratories use and be able to explain that to the patient.
Nexa Collect
JUNE 18, 2023
Here are some points to consider regarding the impact of medical debt default on the patient’s credit scores: Reporting to Credit Bureaus : When a medical debt goes unpaid for an extended period, the healthcare provider may send the account to a collection agency. This is known as “pay for delete”.
Debt RR
SEPTEMBER 9, 2020
Collecting debts is time-consuming, especially if the debtor refuses to cooperate. Due to the frustration they encounter when collecting debts, they may resort to outsourcing the debt collection process to a collection agency for small businesses. How Collection Agencies Help Small Businesses.
Credit Management Company
FEBRUARY 22, 2022
The average American has over $90,000 of debt , and many struggle to manage this number. Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts.
Nexa Collect
APRIL 27, 2022
We all agree that healthcare costs in the USA are extremely high. But all this is changing only for medical debts. Credit bureaus will soon stop reporting medical debts lower than $500, remove medical line items that have been fully paid, and collection agencies now have to wait for 1 year before medical debts can be reported.
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