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Dr. Debt Collector

Credit Management Company

By spending time and resources on collections rather than care, providers fear they may fall behind when it comes to outcomes and overall patient satisfaction. While collecting insurance claims does come with its own set of problems, obtaining money from individuals is much more difficult. Changing the Ways Bills Are Processed.

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CFPB Weighs Ban On Medical Debts In Credit Reports

Collection Industry News

More than half of the debt that appears on credit reports as being in collection stems from medical bills, the agency found. Unpaid medical bills became a bigger concern during the pandemic, and now, a federal consumer agency is considering whether those debts should be banned from consumer credit reports.