Stay Organized With the Mail Sorting through your daily mail sounds simple, but without a structured procedure like the one outlined in this module, the remainder of the KMC University Collections System is not as effective as it could be. Organizing all inbound documents into one of four categories allows us to implement the posting…
Fair Debt Collection Practices Act
Reference Document This Reference Document is the complete printed text of the Fair Debt Collection Practices Act (FDCPA) as prepared by the Federal Trade Commission. It’s a great resource if you need more detail about a specific situation. Download, save and review it to be sure your collections processes are on point. Fair Debt Collection…
Support Tools for Collections
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…
Tracking Accounts Receivable
Stay On Top of A/R Every office is unique. You may use a computer system to track your accounts receivable, or you may choose a paper accounts receivable log. Regardless of the system you decide to use, it is important that you update and use the log consistently. In this module you will find a…
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…
1500 Claim Form Reference Documents
Download Reference Documents The National Uniform Claim Committee (NUCC) oversees the development of standardized data for the 1500 Claim Form. The NUCC works with the AMA (American Medical Association) and the CMS (Centers for Medicare and Medicaid Services). The NUCC and CMS both have resources pertaining to the 1500 Health Insurance Claim Form. Download, save…