With each passing year, high-deductible health plans are becoming more widely accepted throughout the industry, and many medical practitioners are seeing a shift in revenue towards patients rather than insurers. At the same time, a recent study indicated that the top collection challenge of more than 80% of physician practices… Read More »The Benefits of Flexibility for Patient Payments

How do debt collectors deal with the ever-stalling and hem-hawing of the consumers they call? Many debt collectors consider it a part of the job. The important thing to remember for debt collectors is that you’re dealing with people with distinct personalities, and it helps to understand who the person… Read More »How to Establish a Rapport with Debtors and Successfully Collect

There was once a time when doctors, hospitals and medical facilities were concerned about patients without insurance not paying their bills. Today, they’re stressing to get paid by the patients who do have insurance. Over the last ten years, insurance companies and employers have pushed the burden of health care costs onto… Read More »The Problems Doctors Face When Collecting Medical Debt

Collecting debt can be an incredibly daunting task—especially in dentistry. While it’s true that debt can be inevitable, there are certainly ways to decrease its chances or even prevent it altogether. When sending notices only goes so far, try these tips to collect debt in dentistry. First: always inform patients… Read More »Debt Collection Tips for Dentist Offices

Regardless of how well you run your business, there’s bound to be late payments and overdue accounts. When a customer or client doesn’t pay on the due date, you should never let their delinquency slide for too long. However, at the same time, you shouldn’t jump to harsh methods of… Read More »5 Ways to Professionally (and Effectively) Ask for Late Payments

When it comes to running a business, managing cash flow is the propellor to the boat. Without it, you won’t go anywhere—unless you try paddling with your hands, of course. Even if that were the case, you quickly realize that it won’t work when you go upstream Cash flow is… Read More »10 Highly Effective Habits to Protect Cash Flow

If you run a business, you may end up asking yourself: when is it time to hire a debt collector? Whether you have many debtors or a few, the simple answer is sooner than later. In fact, statistics show that the longer you wait to call a debt collection agency, the… Read More »When is it Time to Hire a Debt Collector?