THE IS A STAGGERING $51 BILLION OF GENERATED DELIQUENT MEDICAL DEBT EACH YEAR.
The Center for Consumer Recovery (CCR) provides the unique opportunity for hospitals to donate (or transfer) their unrecovered debt to create significant benefits and positive outcomes for their most vulnerable patients and the communities the hospital serves.
As a not-for-profit organization, CCR accepts full charged-off donations of delinquent patient debt portfolios from healthcare organizations and then leverages that asset to help fund critical social/community-based services for theier patients, including debt negotiation/settlement for a patient's non-medical debt, financial literacy training, job placement services and more...all at no cost to hospital or the patient!
We work with patients to address the core issues preventing patient payment of their medical bills, including job loss, loss of income, bad/no credit and more. As patients improve their financial status, they are offered the opportunity to make voluntary, modest, and affordable payments to their accounts with CCR.
After operating costs are covered, CCR then deploys a portion (20%) of recovered funds into the community via a Community Investment Fund (CIF) to be used for nursing scholarships, education, and job training programs, or expenditures/investments in other charitable organizations and activities within the hospital's community. There are many ways to use the CIF. After funding the costs of delivering our services to the patients, the remaining funds are placed in the Community Investment Fund.
CCR deploys a highly compassionate approach to working with patients. We introduce 6,000+ available social service programs ranging from a vast array of social programs, financial literacy programs, job placement services, resume writing, credit card consolidation and other forms of debt negotiation/settlement – all at NO COST to the patient!
CCR is highly sensitive to concerns that the hospital's patients are treated with dignity, respect, and compassion. Our goal is to empower patients to strengthen their financial position and experience the satisfaction that comes with having the ability to meet their financial obligations.