by Outsource Receivables, Inc. | Sep 21, 2022 | Consumerism and Medical Billing
Inflation continues to hit a variety of parts in the US economy, causing debt to rise and consumers to be more careful with their spending. While it has yet to hit the health sector, that delay will not last forever according to the Kaiser Family Foundation....
by Outsource Receivables, Inc. | Jul 6, 2022 | Consumerism and Medical Billing
Effective July 1, 2022, a reported 70% of medical debt tradelines will begin to be removed from credit reports according to a joint statement from Equifax, Experian, and TransUnion. They are three of the largest credit reporting agencies and sited their commitment to...
by Outsource Receivables, Inc. | Sep 30, 2020 | Consumerism and Medical Billing, Aged Receivables, Cash Flow, Medical Billing, Medical Billing Solutions
The norm of consumerism has evolved into a lot of research for the consumer: researching different products/services, reading online reviews, and comparing prices. Because of that, it’s no surprise that the same process had started to become more common for...
by Outsource Receivables | May 15, 2019 | CareCloud, Chicago, Illinois, Consumerism and Medical Billing, Medical Billing Company
As deductibles and co-pays continue to rise, patients are looking for quality healthcare at the most affordable price and care that is convenient. In the past, questions like, “How much will this procedure cost?” rarely were asked. These questions now lead the...