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Spinning straw into gold: How Meridian made bad debt pay off

Estudo de caso

Meridian increased recoveries and lowered bad debt through improved efficiencies and better agency management. 

Success Story 

Client: Meridian Health, a large New Jersey-based healthcare system 

Challenge: Increase recoveries and lower bad debt through improved efficiencies and better agency management, ensure recovery efforts are fully HIPAA compliant

Solution: FICO Recovery Management System solution (RMS) and Debt Placement Services through FICO Network

Results: ROI in less than six months, reduced bad debt by US$ 1,1 million in first year, averaged US$ 1 million+ in secondary recoveries per year since implementation