Support Tools Choosing to go down the path of having a debt professionally collected is a very personal decision for a practice. First, we suggest a self-audit of your intentions and these Support Tools can help you make those decisions. The first is a chart that helps you determine which approach for debt collections may…
Amnesty vs. Balance Forgiveness
Compliant Collections Improper charging and billing procedures can instantly land a practice in hot water. Financial compliance rules dictate that we must charge and bill correctly. However, the collection practices of a business are customizable, within reason, to the desires of the business owner. Randomly writing off balances willy-nilly or charging different fees for the…
Bad Debt Collection Options
Of course, providers don’t want to see bad debts on their books, but bad debt does happen. This tutorial has a compilation of suggestions for avoiding bad debt and how to decide when—and if—you want to pursue collection if you do end up with bad debts on the books. Find answers here as to the…
Accounts Receivable Snapshot
Support Tool “Yay! I love to ask for money” said nobody ever. Sometimes, we don’t even want to look at how much the A/R has grown to. But the simple truth is that we must start someplace, and you’re in the right place. This helpful Support Tool allows you to get a snapshot of where…