Solutions For Medical Billing, Inc incorporates a comprehensive and expanded patient collections system.  The collection module built into the system is designed to manage hard-to-collect accounts through either progressive letter writing campaigns or payment plan tracking.  Either way, it will increase collections and reduce the cost and effort that you expend on past due accounts.  While SMB-Inc does not necessarily replace third-party collection agencies, we will greatly reduce the dollar amounts that you typically turnover to them.

SMB-Inc uses the collections service as a complete "hands-off" manner to conduct a collection letter writing campaign, or as a "hands-on" tool to manage the working of accounts and maintenance of payment plan compliance for patients.  In either scenario, SMB-Inc will easily accommodate the turnover of accounts to third party collection agencies through readily available reports, automatic transfer of balances to the collection database, and automatic write-off of turned over balances.

Features

Benefits

• Automated letter writing based on your collection policies
• User-defined collection levels with letters that are progressively more assertive
• Ability to send letters as often as weekly
• Automated "work accounts" function keeps SMB-Inc on top of those accounts that require attention today
• Payment plan tracking and reminders
• Automated third-party collection agency turnover with automatic balance write-off

• Reduce past due balances and bad debt write-offs
• Increased collections = improved cash flow
• Reduce expenses to collect past due accounts
• Provide patients with sufficient opportunity to pay past due accounts without affecting your work load
• Reduce amounts turned over to third-party collection agencies