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Pioneer Blog


Medical Collection Companies are Recovering Thousands

06-27-2013

A medical collection agency  is aware that services and supplies for healthcare are among the top of the list for unpaid or delinquent debts. In part, that knowledge is why a professional collection agency is one of the most effective tools to assist in the collection of debts for medical services. The majority of people with delinquent medical debts remain unpaid due to circumstances, the amount of the debt and the number of debts. Many people become completely overwhelmed during a traumatic medical experience rendering them incapable of action.

Others may have balances that they believe they can never pay off so they pay nothing at all. The medical field is one that often results in many different statements from different providers. When the large volume of bills shows up in the mailbox, people do not have the financial experience to incorporate them into their budget. The most successful collection agencies become more of a financial advisor than the disrespectful, stereotyped debt collector people envision. An effective medical collection company can save healthcare providers time and money by utilizing their years of experience and intensive training.

Professionals collect thousands of dollars for their clients on a daily basis. An agency’s ability to treat people with dignity and respect enables them to collect debts without alienating the patient. Every business has that small percentage of people that do not intend to pay their debts. They go to great lengths to disappear by crossing state lines, working for cash and trying to eliminate a paper trail. A good collection agency will have a skip tracing department and a private investigator at their disposal to locate these individuals.



If the collection agency is unable to collect a debt, they will have their efforts properly documented for possible legal action. A medical collection company working on a contingency fee indicates a successful collection agency. Contingency means the company receives payment based only on the debts it collects. Professional collectors enable healthcare providers to focus on their patients instead of wasting valuable time on ineffective debt collection. People who assume a collection agency is their last chance to settle a debt before facing legal action can sometimes prompt immediate payment.

In order to fulfill all customer needs, many agencies utilize their training and experience in different areas of collections. Their expertise extends into medical, commercial and consumer debt. Studies indicate that debts turned over to collectors quickly have a higher collection success rate than those that are months or years old. Changing technology demands that collection agencies have a state of the art collection system to broaden payment options. A high tech system should give clients 24-hour access and provide easy placement of outstanding accounts.

Here at Pioneer Capital Solutions Inc. we utilize the latest technologies available in order to serve our clients and get them the best results possible. This has enabled us to become a top rated Minnesota collection agency  for our clients seeking help with medical, commercial and consumer debt collection needs.


 

Please call 855.712.1999 with any questions or if you would like to make your payment over the phone

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