[gunnut]

I wonder if this is $144 million face value or $144 million for the debt they bought. I have a relative that works in the debt buying industry and medical debt probably sells for Pennie’s on the dollar. So if you have a $1000 medical debt that has been charged off, they can buy it for $100 at 10 cents on the dollar. If it is really old medical debt it could sell even less.

[E. Pluribus Unum]

I wonder if this is $144 million face value or $144 million for the debt they bought.

The second sentence of the article states:

"The debt relief comes through a partnership with the nonprofit organization Undue Medical Debt, which purchases medical debt for pennies on the dollar."