Medical collections are an issue in a lot of hospitals and other medical institutions. Having a debt collection agency work on the medical collections can be quite a challenging task for any office manager for different medical institutions. There may be times when the hospital office manager will create the monthly or annual financial statements and then realize that there … [Read more...]
Archives for April 2012
How To Make Effective Collection Calls
Collection calls are hard because they are a part of business, but it is also a personal matter – which is what makes it so hard to do. People get emotional and have to make business decisions about their bottom line. How To Make Effective Collection Calls Calling a past due customer and asking them to pay their bill is not on the top of anyone’s list of fun things to do. … [Read more...]
Important Issues Related to Commercial Debt Collections
The rules and regulations governing commercial debt collections are completely different from the consumer debt collections. One can find lots of information related to consumer debt collection. There are many companies that specialize in this field. However, when it comes to commercial debt collection, it can be little tricky to find the right company that provides reliable … [Read more...]
The Benefits of Using a Commercial Collection Agency
If you have a substantial amount of past due accounts and you are not using a commercial collection agency, then you are leaving money on the table. Many businesses, especially small and medium size businesses will ignore the possibility of collecting overdue accounts with help from a professional agency. There is an attempt to collect internally, using employees in the … [Read more...]
Why Use A Debt Collections Agency?
Bad debts can create lot of problems for both small and large businesses. As our economy continues to struggle, the problems created by bad debt are worsening around the US. Many companies have already gone bankrupt as they were unable to recover their millions of dollars worth of outstanding debts. Chasing up payments with customers is not only cumbersome, but is time … [Read more...]
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