Accounts Receivable Management, Debt Collection, Digital Collections, Statements and Letters
DEBT COLLECTION PAYMENTS | 7 MIN READ 5 Tools to Maximize Debt Collection Revenue During the 2020 Tax Refund Season The IRS started accepting income tax returns on January 27, 2020. For the taxpayers who filed their returns at the end of January, tax refunds...
Accounts Receivable Management, Communications, Debt Collection, Healthcare Billing, Online Payments, Revenue Cycle, Statements and Letters, Text Messaging
BILLING & PAYMENTS | 5 MIN READ Make a Proactive Billing Strategy Your 2020 Resolution Written by Michael Wise Accounts receivable plays a crucial role in the long-term success of most businesses, yet few organizations take a hard look at their billing processes....
Debt Collection, Featured, Healthcare Billing, Healthcare Communication, PCI Compliance, Revenue Cycle
REVENUE CYCLE | 10 MIN READ How Capturing Credit Card on File at Patient Intake Shortens DSO, Reduces Bad Debt, and Cuts AR Costs Written by Michael Wise Drastic Shift in Responsibility to Patients Demands Proactive Accounts Receivable Strategies Bad debt has...
Accounts Receivable Management, Debt Collection, Digital Collections, Featured, Healthcare Billing, Revenue Cycle, Statements and Letters
Collections should be a sprint—not a marathon If debt collection and accounts receivable are a significant part of the financial success of your business, there are several questions you should be able to answer: How effectively are we collecting outstanding debt...
Accounts Receivable Management, Communications, Compliance, Debt Collection, FDCPA & CFPB Compliance, Regulation F, Statements and Letters
COLLECTIONS & COMMUNICATION | 5 MIN READ How to Write Effective and Compliant Collection Letters: A Checklist In today’s debt collection space, many organizations are focused on new and improved ways of connecting with consumers. While this is a...
Accounts Receivable Management, Communications, Debt Collection, FDCPA & CFPB Compliance, Payment Solutions, Revenue Cycle, Statements and Letters
COMPLIANCE | 10 MIN READ Don’t Make the Fair Debt Collection Practices Act Unfair Industries that deal with any form of debt collection or consumer billing received good news from the Consumer Financial Protection Bureau (CFPB) appears to give debt collectors...