Why PARC?

PARC HIGHLIGHTS

  • Healthcare Exclusive - Since 1997

  • Over $20 Billion in Purchased Receivables

  • Simple Valuation Process

  • Cash Payout + Profit Sharing Options

  • Fairness & Total Transparency

  • Kind & Compassionate to Your Patients

  • IRS Section 501(r)(6) Compliant

  • We NEVER RESELL Your Accounts

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We provide smart, profitable and patient-centric solutions to liquidate your unpaid healthcare receivables.

 

WHY PARC IS A GREAT PARTNER

WE ARE HEALTHCARE EXCLUSIVE:

With extensive experience in the healthcare debt-buying market, we have a firm understanding of the complex regulations and compliance standards that must be met. We also understand what is required to be a good partner to you and your organization. Our mission is to provide smart, profitable solutions and the highest level of service while maintaining patient relationships post sale.

WE RESPECT YOUR PATIENTS:

We are committed to treating your patients with kindness, dignity and respect. Our collection methods offer fair and flexible terms without resorting to aggressive tactics or harassment. We understand how important it is for your organization to maintain a good reputation with your patients and with the community you serve. We never resell your patient accounts or share any of their information, so you can rest assured that accounts sold to us will always be serviced by us and handled with the highest level of care and professionalism.

IRS SECTION 501(r)(6) COMPLIANT:

We will help you identify patients who are eligible for charity care and meet community benefit requirements in accordance with your Financial Assistance Policy.

HOW YOUR ORGANIZATION WILL BENEFIT

IMPROVED CASHFLOW & REDUCED RISK:

We can purchase debt at any point in your revenue cycle, generating an immediate influx of cash that can be reinvested in your organization. Our clients enjoy the benefits of more predictable cashflow, while minimizing the risks and burdens associated with internal collections or managing the activities of a 3rd party collector.

SIMPLE VALUATION PROCESS:

We won’t waste your time or resources. Unlike many of our competitors, our valuation process is simple, making it quick and easy to get a bid from us with very little involvement from your team. Based on a few basic reports you likely have at your fingertips, we can analyze the value of your receivables and present you with a fair bid and buyout options. Request your free valuation to see what PARC can do for you.

PROFIT SHARING & TRANSPARENCY:

Because our goal is to build long-lasting, mutually beneficial relationships with our healthcare partners, we’ll share the upside with you. With a fair upfront buyout, plus profit sharing options, your organization is able to realize the maximum potential value of your aged accounts. As your trusted partner, we are committed to fairness and full transparency before, during and after the sale.

FOCUS ON YOUR MISSION:

Everything we do is designed to best serve the needs of our healthcare partners and streamline the process of completing your revenue cycle. We help you get paid and save time so you can focus on your true mission.