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Medical Billing Service A Medical Billing Service policy that effectively requires some formal system that ensures overdue accounts payable. Letting late payments languish can disrupt cash flow and can damage the chances of a successful company medical company. To keep receivables flowing revenue cycle management service smoothly, many businesses use a series of letters and phone calls to encourage customers to pay. This communication starts with a friendly and progressively become more serious and insistent as payments become overdue. How do you organize your collections system is an individual matter - for example, you may feel more comfortable calling up clients than sending letters. The most important is to have a system, and you can use the steps below to make your system. Step 1: Call phone customer satisfactory Dissatisfied customers are more likely to pay late. These friendly calls let you inquire about your performance to ensure you meet the needs of customers. End these calls by mentioning that a bill will be arriving shortly, and reinforce its due date. Step 2: First overdue notice regarding This is a friendly reminder that the due date has passed. You assume that the customer has forgotten, neglected, or lost the bill and will be willing to pay just a little encouragement. One common way is to send a duplicate invoice with the stamp ’LATE’. . Step 3: Send the two overdue notices Another mild nudge reminds the customer that the account needs attention. This could short letter duplicate invoice attached. 32355