Czerwinski Robert, Friend Peter M
Signature Associates, Ltd., Cincinnati, USA.
Healthc Financ Manage. 2008 Sep;62(9):128-30, 132.
There are several things to consider in selling written-off A/R to a third party: Know how the purchase is being financed. Ensure the hospital has the ability to review collection policies that will be used. Arrive at a price via a sophisticated analysis of the debt, not by an arbitrary number. Insist on receiving detailed reports on collection success on an ongoing basis. Develop some type of profit-sharing arrangement.