Selling Your Medical Debt

Unable to collect your medical debt? Sell it quickly with Debexpert, a one-stop shop for evaluating, buying and selling delinquent debt.

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Debexpert allows hospitals and medical organizations to easily arrange a medical debt portfolio by using our easy-to-navigate dashboard and being guided by our dedicated account managers. Get access to our large network of buyers, receive bids, and choose the best offers. We guarantee complete privacy of personal data and safety of transactions. 

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Selling Your Medical Debt

Unable to collect your medical debt? Sell it quickly with Debexpert, a one-stop shop for evaluating, buying and selling delinquent debt.

Features of Selling Medical Debt on Debexpert

Different Types of Auctions

Sell your debt the way it suits you and choose the best rates. You will see detailed information about buyers and their bids.

Security and Privacy

We guarantee the safety of masked files and all other documents that are uploaded and distributed in our shared drive.

24/7 Support and Guidance

With cumulative experience of 100+ years, our experts can guide you on market situations, price expectations and compliance checklists. At any stage of the debt sale process, you can count on the timely support of your dedicated account manager.

Large Buyer Database

Debexpert counts hundreds of buyers in our extensive network: passive debt buyers, collection agencies, law firms, family offices and funds. We will help you find the buyers that come up with the best bids, no questions asked.

Sell Medical Debt

Auto auctions

See all Non-performing Auto actions

See all Performing Auto actions

Why Sell Your Medical Debt?

Over 43 mln Americans have unpaid medical bills – most of those cannot be covered with health insurance and greatly exceed patients’ annual income. What to do? Leaving unpaid medical bills means severely hurting the budget.

Here are the reasons for hospitals to sell medical debt:
  • No need to spend time dealing with payment for medical bills – let it be the work of debt collection agencies or whoever buys the portfolio.
  • Maintain positive credit history and trustworthy reputation among partners.
  • Prevent legal proceedings with debtors and insurance companies.
  • Partially cover expenses and get funding for your business.

Today, hundreds of lenders and dealers sell their auto loan portfolios using a forward flow mechanism (fixing the sale price on loans to be issued in the future), making the business's operating model more predictable and sustainable.

How to prepare for selling medical notes?

Create a masked file

Excel spreadsheet that lists all the accounts that the seller wants to sell auto notes, while sensitive information of borrowers is masked. This is what a masked file means in the debt industry.

Request Portfilio Analytics

Thinking about the sales strategy

Second step before the selling process starts is to decide to sell the entire portfolio or break it down into pools and geography, product types, and stage of delinquency. As a rule, each buyer specializes in a particular kind of geography or debt, so to ensure the maximum price, it is recommended to break portfolios into pools.

Check the availability of original documents of loan contracts

If the media is stored electronically, the sale process and the portfolio price will usually be higher because the buyer can start working with the portfolio immediately after signing the PSA. If the documents are stored in hard copies, then you need to ask to prepare media for sale by putting them in separate boxes.

The preparation of the Purchase Sales Agreement

The contract should reflect the actual terms for closing the transaction, transferring documents, and obligations of the seller and buyer.

The preparation of the Seller's Questionnaire

The last step is the preparation of the Seller's Questionnaire, in which the seller describes the main parameters of the portfolio to be sold. A correctly completed seller's questionnaire will help buyers better understand the portfolio being sold, how it was previously collected, and other features.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

We Make Selling Medical Debt Easy

Sellers don't have to be expert debt salespeople to sell medical debts at the best price. Debexpert has the unique experience of selling over 700 portfolios a year and a dedicated team that will do all the work for the loan originator. And best of all, Debexpert's platform is free for the seller.

6 Simple Steps to Turn Your Medical Debt into Cash

Register on Debexpert

Get connected with a dedicated manager who will analyze debt portfolio and explain whether you qualify for selling it, and how much you could charge.

Request Portfilio Analytics

Submit your portfolio

We will help with compliance checklists, proper debt portfolio arrangement, and collection of documents for debt purchasing companies.

Set up an auction

Debexpert will help you select a suitable type of auction – English, Dutch or hybrid – and guide you through the sales process. We will explain how to divide your portfolio into pools and when to search for buyers.

Launch portfolio presale

Debexpert will find the best fitting companies to buy your debt and organize the presale process. You can track all the actions in your dashboard.

Compare bids from buyers

Check accounts, portfolio description, and sample media. In case of issues, you can always contact your dedicated account manager or sellers on Debexpert loan marketplace.

Close your deal

The auction winner will sign the contract, and you will receive money directly from the buyer. You can exchange files and communicate right on Debexpert – we ensure ongoing support and complete safety of personal data .

Testimonials

See what our customers say about selling medical debt and other debt portfolios with Debexpert:

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Rep at debexpert.com makes working with the platform easy

"Our rep at debexpert.com has always been very proactively communicative, reaching out to make sure we are aware of trades that fit our buying box and easily accessible to answer questions and help facilitate the process."

Customer

What debt are we selling?

We specialize in consumer debt portfolios, real estate notes , medical, student debt and credit card loans.

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Awesome Experience Working with Great Debexpert Group

Wonderful communication and supportWonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Awesome Experience Working with Great Debexpert Group

"I gave Debexpert 5 stars because they have excellent client service. They know their customers and check with them to make sure they have seen product that fits their criteria. Hitansh has been very helpful and knowledgeable."

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Looking For Medical Debt Buyers?

Frequently Asked Questions

Medical debt

What is the Best Way to Sell My Company's Medical Debt?
Who Can Buy Medical Debt?
See all Frequently Asked Questions

Who can buy medical debt?

Professional investors, collection agencies, law firms and funds. 

What is the best way to sell my company's medical debt?

If you cannot find the buyer yourself (which is typically a very long and challenging task), register on Debexpert – it provides a faster and easier way to sell debt. The whole process of debt portfolio preparation and checking will take a few days, and you will be able to compare bids and buyers’ profiles. 

What Are the Benefits of Selling Your Auto Loans?

Selling Your Auto Notes benefits lenders because it helps get money back into the company to issue new loans.

Auto Loan Portfolio Sale Example

Auto Loan Portfolio Sale can be performing, charged-offs, or auto deficiencies. Examples can be found on our website. https://www.debexpert.com/auctions

How Long Does the Purchase Process Take?

The buying process takes several days, during which buyers analyze the portfolio, decide on the price of the debt portfolio, and make offers to the seller.

We have the best loans

Past debt portfolios for sale

Debt portfolio for sale: $13.3 Unpaid Medical Invoices from Ovation Alternative Income Master Fund. Total debt: $13314955
September 30, 2022
Ovation Alternative Income Master Fund
Debt portfolio for sale: $13.3M Unpaid Medical Invoices from Ovation Alternative Income Master Fund. Total debt: $13314955
September 30, 2022
Ovation Alternative Income Master Fund
Debt portfolio for sale: $800K Non Performing Elective Medical Weight Loss Surgeries from SOUTHWEST TEXAS INVESTMENTS DBA HEALTH ASSIST FINANCE. Total debt: $815213
February 11, 2022
SOUTHWEST TEXAS INVESTMENTS DBA HEALTH ASSIST FINANCE
Debt portfolio for sale: $1.1M Elective Medical Weight Loss Surgeries from SOUTHWEST TEXAS INVESTMENTS DBA HEALTH ASSIST FINANCE. Total debt: $1135641
February 4, 2022
SOUTHWEST TEXAS INVESTMENTS DBA HEALTH ASSIST FINANCE
See more