Collection Agency Offers Sound Advice for Medical Practices in the Spirit of National Doctor’s Day

American Profit Recovery Shares Tips on Creating a Successful Accounts Receivable Program for Doctors

Marlborough, MA, March 29, 2011 -- American Profit Recovery, a collection agency based in Michigan, Massachusetts and North Carolina has long provided diplomatic and affordable solutions to the age old problem of medical collections. National Doctors Day is recognized on March 30 and APR once again offers advice for medical practices to stay on top of cash flow.

National Doctors Day celebrated since 1933 but signed into law on March 30, 1990 is a way to celebrate the contributions doctors make to our society as well as recognize the enormous financial investment people make to become a doctor. When doctors go out into a practice, they are often faced with the issue of patients not paying for services for any number of reasons. More on National Doctors Day can be found here; http://en.wikipedia.org/wiki/National_Doctors%27_Day

A medical practice demands a diplomatic and affordable solution to managing their accounts receivables as well as diligent internal accounting procedures. American Profit Recovery offers these simple tips for medical and dental practices to manage their late-paying patients. A video on the subject of medical collection can be found here: http://www.americanprofit.net/blog/2011/03/national-doctors-day-march-30/

Always invoice on time for services. A small practice can fall behind in their billing due to a lack in staffing but a regular time each week to invoice is vital to keeping up on accounts receivables and keeping patients coming back.

If possible, secure fees for services at the time of the patient visit. Many medical practices have signage in their waiting rooms that indicate this policy but many do not follow through. Ask nicely before the patient leaves if they would like to take care of the fees now.

As many medical practices do not want to lose a patient, find a reputable collection agency that not only pledges a diplomatic approach to contacting patients on your behalf but also offers a low-cost solution so when it comes time to send a patient to a third-party collection agency, it actually saves the medical practice money.

“Most doctors we encounter have the goal of keeping a good relationship with their patients as their top priority,” states Jeff DiMatteo, a partner at American Profit Recovery. “Issues such as past due fees can sometimes get in the way of the trust that a doctor or dentist needs to have with the patient so we suggest a regular schedule of invoices coupled with help from a diplomatic collection agency.”

About American Profit Recovery:
American Profit Recovery (APR) is a collection agency with offices in Massachusetts, Michigan and North Carolina. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. With early intervention and a strong focus on ethics and diplomacy with consumers, APR works hard to preserve the relationship between client and consumer with an ultimate goal of keeping the business relationship intact. The firm serves approximately 3,500 clients nationwide. American Profit Recovery and their team have earned many awards including Best Places to Work in Collections and Most Influential People in the Collection Industry. 800-711-0023 http://www.americanprofit.net/

Contact:
David Greenwood
American Profit Recovery
Marlborough, MA
978-568-1374
david@davidagreenwood.com
http://www.americanprofit.net/

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