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    Corporate Fraud-In Praise of Jail Time
    Finally, we are beginning to see real serious consequences for some of the players in the frauds that have been so prominent in the recent news. A third Enron executive is now sitting in a jail cell, and one WorldCom top dog has been arrested. Even Martha Stewart has final
    be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for y
    IT Usage in the Apparel Industry
    The Indian Apparel and Textile industry is largely fragmented with the largest player having less than 2% of the market share. Apart from contributing the highest net export earnings (16 percent), it contributes about 14 percent to the total industrial production and 4 per
    What if your financial coordinator (FC) never had to deal with slow-paying patients again? Cash flow would be healthy and consistent, you would have plenty of money to invest in your business, and you would lower her stress level and yours. Would you be interested in a way to make this happen? I am certain your FC would!

    For many orthodontic practices the reality is that some patients treat your unpaid statement like it's a free loan. They dismiss phone calls and letters, haggle with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to consider. After 60 days the likelihood of collecting on outstanding invoices diminishes significantly. According to the Commercial Collection Agency Association you have only a 69.6% chance of collecting at 90 days and at six months it falls to 52.1%.

    Think of the benefits of a collection system that works:

    • You save company time and resources
    • You increase your receivables each month
    • Your cash flow improves
    • Your company becomes more profitable
    • You and your FC's quality of life improves

    An experienced Management Consultantcan help youimprove your cash flow situation. Implementing a system that works will prevent unpleasant exchanges between you, your team and patients about delinquent accounts when they're in the office for periodic adjustments. One thing you can be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for yo

    Finding the Appropriate Team
    You must be able to define the ultimate goals and find the holes before you can look for team members to fill the void. Without this definition of where you want to go and what additional services you want to provide, there is not point in adding Power Team members. Establ
    tement like it's a free loan. They dismiss phone calls and letters, haggle with your FC and threaten to report you to the ADA for ‘abandonment' when she tells them treatment must be discontinued. They will do any or all of these when they do decide to pay after 60, 90, 120 days or longer. But there is a proven way to get paid faster and on a consistent basis.

    Here are some numbers you need to consider. After 60 days the likelihood of collecting on outstanding invoices diminishes significantly. According to the Commercial Collection Agency Association you have only a 69.6% chance of collecting at 90 days and at six months it falls to 52.1%.

    Think of the benefits of a collection system that works:

    • You save company time and resources
    • You increase your receivables each month
    • Your cash flow improves
    • Your company becomes more profitable
    • You and your FC's quality of life improves

    An experienced Management Consultantcan help youimprove your cash flow situation. Implementing a system that works will prevent unpleasant exchanges between you, your team and patients about delinquent accounts when they're in the office for periodic adjustments. One thing you can be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for y

    Invoice Factoring Discounting
    Invoice discounting is similar to invoice factoring, the difference being that the sales ledger management and the factoring company does not take up the collection responsibility. Invoice Discounting is good for businesses that are established with sufficient staff and in
    er 60 days the likelihood of collecting on outstanding invoices diminishes significantly. According to the Commercial Collection Agency Association you have only a 69.6% chance of collecting at 90 days and at six months it falls to 52.1%.

    Think of the benefits of a collection system that works:

    • You save company time and resources
    • You increase your receivables each month
    • Your cash flow improves
    • Your company becomes more profitable
    • You and your FC's quality of life improves

    An experienced Management Consultantcan help youimprove your cash flow situation. Implementing a system that works will prevent unpleasant exchanges between you, your team and patients about delinquent accounts when they're in the office for periodic adjustments. One thing you can be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for y

    Better Communication For Better Business - But How?
    “We need to communicate better!” This is the most evident catch-all solution people offer to fix all kinds of problems in the workplace – from poor safety to a failing merger; from poor management to an unmotivated workforce. And it’s true. To help people perform better in
    cash flow improves
  • Your company becomes more profitable
  • You and your FC's quality of life improves
  • An experienced Management Consultantcan help youimprove your cash flow situation. Implementing a system that works will prevent unpleasant exchanges between you, your team and patients about delinquent accounts when they're in the office for periodic adjustments. One thing you can be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for y

    I Want to Sell my Healthcare Information Technology Company - Just After This Next Big Sale
    You have made the decision to sell your healthcare information technology company. Maybe it was because your prospects are selecting the inferior product but superior safety of your brand name competitor. It could be that one of the industry giants recently acquired one of
    be certain of, and that is, you will not receive any referrals from a patient whose account is delinquent. You will get negative comments said about you and your practice, for sure. Your team will suddenly become rude, your fees too high and your skills questionable. No one can afford this kind of publicity; therefore, it's imperative to get a handle on collections in your practice. My system will do that for you.

    ©2007 Avis Ward of AWard Consulting, LLC

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