Managing the accounts receivable revenue cycle for your company can be a difficult prospect. During the holiday season though, this responsibility can be particularly challenging because of the range of added responsibilities that are all lumped together during the end of the year. The sense of urgency that comes with… Read More »Tips for Collecting During the Holiday Season

Times are changing rapidly, 2020 is approaching, electronic banking has been widely popularized, and some stores no longer accept cash in any form. Surprisingly though, quite a few people are still writing and accepting checks for a variety of transactions. For some, the process of writing a check is simply… Read More »4 Tips for Collecting on a Bad Check

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