Free Report: Medical Receivables Management: Strategic Data on a Growing Market
Download this Free Report and Learn:
- Revenues for healthcare accounts receivable management companies
- Average contingency fee rates
- Size and face value of purchased healthcare debt portfolios
- Major debt buyers and private equity firms currently active in the industry
Medical Receivables Management: Strategic Data on a Growing Market
Healthcare Reform's Impact on Medical Receivables
Receivables management is all about numbers, particularly in the healthcare industry. Medical receivables collection agencies measure placements, right party contacts, recovery rates, contingency fees, net back, revenues, and of course profitability. Medical debt buyers quantify and follow the number of portfolios available for purchase, the prices of debt portfolios, liquidation rates, expense items, and returns on purchased portfolios. Although medical receivables management is a fundamentally human endeavor, success in healthcare medical receivable management is quantitative.Paying attention to the numbers and improving measurable performance is key.
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46.6 million Americans Lack Health Insurance
46.6 million citizens, or 16 percent of the U.S. population, had no health insurance in 2005, an all-time high. Increases in the number of uninsured patients have substantially increased the challenge of managing medical receivables for healthcare providers, also leading more healthcare providers to include medical receivable firms to recover bad medical debt.
Download Medical Receivables Management: Strategic Data on a Growing Market and discover more key data in the medical receivables market.
Download the FREE Medical Receivables Management: Strategic Data on a Growing Market Report now!
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Key Strategic Data for Medical Receivables
Download Medical Receivables Management: Strategic Data on a Growing Market and discover:
- Why the highly fragmented nature of the healthcare industry matches characteristics of the medical receivables industry, which also tends to be locally based
- Why medical receivables management is a fundamental challenge for many healthcare providers
- What percentage of the accounts receivable management industry is focused on medical receivables
Download the FREE Medical Receivables Management: Strategic Data on a Growing Market Report now!
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Debt Portfolios in the Medical Receivables Market
The size of the healthcare debt purchase market is relatively small today. While an estimated $110 billion in face value of delinquent debt purchases took place in the United States during 2005, an estimated $3 billion to $4 billion in face value of medical debt was purchased during that year. As healthcare providers increase their willingness to sell portfolios and medical debt buyers compete for portfolios, the medical debt buying marketplace will continue to grow.
Download Medical Receivables Management: Strategic Data on a Growing Market and discover:
- How price increases have given healthcare providers even more incentive to sell medical debt portfolios
- Why increasing regulations, including new regulatory initiatives in states across the country, have heightened the complexity of operating in medical receivables
- The state of the medical receivables market and the outlook for the future
Download the FREE Medical Receivables Management: Strategic Data on a Growing Market Report now!
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