PSA PSA

Healthcare Delinquent Debt Collection

Representing the highest profit recovery at the lowest
cost in the country!!

  • Recovering bad debt and past due accounts for over 37 years
  • Success rate — 4 times the industry average
  • Collected $2.4 billion over the past 5 years
  • 60,000+ clients total from all industries – 20,000 from the healthcare industry
  • No percentages — practice receives 100% of recovered $
  • 24/7 web access to manage all accounts
  • Flat fee averages less than $10 per account submitted for collection

Recoverability Timeline: The older the account the less recoverable

debt collection chart

An example comparing the traditional debt collection company with our own higher profit recovery, low cost program:*


Assumptions:

Number of Files/ Accounts Submitted Average Balance Per Account
100 $500

Traditional Collection Agency

Number of Accounts Average Balance Per Account Cost Per Account Anticipated Recovery Rate Projected Total Recovered ($) Cost To Recover ($) Cost To Recover (%) Net To Practice
100 $500 30% of Value 20% $10,000 $3,000 30% $7,000
(Total Value of Accounts: $50,000)

PSA Collections

Number of Accounts Average Balance Per Account Cost Per Account Anticipated Recovery Rate Projected Total Recovered ($) Cost To Recover ($) Cost To Recover (%) Net To Practice
100 $500 $10 50% $25,000 $1,000 2.9% $24,000
(Total Value of Accounts: $50,000)

* In this example, based on historic collection data, our program will net $17,000 more to the practice than the traditional collection agency at a recovery rate of 4% versus 30%...the highest profit recovery at the lowest cost.