Top Challenges in Medical Debt Collection and How Providers Can Address Them Responsibly
Rising healthcare costs have become one of the most pressing financial concerns for families across the United States. For providers, this means an increasing number of patients struggle to pay their bills on time, leaving balances unresolved and revenue tied up. Just under 50% of U.S. adults say affording health care costs is difficult, and […]
Ethical Medical Debt Collection: Protecting Care and Revenue
Medical debt is unique in its emotional and financial stakes: patients often don’t expect to owe for essential care, yet the bills can mount quickly. In the U.S. alone, 14 million adults carry medical debt exceeding $1,000, a burden that can cause individuals to delay care, skip other bills, or even spiral into financial crisis. […]
Debt Collection in Healthcare and Major Considerations for Providers
Managing billing and addressing unpaid invoices remains a major challenge for medical providers. Over 48% of hospital bills go unpaid in full, largely due to high-deductible health plans shifting more financial responsibility to patients. This shortfall can create significant financial strain, affecting a practice’s ability to operate efficiently and invest in patient care. Engaging professional […]