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Security Financial Solutions Helps Resolve Medical Debt Quickly… and Compassionately.
Recovering outstanding medical debts from current and former patients requires a special blend of knowledge, experience, compassion, and–crucially–communication skills. Working in area demands a comprehensive understanding of the insurance submission process and that well-honed ability to determine exactly when these is fair and reasonable to the approach individuals about outstanding balances.
We at SFS have this sort of knowledge and experience. We know how to approach patients in way that not only maintains but improves the patient-caregiver relationship. SFS has recovered millions of dollars in medical debt. We understand each and every aspect of the medical space, ranging from self-pay and the re-submission of bills for payment to working with insurance companies and communicating effectively with caregivers and patients. And, once again, our fees comprise only a small percentage of the total amount owed.
It is important to note that SFS is fully-attuned to the patient privacy requirements contained in the federal Health Insurance Portability and Accountability Act of 1996 (HIPAA). The only information SFS requires from creditors in the medical space is information that pertains directly to individual debts (e.g. missed payment deadlines), which is permitted under HIPAA. We never ask for, accept, or take the time to assess information that touches in any way on personal health issues.
In cases where all else fails, SFS is often willing to purchase outstanding debt from medical practitioners. Click below for details.