All of us struggle with collecting from insurance companies. It’s not a new issue, but these two solutions are speeding up accounts receivable cash flow for our clients and we’d like to share them with you. The first is called Talking Statements. Talking Statements are automated phone calls made in your office’s name. The calls…
DetailsIn a downturned economy, profit recovery is the lifeline many businesses are in need of, but have no idea exists, or how to go about implementing an accounts receivable strategy that keeps cash flowing consistently and predictably. First, consider this data: Gas prices on the rise: Fox8.com (March 28, 2012) – “The price of…
DetailsI’ve been telling my son for years that ‘sticks and stones may break my bones but words will never hurt me.’ Yes, thumbs in my ears, fingers wiggling and tongue stuck out. And yet, for the past 25 years, I have been searching for the best way to answer the question ‘Where do you work.’ I love…
DetailsMedical providers have obligations under the law to protect patient data in all forms. And, as the use of electronic databases has grown, so have regulations. Electronic Records and the HITECH Act The Health Information Technology for Economic and Clinical Health Act (HITECH Act), which was created to stimulate the adoption of electronic health records (EHR) and…
DetailsDo you participate in any of these time saving, convenient, technology-based activities? • Online shopping • Online banking • Use of smartphone mobile apps Communication via Technology: • Email • Instant messaging to chat with friends and family • Texting as a quick and easy way of communicating • Connecting with friends and family online…
DetailsWhen a debt languishes, it’s important to remind the client and request payment. This often involves sending a collection letter, but what should be in it? Here are three primary tips: GETTING PAID How do you inspire your customer to pay promptly? First, communicate that the debt is a serious matter. This requires some care (see “Staying Legal” below),…
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