Premium Asset Recovery Corporation (PARC)
Hospitals and Health CareFlorida, United States2-10 Employees
PARC is a small firm based in Deerfield Beach, Florida, operating in the hospitals and health care sector. Since 1997, it has specialized in healthcare debt buying, helping providers liquidate aged self-pay balances. The company has purchased more than $20 billion in unpaid medical debt and works with hundreds of hospitals, health systems, physician groups, and ambulance providers nationwide. It can purchase debt at any point in a provider's revenue cycle and offers a straightforward valuation process, fair pricing, and profit-sharing options with transparency throughout the sale. The firm emphasizes compliance and patient care, conducting collections with compassion to preserve patient relationships and community trust, and it operates a non-recourse patient account purchase program.