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Collection Agency for Senior Living Centers

senior living collection agency
Senior Living communities are always under tremendous pressure to improve cash flow, this includes collecting unpaid invoices from patients or their guarantors.

Due to the industry’s very nature, the staff of senior living centers can apply only so much pressure, beyond which they risk the center’s reputation. Collection agencies specializing in senior living debt collection know the very nature of business. They use a friendly yet well-calculated tactical approach to maximize recovery while following all federal and state-mandated guidelines.

We are experts in Senior Living Debt Collection

Contact Us – Serving all 50 states and PR

The Covid-19 pandemic snow-balled the problem since many patients/signers experienced a loss of income and could not make payments on time. Since all senior living communities were forced to follow one of the highest standards of Covid-19 compliance a cost they had to bear.

Forwarding accounts to a collection agency after 90-120 days of delinquency is a great way to collect unpaid bills. Financial Circumstances and the health of your patient can deteriorate over time, therefore acting ASAP is important in the healthcare industry.

Even though the collection agency charges a percentage of what they collect, without their intervention, the entire amount will have to be written off. As the account ages, the probability of successful recovery decreases. Therefore, it is highly advisable to transfer accounts to a collection agency before 180 days.

Filed Under: Collections

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    • A 5-star rated agency !

    Our aim is to provide all debtors a convenient path towards eliminating their debt in a consumer friendly manner.

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    Collect911 is not a collection agency on its own, collection requirements/inquiries will be forwarded to our partner, Kinum collection agency . All information on this website are for general information only and is not a professional or experts advice. We do not own any responsibility for correctness or authenticity of the information presented on this website, or any loss or injury resulting from it.