How we help Hospital Groups
Hospital accounts receivable can be purchased when an individual has an active third party claim, as a result of an injury, that is being managed by an attorney. Typically, a patient is treated within a hospital and charges accrue. Many times, when an individual does not have insurance or the ability to pay out-of-pocket, the account is sent to collections and the facility is “stuck” with bad debt and no revenue for the service provided.
Our system allows the facility to collect a percentage of the billed amount with no hassles. We have developed a system to track these accounts through the court system which has reduced some of the risk associated with these accounts.