Bad debt - aren’t these two words that we all dread?
Before turning a blind eye, ask yourself the following questions:
- Do you know what your annual provision for bad debt is?
- Did you know that you can sell your bad debt?
You shouldn’t have to write off bad debt as a result of too much complexity and effort when it comes to recovering debt from debtors.
National Debt Connection was established in 2006. We specialise in Medical collections and operate nationally through a network of attorneys, partners as well as highly trained call centre agents, ensuring exceptional service to our clients and debtors at all times.
As we have more than 14 years of experience in the Debt Collection industry, we are in the ideal position to offer the following two solutions to assist our clients with debt recovery:
- Purchasing debtors’ books
- Collection services
Your first thoughts are probably - This is too good to be true! Well, the answer is, this is exactly as easy as it sounds!
Our core business is purchasing debtors’ books.
We understand all too well that patients with bad debts cause numerous headaches! Usually, medical practices appoint attorneys to collect these debts, resulting in costly fees, prolonged collection processes and uncertainty on recoverability.
Through buying your debtors book, we take the risk whilst you unlock cash immediately. We make use of industry specialists for the analysis of debt portfolios in order to accurately price and make an offer on your book. We will gladly share and discuss the results with you and make an offer to purchase the book.
All that we require for the analysis are the following:
· Debtors name and surname
· Debtors ID number
· Outstanding balance
· Contact details
· Age analysis
Once the above has been received, the value proposition, analysis and offer to purchase will be presented within 3 working days.
Upon acceptance of the offer to purchase, settlement of the purchase price is made immediately, and you can unlock the value caught up in these books right away.
Our extensive soft and/or legal collection process starts as soon as handovers are received. We work on a No success- No fee basis. .
Our collection procedures include all the following:
- Data wash and Tracing services
- SMS’s (Upon handovers as well as discount campaigns)
- Emails (Upon handovers as well as discount campaigns)
- Telephone calls- Discount campaigns (if required)
- Soft and Legal collections
We recognise the highly personal relationship Medical practitioners have with their patients. Therefore, all collections are conducted in a highly ethical and professional manner, ensuring that patient confidentiality and dignity are maintained at all times.
Our own, in-house developed Medical collections system and detailed customised reports ensure that our clients are kept up to date with every step of the collections process. In addition, our dedicated Medical liaison representatives are always available to address any collection requirements our clients may have.
We are results driven and this is evident through our continuous top client ranking. Our in-house collection system enables us to stay up to date with current and impending technological trends, which enabled us to remain operational during the disruptive COVID-19 pandemic.