5 Mistakes to Avoid to Maximize Medical Bill Collections
The unpaid medical debt in the U.S. is on the rise since the beginning of the pandemic. With these mounting unpaid bills, several hospitals are struggling to streamline their cash flow to pay health care employees, suppliers, rent, and the several other costs...
Shifting Demographics of Debt: Best Collection Practices to Collect Debt From Millennials
Millennials, the youthful generation born between 1980 and 1995, represent the largest generation ever in America, and they are very different from their predecessors. They are the generation with the fastest-growing debt load. According to the Experian 2020 State of...
Trends That Make Digital Debt Collections a Necessity
Today, household debts are at an all-time high, delinquencies have been rising through the roof, and increasing numbers of people are falling behind on their bills. Along with these, shifting customer preferences, a stringent regulatory environment, and the lack of...
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