Unpaid medical debt is reaching epidemic proportions as Corona pandemic. Every healthcare organization needs adept management of the patient’s outstanding bill amount. Medical collection service is the topmost services in-demand in the healthcare sector. Every healthcare service facility is looking for a trusted partner to outsource medical collection process. Unpaid bills can pose trouble in the medical healthcare collection front. If we go by surveys, health companies lose about 10-15% revenue every year due to debts incurred on them. This cost heavy on the business. Steady cash flow is critical to the success of your healthcare industry. A medical collection agency handles the work that an in-house team is not able to handle efficiently. Outsourcing medical bill debt collection service is beneficial for the healthcare industry. Our medical debt collection solutions provide maximum collection results and enhance customer experience and reducing the cost of collection.
MAX BPO holds expertise in handling medical billing and collection and healthcare debt collection service. We obtain payments for the debts owed by businesses or individuals. We are one of the most trusted medical debt collection companies globally. We strive to build a focused and streamlined medical collection strategy. This will enhance the collection, cut costs, save time and enhance resources procuring. We work on No Win No Fee policy.
We are HIPAA Compliance Company. The transparency offered by the medical billing collection service ensures smooth execution. Our latest software and well-equipped human resource solutions deliver error-free results. With our medical billing collection services, we deliver proficiency and the best facilities. We are a trusted medical collection agency with 20+ years of experience in medical debt collection and earned a reputation of highest 90% collection rates in the industry. With a team of professional medical collection agents that help healthcare and medical companies to recover debts faster and ethically.
Maxdata has been supporting Bisnode in data processing for many years & represents a reliable & important partner for us. We therefore are looking forward to a continuing good business relationship.
I know that now we can rely on Max BPO to provide helpful advice that makes a meaningful difference to our business. Our operating model used to be stressful & was something we avoided. Max BPO provide Medical Coding, Billing, Collection, Records Indexing, Pre-Authorization & Charge Entry Services which enrich resource allocation, boost financial performance & increase the effectiveness of our business. Max BPO is part of our business now & a great asset.
Working with Max BPO is an outstanding experience. Since launching our claim management services with their suggestions, services & recommendations, we have experienced 55% savings in operating cost. They were dedicated to offer Reconciliation, Subrogation, Claims Verification, Claims Validation, File Closure, Claim Processing, Claim Adjudication & Portfolio Management. Handing over Business Process Outsourcing to Max BPO was our strategic option to achieve cost reductions while improving service quality, increasing bottom-line & focusing on core specialties of your business.
Our inbound & outbound leads have grown so dramatically. We proud to hire a dedicated sales team that is making sales calls & sending emails to potential customers (leads) for the purpose of generating interest & selling our App. That was never the case before using the customer acquisition & retention services rendered by Max BPO.
We developed a great partnership with Max BPO & their dedication to our data processing of online directories & account receivables. We appreciate their attention to detail, creative approach & experience to deal with our diversified requirements.
A great company to work with, for debt collections services! I worked with Amanda, she was very profession and the teams delivered the result in quick time with higher successful recovery rate. I really appreciated the professionalism and care she puts into her job. Great job!
MAXBPO data entry services are quick and efficient. The project manager was very kind and had good business understanding. The team helped in managing large volume of data as per our customized requirement. Their data entry services are competitive.
Had a great experience in working with the data entry team.
Ever since we availed MAX BPO Call center services, our inbound calls value was increased we required best call center who can give our clients support and feedback. Their customer service is amazing. The 24X7 inbound and outbound call center services were beneficial to our company growth.
We are very much satisfied with their call center services for past 2 years. This is a great partnership with amazing results!
We are very pleased with MAX BPO medical debt collection agency as choosing our outsourcing partner. True HIPPA Compliance Company. They provided us with full service medical billing and collection services that helped us in improving revenue cycle management. They know how to make good professional relationship with the insurance company and patient.
The debt collection team has good work ethics and local and nation law knowledge. Will recommend the company.
The data mining services availed by MAX BPO was amazing. The team delivered the project in quick turnaround time with 99.95?curacy as per industry standards. The data provided exact insight for business decision making.
They were able to meet up our requirement with great flexibility and professionalism. Would recommend the company and in future will surely use the cost effective services.
Perfect logistic data entry and audit services by MAX BPO for our Logistics business. Expert and experienced logistic clerks team in document processing for logistic business. The services were very highly accurate, cost effective and with minimum turnaround time. The team was very supportive.
Good Luck!
Outsourcing Account and Bookkeeping services to MAX BPO was the right decision by the management as they provided efficient financial data management. The professional services provided were cost effective, accurate and timely services. The team was dedicated and accurate and knows they job well.
The company has been providing bookkeeping services for past 5 years. Looking forward to work with them in coming years too.
