What percent of collections does a agency get for medical bill collection?
Medical debt collection agencies typically receive a percentage of the amount they are able to collect. This percentage can range anywhere from 15% to 50%, but the average is around 25%. So, if a medical debt collection agency is able to collect $1000 on a debt that the patient owes, the agency would typically receive $250 in fees for its collection services.Medical Billing - Related Articles
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