Computer software, processes, algorithms and intelligence that forecast a settlement price and negative actions taken by providers against patients, with debts owed, based on specific variables

A computer-implemented method of resolving a Debtor's debt obligation to a creditor, wherein the creditor is a medical provider, an entity acting on behalf of the medical provider, or an owner of the Debtor's debt obligation, the method comprising:

• receiving, by a processor, data relating to the Debtor's debt obligation from at least one of a medical bill, medical claim, or insurance statement of the Debtor, wherein the Debtor's debt obligation includes results from at least one of an insurance company's explanation of benefits, one or more medical bills, or one or more medical claims;
• determining, by a rating algorithm implemented by the processor, an anticipated amount for which the creditor will settle the debt as a greater of a cost-to-charge ratio of the creditor or a percentage of a Medicare allowable amount for a medical debt owed by the Debtor, the rating algorithm using predictive analytics to determine the anticipated amount based on the data relating to the Debtor's debt obligation and historical settlement data of the creditor;
• calculating, by the processor, a debt purchase amount to be offered to the Debtor to have a third-party entity fully assume the Debtor's debt obligation, the debt purchase amount being based on at least:
• (i) the anticipated amount for which the creditor will settle the debt, and
• (ii) operating costs of the third-party entity and profit margin for the third-party entity;
• automatically electronically generating and sending, by the processor, a communication to the Debtor via a communications network, the communication including an offer to the Debtor to have the third-party entity fully assume the Debtor's debt obligation for the debt purchase amount;
• automatically electronically generating and sending, by the processor, a document via the communications network to the third-party entity, the document indicating that the Debtor has agreed to transfer the Debtor's debt obligation to the third-party entity pursuant to terms of the offer;
• and
• automatically electronically generating and sending, by the processor, a notification via the communications network to the creditor, the notification notifying the creditor that the third-party entity has assumed responsibility for the Debtor's debt obligation,
• wherein the third-party entity resolves the Debtor's debt obligation to the creditor.