MAX BPO is a true professional company when it comes to taking care of business bookkeeping services. They are experienced in the finance and accounting services and have been providing the services to our company for last 3 years. Must say the services are exceptional.
They have fantastic accounts team that are quick and efficient.
I would recommend and have recommended them to my business partners too.
We availed ecommerce product data entry services from MAX BPO, must say are thoroughly professional and expert in what they do. If you are looking to make a mark in online business and need help, you can 100% rely on MAX BPO.
There domain expertise is very good as they have super expert team in eCommerce shopping carts and platforms. The working experience with the MAX BPO team was amazing as they provided the project with deadline and at within our budget without compromising the quality.
We outsource Medical Bill Services to MAX BPO. We have switched our in-house billing to 5 years ago. Must say working with them was the best experience. Their services are consistent, reliable and cost effective. The expert billing team helped in increase reimbursements and quickly recovers outstanding claims. The services were transparent and used latest modern technologies that helped our company.
Medical Billing Experts that you can trust :)
We know how important is your business reputation and relationship with your patients. Medical and healthcare industry are outsourcing debt collection services to outside company as they are professional and have higher collection rates. We are an experienced collection agency who specializes in recovering medical debt. We provide first party collections, third party collection and account receivables services. Our medical revenue service debt collection services help you in saving, time and resource and accelerate collection rates.
MAX BPO uses advance technologies and methods for debt collection that helps in better communication with debtors and also allows them access to complete debtor information for efficient recovery of debts in the fastest possible ways. Our expert services will help healthcare industry companies to focus on patient care and other important business tasks. Our expert professional takes care of medical collection services and helps in improving revenue performance. With our healthcare debt collection services companies can enhance their cash flow.
Medical Debt Recovery Agency USA
In USA healthcare and medical industry companies are facing problems in debt recovery. Industry is finding difficulty in recover past-due bills from insurance companies and patients. Medical debt is the largest percentage of consumer debt in collections. As it is getting difficult for healthcare industry to recover debt by in-house so companies are hiring medical collection agency to help collect their past due accounts.
We specialize in financial debt recovery for all realms of healthcare and medical. MAX BPO medical collection services are on contingent basis and collect delinquent accounts and increase revenue while maintaining positive customer relationships. As a HIPPA compliance company we strictly adhere to the guidelines. Our debt recovery agents are well familiar with FDCPA (Fair Debt Collection Practices Act), HIPAA and all applicable state and local regulations.
If you have more questions about our medical collection services or healthcare debt collection, feel free to call or contact for a free consultation.
What is Medical Debt Collection Services?
Medical collection services is the process in which bad debts and overdue medical bills are recovered from present or former patients, the similar processes serve private health professionals and medical institutions. Medical debts have now become a serious problem related to medical bills or health insurance, which are difficult for patients to afford. Such kind of healthcare debts is different from others because they are generally a result of accidents such as illness or injuries.
Generally, medical debt happens when patients have difficulty in affording healthcare. Even if a person is a health insured, there is a possibility that he may be in a debt. This is because no medical insurance refunds 100% bill amounts.
Large health institutions generally deal with the medical debt recovery internally, as for the recovery of the amount due they have their collection agents. However, some of the hospitals suggest the professional services of Debt collection agencies (DCAs). The medical default collection process is only used after the clearance of the creditor that the entire recovery approaches and billing have been successful.
Most of the healthcare organizations prefer to take medical debt collection services because they understand that their business is healthcare, not debt collection. But cash flow is an important aspect for an organization to pay all the workers who are contributing to the medical practice. If a patient refuses to pay, it affects the business. Medical debt collection companies tackle such cases and give you the results which you may not get by working alone.
Advantages of Medical Collection Services
Here are some of the advantages of taking the healthcare debt recovery services for your organization
Your organization must have an expert medical debt collection team so that your organization can manage its account properly and take care that the workers are getting paid on time. It is very important to maintain the reputation of the company. Medical bill debt collector experts also make sure that the organization does not get trapped into any legal activities under any circumstances.
The medical debt collection companies are professionals and will help in retaining customers or patients as they are good in negotiating. They also help in providing grace period to figure out payment options before the customers or patients debt affects their credit scores. They will make them understand that unpaid medical debt will still remain on your credit report for seven years from the original delinquency date.
Key Considerations
Medical hospital debt collection is not free. Look carefully how the payment is received by a medical collection agency when looking for a service agency. Standardized payments depend upon the amount of debt collected by the agency that's why it is difficult to determine. It may be $10-$50 dollars for the smaller amounts, but it will be based on a percentage for the large amounts.
Always look at how the customer experience team of the agency handles things when looking for a medical debt collection agency. You would never want to damage the reputation of your brand because of the aggressive behavior of the hospital bill debt collectors. That is why always select medical debt recovery agency carefully.