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Using data from approximately 2400 patients of the Florida Hospital in Orlando, Veletsos (2003) presented a more comprehensive study on using predictive modeling software such as IBM Intelligent Miner and DB2 for bad-debt recovery.
What's more, rental payment history has proven to be an effective bad-debt recovery tool for apartment companies that share outstanding balances and write-offs.
Total operating expenses decreased by more than 17% in the first quarter of fiscal 2008 compared with the same quarter last year, primarily as a result of spending controls, a bad-debt recovery, and cost-cutting initiatives the Company put into place in prior quarters.