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4 Methods to Avoid Dealing with Debt

Date post: 13-Apr-2017
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7
4 Tips Your Office Can Use To Minimiz e Bad Debt
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Page 1: 4 Methods to Avoid Dealing with Debt

4 Tips Your

OfficeCan Use

To Minimize Bad Debt

Page 2: 4 Methods to Avoid Dealing with Debt

#1 Gather demographic data Collect the patient's date of birth, current address, Social Security number, phone number, driver's license number, and email.

Page 3: 4 Methods to Avoid Dealing with Debt

Photocopy a driver's

#2

photo identification

license or some other

Page 4: 4 Methods to Avoid Dealing with Debt

…allowing contact via phone, letter, fax, cell phone and text regarding any delinquent payments.

#3 Have Patients/Customers sign a consent form… 

Acquisition of a

Page 5: 4 Methods to Avoid Dealing with Debt

Collect as Much as You Can,Right Away

Ask the Patient or Customer to cover the co-pay amount immediately.

#4

Page 6: 4 Methods to Avoid Dealing with Debt

Put these strategies together and you reduce your outstanding receivables while

developing loyal patients.

Page 7: 4 Methods to Avoid Dealing with Debt

For more tips, check out icsystem.com


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