RevCycle

NOVEMBER 15, 2023

According to the Kaiser Family Foundation, the average American family spent $28,166 on healthcare in 2020. Another reason why Americans have so much medical debt is that many Americans have high-deductible health insurance plans. Medical debt can also lead to bankruptcy. Medical debt can also lead to bankruptcy.

Medical Billing 203

Medical Billing Bankruptcy Credit Scoring Deductions 203

Your Virtual Credit Manager

MARCH 4, 2025

Based on this industry outlook, there was staff performing collections and deduction resolution, but no credit function. This company was fortunate to avoid significant bad debt loss until Ames Department Stores, Kmart, and Fleming Foods (a distributor) all filed bankruptcy within the same year.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

MARCH 21, 2023

In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bankruptcy Bad Debt Credit and Collections 130

Your Virtual Credit Manager

JUNE 13, 2023

Subscribe now The Increasing Risk of a Growing Number of Defaults Commercial bankruptcies began rising late last year after the historic lows of 2020 and 2021. Not a subscriber … why don’t you take advantage of a free YVCM subscription?

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Due

JUNE 15, 2023

Living beyond one’s means can lead to maxed-out credit cards, personal loans, and even bankruptcy. In 2020, there were over 544,000 bankruptcy filings in the United States, many of which stemmed from unmanageable debt. Include your net income (the amount you take home after taxes and deductions).

Bankruptcy 59

Bankruptcy Credit Scoring Deductions 59

Due

MARCH 28, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. In 2020, the pandemic crisis transpired and scourged the U.S. In 2020, the U.S. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. Next, deduct the total amount from your monthly income.

Bankruptcy 75

Bankruptcy Brokerages Deductions Transactions 75

Due

MARCH 4, 2023

These are only two unforeseen events that sparked a surge of bankruptcies. In 2020, the pandemic crisis transpired and scourged the U.S. In 2020, the U.S. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. Next, deduct the total amount from your monthly income.

Bankruptcy 72

Bankruptcy Brokerages Deductions Transactions 72