Turning Patient Accounts Over to a Collection Agency—the Right Way

Turning Patient Accounts Over to a Collection Agency—the Right Way

Q: Should patient accounts ever get turned over to a collection agency? A: The altruistic nature of running an urgent care center—to serve the public—can make it difficult to send patient accounts to collection, but it must be done if you want your center to survive. Some urgent care centers choose to leave patient balances in their billing systems indefinitely, but this puts a serious burden on the business by creating additional statement costs, wreaking …

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Credit Card Holds Can Prevent the Hassle of Chasing Payment

Credit Card Holds Can Prevent the Hassle of Chasing Payment

While it may take patients a little time to get used to the idea, prepayment and credit card holds are becoming more and common among urgent care operators who are tired of chasing down payment from patients who’ve already received care—or having to write off charges altogether. Revenue cycle management leaders like Practice Velocity actively promote the concept to their partners. As with anything new (especially anything new involving money), some patients object to the …

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