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Best Practices for Medical Accounts Receivable Management

Nexa Collect

Never threaten to send your patient’s account to a collection agency except for cases when it is legally allowed and you actually intend to do so. Maintain clear records of your practice’s attempts to collect an outstanding balance. . or after 9 p.m.

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Avoid These Business Killers: Hire an Accounts Receivable Management Company

Credits Inc

Your finances are no joke, which is why an accounts receivable management company may be the thing you need to take your business to the next level. accounts receivable management company. Hire a collection agency and your invoices will always go out on time. You will avoid debt.

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5 Little-Known Strategies to Boost Your Debt Collection Success

Taurus Collect

Consider Professional Debt Collection Services If internal efforts fail, dont hesitate to bring in the professionals. A debt collection agency has the expertise, resources, and legal knowledge to recover outstanding debts more effectively than doing it alone.

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What You Need to Know About Debt Collection Agencies

Credits Inc

million in debt was recovered by debt collection agencies. This reflects their effectiveness in debt collection as well as keeping you in business should you require their services. Here is a detailed guide to help you understand more about a debt collection agency. How They Operate.

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A Brief Guide on Services Provided by Debt Collection Agencies

Credits Inc

A study conducted in 2017 indicated 8,513 debt collection agencies were operating in the United States. The primary purpose of business debt collection services involves recovering delinquent amounts and past-due debts. business debt collection services.

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6 Tips to Find the Best Debt Recovery Agency

Credits Inc

Current reports show that debt recovery agencies recovered more than $78 billion in 2016. The number is a clear indication that the services offered by debt collection service companies works and you should try if your debtors have exceeded the payment period that you had agreed upon. Agency Accreditation.

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The Real Cost of Doing Nothing

Burt and Associates

Include specific payment deadlines, and clearly state your intent to escalate the account if no action is taken. Engage a Commercial Debt Collection Partner At this point, working with a professional collection agency like Burt and Associates can save you time and maximize your chances of full recovery.