Family medicine has always been very sought out in the healthcare system. Still, this specialized field continues to grow more each day. After the recent pandemic, more families are prioritizing their health. A family medicine specialist provides all sorts of treatments and offers comprehensive health care to newborns and seniors and everything in between. As a family physician, the health of the entire family is in your hands. It’s quite difficult having to worry about billing and collecting invoices, especially when delinquent patient accounts are involved. Southwest Recovery Services is created for your private company’s success. SWR agents are here to provide debt collection services, as well as revenue cycle and accounts receivable management services.
Complications in Family Medicine Debt Collection
There are many factors that complicate billing and the collection of debt. Healthcare plans can have high deductibles, a patient might miss an appointment and forget to cancel, or the economy is down and unemployment is high. The latter is an outside factor– something that is out of our hands. However, families continuously seek family medicine specialists to remedy all kinds of illnesses affecting their family members. Health problems are rising and so are the costs of treatment. This is an unfortunate side effect of the economy and keeping up with state-of-the-art technology. Family medicine physicians treat the nation’s most serious, yet most common health problems such as diabetes, heart disease, hypertension, strokes, cancer, and asthma. Any family member with these conditions may be more heavily impacted by other diseases and viruses. Family medicine is sought out more than ever and the specialists have a lot on their hands. It becomes too complicated to deal with billing and debt collection within their own office.
Debt Collection for Family Medicine Collection
Providing healthcare to an entire family is costly. Some members may need a routine checkup, while a parent is seeking chronic illness treatment. Sometimes, it is hard to keep track of all the billing statements and accrued debt. When this happens, it’s best to outsource debt collection efforts to experts like us. We have the time to focus on debt collection management, and will be able to collect on outstanding debts. Therefore, the family physician can focus on treating its patients, while Southwest Recovery Services handles the money aspect. Trust is encouraged between the patients and the providers, and confusion is avoided.
Revenue Recycle and Accounts Receivable Management for Family Medicine Collection
Revenue recycle management is used to track revenue from patients from their first appointment to their last. It is a system that Southwest Recovery Services provides to ensure that insurance companies and patients are being billed properly. Our accounts receivable management team makes sure that patients pay their responsible portion on time. Ensuring a consistent cash flow is what keeps your practice operational. Southwest Recovery Services is well equipped to ensure smooth and efficient monetary management while allowing you to focus on your practice and keeping families healthy and smiling.
Implement Southwest Recovery Services Today
Outsourcing to our professional recovery agents will help your business flourish. The agents are trained in the best debt collection practices and will create a seamless exchange. Through our consistent and effective communication, friendly and to the point, we use every available strategy to collect unpaid debts. Our systems will track your revenue and collect payments in a timely manner, so you can focus on providing the best healthcare possible. Give us a call today to learn more about the services we have to offer!