Our
History
Preferred Medical Deposit (PMD) was created in 1986.
The vision of our founder, David Suby, was to build
an organization focused entirely on providing a
cost effective alternative to the traditional methods
used in the Healthcare industry of managing self
pay receivables. At a time when outsourcing was
a very new concept in Healthcare, this indeed was
a challenge, and at the same time, viewed as innovative
and exciting. Our commitment was to serve only the
Healthcare industry, and we have never wavered from
that commitment.
Through the years, our customers have come to rely
on us to assist them with other components of their
receivables. We’ve developed solutions for
their aged commercial insurance receivables, secondary
insurance receivables, and underpaid manage care
accounts. While we have expanded our expertise,
we have not deviated from the healthcare industry.
We have chosen to remain dedicated to our niche,
and not attempt to become everything to everyone.
We believe that this philosophy gives us an edge
by allowing us to dedicate all of our resources
and talents to a single purpose; improving the financial
health of your organization.
In an industry known for personnel turnover,
we take great pride in the longevity of our management
team and front line associates. This has provided
invaluable continuity to our culture and to our
customers, and is the basis for the relationships
we share with them.
As we look to the future, we expect many more
new changes and challenges. We are well positioned
to meet them, along with our customers. We continue
to integrate the latest technology available on
the market, look for new methods to refine our
operations and build on the foundation of our
success; the outstanding people that make our
organization special.
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