Just about every medical or dental practice finds itself with patients who haven’t paid their bill.
And uncollected payments costs you more than you might think… especially when your staff makes collection calls on your behalf.
Why is that?
Aside from lost revenue, your office is less productive when staff people handle tasks that they were not specifically trained to do (i.e. make collection calls).
What’s more, by making your own collection calls you could find yourself on the wrong end of a lawsuit…
The Truth About Medical Collection Law
Disclaimer alert – I am not a lawyer, nor do I play one online (just kidding).
However, here are some sobering facts about medical collections law that you might want to check out for yourself found in the Fair Debt Collections Practices Act (FDCPA):
- Medical or dental billing notices are essentially the same as other debt notices
- It is illegal to disclose a debt to a third party
- All creditors must identify themselves when making a call
- Failure to comply with the law (even once) means that your practice is liable for damages
To make matters worse, each state has their own collection laws in place that you must follow as well.
In other words, a “simple” collection call could lead to a civil lawsuit against your practice initiated by the very person you are rightfully trying to collect payment from.
If you don’t believe me go ahead and google “stop collection calls.”
There are hundreds (if not thousands) of sites devoted to helping people avoid paying their bills by giving them free advice and tips.
And very few sites devoted to helping you collect what’s rightfully yours.
In the final analysis, when an account becomes 90 past due (though some would suggest 60) it’s time to get professional help rather than making collection calls on your own.
When you get right down to it you really are much better off hiring an outside company to collect on your outstanding medical or dental accounts receivables. Let them handle the legal headaches (and liability) on your behalf.
After all, you’re running a medical or dental practice… not a law practice.
Find a medical debt specialist today
To find a medical collections agency that specializes in medical practices like yours simply request more information from qualified and reputable companies.
Click the link and compare free medical collection agency quotes today.
This way you can save time, money and aggravation by hiring a professional who can help you start collecting on your outstanding bills.
After all, you really have two choices:
- you can keep doing what you’re doing (expecting a different result), or
- you can hire an outside company that can help you collect the money you rightfully deserve.