Your ophthalmology practice needs loyal patients and on-time payments to thrive. What should you do if past-due invoices are piling up? Here are some things to consider regarding your overdue accounts receivable. Do You Have Existing Policies in Place? First,... Read Full Article
If your business is ready to invest in a professional debt collection agency to improve your chances of collecting the money that you are owed from consumers, clients, patients or other businesses, it can be hard to sort through which... Read Full Article
Whether you’re an experienced physician or a young doctor ready to branch out on your own, transitioning from being an employee to a practice owner is a serious decision. From developing your management skills to balancing the financial intricacies of... Read Full Article
As a business owner, accounts receivable manager or collection agent, there are many challenging and sensitive phone calls you need to make on a regular basis. Money isn’t just one of the leading causes of relationship troubles; it’s also one... Read Full Article
High Emotional Intelligence is an asset in stressful positions. Taking steps to raise your Emotional Intelligence Quotient can have significant benefits to you and your organization. Billing and collections can be particularly stressful and an increased EQ will contribute to... Read Full Article
Significantly overdue invoices are a problem in many industries. There are several things you can do to increase the likeliness of getting paid promptly for the products you sell. Every one of these can have an impact on your organization’s... Read Full Article
Whether to hire a lawyer or collections agency is not an “either / or” question but rather one of the correct sequence. We recommend giving your significantly overdue accounts to a collections agency first. There are several reasons for... Read Full Article
Alacrity Collections Corporation, a Maryland-based collections agency specialized in improving cash flow through collections on behalf of its clients in the Mid-Atlantic region and beyond, celebrated its 35th anniversary on July 1st. Alacrity primarily assists clients in the healthcare field... Read Full Article
As with many questions, the answer to “when do you need a collections agency” is “it varies.” It really depends on several points. Here are four of the most important reasons why a business or practice owner should... Read Full Article
A Collection Agency helps your organization be more profitable. Clinics and companies alike have mostly patients or clients who pay their bills when the money is due. This is usually at the time the service or product is provided or... Read Full Article