Healthcare AR Management
Commercial AR Management
Insurance Overpayment Recovery
If your business is searching for an Atlanta debt collection agency to help you improve cash flow, you might see a logo or mention of CPAR certification.
As a healthcare provider, you have an important decision to make regarding your revenue cycle operations. Do you handle it all in-house or let third-party experts do it? Here’s what you should know about the changing world of outsourced collections from the Healthcare Financial Management Associate’s point of view.
For those providers that serve the Occupational Health and Urgent Care Industry; it is well known that the process to recover payment for the claim is quite different than the billing and recovery of a standard Group Health claim. It’s often that we see these claims age out and have a much lower recovery percentage due to all of the variables involved.
Healthcare businesses and organizations often deal with patients who run into financial distress. When you hire a debt collector for medical debt collections, you are hiring a professional bearer of bad news. Find out why you should not be the one who harasses...
Successful B2B relationships are a must for any company. Although, what happens when businesses have to ask their debtors (other business owners) for past due bills? Find out why working with a commercial debt collection agency may be the best decision your B2B...
The mounting problem of bad debts can put a tremendous financial strain on health organizations and providers. As patients assume more of the burden of health care costs in the form of higher deductibles, more are finding it difficult to meet their obligation for the health services they require. Three ways to manage the effects of bad debt on your practice are:
Sending one of your clients to a collection agency can feel odd if you’ve never done so before. However, there are multiple reasons to submit a claim to a collection agency. While you may not receive all the money from every claim, the sooner an agency can begin collecting on an account, the more likely it is your money will be successfully recovered.
Businesses must keep up with overdue payments, which, of course, isn’t always easy. One thing to keep in mind is a lesson from the Association of Credit and Collection Professionals: Assume clients want to pay. Teach your team this mindset to shift the conversation away from combative and toward collaborative.
Financial responsibility for medical bills is a complex process. A bill may go through many stages before a patient receives it. Dealing with medical collections takes time and effort. Here are three key reasons your healthcare practice might want to outsource collections: