As consumers absorb more of the direct burden of their healthcare services, unpaid healthcare bills are increasing at rapid rates. At the same time, asset buyers are striving to meet tighter requirements in accessing credit history. Additionally, sellers of healthcare debt need to be able to accurately value or segment portfolios they hold or intend to sell.
By enhancing traditional healthcare portfolio valuation strategies with an understanding of households’ ability to pay their healthcare service balances, firms can more accurately score and evaluate portfolios prior to selling or purchase.
IXI’s Ability to Pay Solutions enable firms to understand a delinquent or defaulted consumer’s current ability to pay, as they project a household’s existing financial resources. These solutions are modeled from multiple sources, including summary factors produced by IXI’s proprietary database of consumer investable assets. The foundation of this database includes anonymized directly measured assets gathered from over 95 leading banks, securities, and insurance firms.
IXI’s Ability to Pay Solutions include: Ability to Pay Index and Income360
IXI’s wealth-based Ability to Pay Solutions supplement existing inputs to healthcare portfolio valuation and can help firms better:
- Identify and rank segments within a portfolio based on their ability to pay their balances
- Understand how consumers’ ability to spend impacts their ability to pay off delinquent accounts
- Isolate concentration risk by examining the aggregate ability to pay of a particular segment within a portfolio
Learn how IXI can help your firm’s strategy to maximize collections and mitigate losses.