• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Find a Collection Agency

And COLLECT on Your Past-Due Accounts... Starting Today

  • Collection Agency List
  • Commercial
  • Medical

February 2, 2016

How to Choose a Medical Collection Agency

46685658_mAre you are searching for a medical collection agency?

When it comes to medical collections you should consider three important points regarding your choice for a medical collection agency before you alienate or anger a good chunk of your patients.

Here’s what I’m talking about.

Three key factors regarding medical debt collection

The method used to help collect your outstanding accounts receivables (A/R recovery) makes a big difference for your medical practice. So what are those three points?

In no particular order they are:

  1. time-frame for collection attempts
  2. manner or method for contacting slow-paying patients
  3. message of your follow up billing

Let’s review each of these in a bit more detail…

1. Time-Frame

The data suggests that the sooner you rebill your patients regarding their outstanding medical bills, the better chance you have for collecting money that you are owed.

Intervention after a bill is 31 days past due is the best time to begin the process.

That means when you are speaking with a medical collection agency, ask them regarding their time-frame for acting on your behalf.

2. Manner / method of contact

More important than time-frame is the manner used to communicate with your patients.

Let’s face one simple fact…

Nobody wants to receive a notice from a bill collection company. They don’t have a good reputation, and angering or upsetting your patients should ONLY be used as a last resort.

So in many cases it might make sense to work with a professional agency that will rebill your patients using your medical practice name and address. Again, there is strong evidence to support that patients are more likely to repay an outstanding bill when they believe it is sent from the medical office directly.

3. Message

Finally, you’ll want to choose a company for your outstanding accounts receivables that uses what I’ll call “diplomatic” language. Again, the goal is to boost your cash flow and help you get paid for the medical services or procedures you rendered to your patients.

To protect your reputation in the community be sure to choose a company that can:

  • show you sample collection letters they’ll send on your behalf
  • describe how they will follow up letters by phone
  • show you the phone script that is used as a follow up for slow-paying patients
  • outline the collection process from start to finish

Does that make sense?

After all, your goal is to get paid for your services in as efficient and painless a manner as possible.

Find a medical debt specialist today

Save time, money and aggravation by hiring a professional who can help you collect some (or all?) of your outstanding revenue.

Click the link and compare free collection agency quotes today.

After all, when you get down to it you really have two choices:

  1. you can keep doing what you’re doing (and hope for a different result), or
  2. you can find medical collection agencies that can help you recover what’s rightfully yours.

Either way it’s your money… you decide.

Filed Under: Collection Agency Services, Medical Billing Collections, Medical Collection Services

Primary Sidebar

Collection Agency Quotes

Looking for the best collection agency? Compare free quotes from qualified providers that can help you …

Get Started Today about Collection Agency Quotes


Click image for details

Footer

Other Services

  • Bounced Check Recovery
  • Credit Collection Services
  • Find a Dental Collection Agency

Like and Follow on Facebook

Facebook

Policies

  • Collection Agency Leads
  • List Your Collection Agency
  • Articles
  • Privacy Policy
  • Terms of Use
  • Email
  • Facebook
  • Google+
  • LinkedIn
  • Twitter

Copyright © 2009 - 2021 Find a Collection Agency
Powered by Success Marketing, LLC · Log in