Skit.ai

See you this Sunday at ACA International’s #ACACONV24 in San Diego! We’ll be at booth #317! Eddie Mele Ajay Nair Vivian Danny

Delinquencies are rising among younger consumers. The same consumers who are least likely to respond to your print letters. However, you can reduce delinquencies and optimize your collection strategy with Skit.ai. Get in touch with one of our experts today and learn more: https://lnkd.in/etW-WVFj #ConversationalAI #DebtCollection #ARMIndustry #AccountsReceivable #DebtRecovery #ARM #ConversationalAI #Chatbot #SMSBot #Multichannel #MultichannelAI #CollectionAgencies #DelinquentAccounts

Many Healthcare RCM providers and divisions struggle to consistently implement early-out collections due to resource constraints. With rising attrition and thinning profit margins, it's too easy to miss collection opportunities. Conversational AI offers a scalable solution to automate early-out collections. By contacting patients promptly and courteously after sending a bill, early-out practices encourage timely payments. This approach can significantly enhance cash flow and improve the patient experience. Read our blog to learn more: https://lnkd.in/eV23wDfN #RevenueCycleManagement #ConversationalAI #IntelligentAutomation #MedicalBilling #AIinHealthcare #InnovationInHealthcare #HealthTech #PatientExperience #HealthcareAutomation

Take a look at the July issue of our accounts receivables newsletter! Subscribe for monthly updates on industry news, events, and webinars. 🗞

Implementing Conversational AI for collection agencies involves the crucial step of exchanging account data with CRMs. Read our blog to learn how we’ve overcome the challenge of seamless CRM integration: https://lnkd.in/gQq27J-R #ConversationalAI #DebtCollection #DebtRecovery #ARMIndustry #AccountsReceivable #ARM #MultichannelAI #RPABot #CRMIntegrations #NoCodeIntegration

The adoption of High Deductible Healthcare Plans (HDHPs) are increasing, leading to a rise in self-pay dues. This trend poses a serious challenge for Healthcare RCM providers. Their limited scalability and agent unavailability for early-out collections make it difficult to collect larger dues and manage more accounts effectively. Read our blog to understand why HDHPs are on the rise, the implications for RCM providers, and the only viable solution for overcoming these challenges: https://lnkd.in/g6dGBpzj #ConversationalAI #HealthcareCollections #DebtCollection #DebtRecovery #ARMIndustry #AccountsReceivable #ARM #MultichannelAI #RCMCompanies #RevenueCycleManagement #PatientCollections #EarlyOutCollections

Happy 4th of July to everyone from Skit.ai! Wishing you a day filled with fireworks, fun, and freedom! 🇺🇸

Collection agencies rely on credit scores to assess consumers' creditworthiness, but these scores have significant limitations: a) They are based on limited credit lending history, leading to biases against consumer segments with minimal credit records. b) They lack detailed data on consumer behavior, such as the optimal time to contact a consumer for effective engagement. #LargeLanguageModels (LLMs), trained with proprietary data and past agent interactions, can bridge these gaps. LLMs can reduce biases and help collection agencies determine the best engagement and recovery strategies at an individual level. Skit.ai’s Generative AI technology can: - Reduce biases against specific consumer segments with limited credit histories. - Help determine the best engagement strategy for each account. Read the latest oped by our CEO, Sourabh Gupta: https://lnkd.in/diG73Jki #ConversationalAI #LargeLanguageModel #LLMBots #DebtCollection #DebtRecovery #ARMIndustry #AccountsReceivable #ARM #MultichannelAI #AutoFinance #AutoCollections

To mark the conclusion of #PrideMonth, today our team participated in a fun scavenger hunt about the importance of celebrating LGBTQ history and identities! 🌈

Exciting news from our ML research team!