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Charity Care

How We Work

Atlas Collections' services are performed on a contingency basis.  So you are only charged for what we collect for your organization.

We create customized collections plans, working with your staff to create a debt recovery solution that exceeds your expectations – all at a reasonable cost. 

Our fees typically range from 6% to 50%, based on a number of factors, including

• Type and scope of service require

• Age and type of accounts submitted

• Quantity of accounts and average balance size


CALCULATING DEBT RECOVERED

Gross Dollars Placed x Recovery Rate x Collection Fee = Total amount Recovered

For Example:

Consider a company who submits $10,000 in accounts, assuming 30% recovery , and a 30% agency fee.

$10,000   Gross Placements
x   30%   Average Recovery Rate
$3,000   Gross Recovery Dollars
x   30%   Collection Fee
$1,000   Net Agency Fee
   
$2,000   Net Client Return

 

The $2,000 net client return in that scenario would otherwise go uncollected.  Recovered debt increases profitability – providing your business with additional cash on hand to fund operations and reinvest in new processes.

"You have to love a local company owned by local individuals that are committed to providing excellent service to businesses in a professional manner while maintaining a personal relationship with all parties involved."

Dr. Steve Farmer M.D., Lead Physician, American Health Network/Muncie