International Monetary Systems, Inc. is a publicly traded financial services company, listed on the OTC Markets under the symbol ITNMD. The firm specializes in the acquisition and management of consumer, commercial and medical debt portfolios. By purchasing delinquent receivables at a discount, International Monetary Systems seeks to generate returns through systematic recovery efforts. The company’s operations encompass both charged-off accounts and performing receivables, allowing for diversification across credit profiles.
In addition to debt purchasing, International Monetary Systems provides a range of revenue cycle management services tailored to healthcare providers. These offerings include medical billing, practice management, accounts receivable support and patient self-pay solutions. Leveraging proprietary analytics and compliance protocols, the company works with hospitals, physician groups and specialty clinics to streamline billing workflows, reduce claim denials and improve cash flow. This integrated approach positions International Monetary Systems as a partner for providers aiming to outsource complex back-office functions.
Founded in the early 1990s and headquartered in Las Vegas, Nevada, International Monetary Systems has grown through strategic acquisitions of portfolio assets and specialty service firms. Over the years, the company has expanded its geographic footprint across North America and established partnerships with industry stakeholders to access diversified receivables. A focus on regulatory compliance, consumer protection and ethical collection practices underpins its growth strategy, ensuring alignment with evolving federal and state regulations governing debt collection and medical billing.
Leadership at International Monetary Systems is anchored by Chief Executive Officer John D. Mikulenka, whose background in financial services and healthcare administration guides the company’s dual focus on debt recovery and revenue cycle innovation. Supported by a seasoned executive team in finance, operations and compliance, the firm emphasizes technology-driven solutions, transparent reporting and best-practice methodologies. As credit markets and healthcare reimbursement environments evolve, International Monetary Systems aims to adapt its service offerings to meet the changing needs of creditors and care providers alike.
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