How Healthcare Providers Can Reduce Bad Debt and Improve Cash Flow
Introduction Bad debt remains one of the biggest financial challenges for healthcare providers. Unpaid patient bills not only impact revenue but also drain resources that could otherwise be reinvested into patient care. With the rising costs of treatment and increasing pressure on margins, healthcare organisations need effective strategies to minimise outstanding debt and protect their cash flow. At Legal Recoveries & Collections we work closely with healthcare providers to deliver tailored solutions for debt recovery and credit control, ensuring financial stability while maintaining sensitivity in patient communications. Why Bad Debt is a Growing Challenge in Healthcare Several factors contribute to rising bad debt in the healthcare sector: High patient responsibility: ...