Turning Accounts Over to Collections After you and your staff have had the opportunity to review the support tool titled, Collection Procedure Determination, the final step in a collections process is to turn the patient’s account over to a third-party collector. Each office must decide on a policy that works with your collector’s calendar. Remember,…
Collection Tips
Establish a process Accounts receivable are your company assets. Choose the best process for managing your company’s accounts receivable, but regardless of the method you choose, be sure that you: Create a record of all sales and receipts Have a system in place for generating invoices on an ongoing basis Keep close track of current…