® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
“Getting Paid Has Never Been Easier!”
The service you’ve been asking for is finally here.
Previously available only to our largest clients, Green Flag Accelerator, is now available to small and medium sized practices. If you’ve been wishing for an easier, more cost-effective way to systematically stay on top of your patient billing – the wait is over.
•Ever struggle to find the time to contact patients regarding payments?
•Experiencing more frequent interruptions in your cash flow?
•Wondering how you’re going to make ends meet in this challenging economy?
Please go to the next slide.
A Practice Manager’s New “Best” Friend
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
What Is Green Flag Accelerator?
• A Cost effective, diplomatic and systematic fixed fee service that resolves past due
accounts BEFORE they need to go to collection.
• A series of 5 contacts – 3 written and 2 automated calls, made by us IN YOUR NAME
- all for an average cost of only $10
• Green Flag Accelerator leaves YOU in control of your finances, patient relationships
and profits without the cost, headaches and lack of reporting transparency
associated with some “billing services”
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Four Stage Approach
OutsourcedIn House
Efforts – inYour Name
Pre- Collection3rd PartyDemands
3rd Party Verbal
Demands
70 Days
Demand 1
80 Days
Demand 2
90 Days
Demand 3
100 Days
Demand 4
110 Days
Demand 5
We contact slow paying accounts every 10 days increasing intensity in each demand without alienating your customers
or patients.
Early In House Use of a Diplomatic Third Party at a Controlled Cost. You maintain Control of
your Accounts.
120 DaysIntensive Collections/Legal Action
30 Days Diplomati
c Reminder
Letter #1
37 Days
Diplomatic Reminder Call #1
44 Days
Diplomatic
ReminderLetter #2
51 Days Diplomati
c Reminder
Call #2
58 Days
Final Warning Letter
After the invoice or initial statement, submit accounts to GreenFlag Accelerator – limit internal efforts and
expense while controlling the entire process
Systematically contact your patients with 5 contacts in 30 days!
YourIn House
EffortsSend Invoice or Statement Clien
t
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Accelerator
Contact 1:Diplomatic Reminder
Letter
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Accelerator
Contact 2:Diplomatic Reminder
Call
Automated Reminder Call #1:
Hello. This is not a telemarketing call. This is <TSI Client Name> calling regarding your account and a letter we recently sent you on <Date>. This message is for <Debtor Name>.
Please contact us at your earliest convenience at <Phone> and reference your account number <Account>. Again, that’s <TSI Client Name> at <Phone>. Thank you for your immediate attention to this matter.
Click here: to hear this sample message
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Accelerator
Contact 3:Diplomatic Reminder
Letter
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Accelerator
Contact 4:Diplomatic Reminder
Call
Automated Reminder Call #2:
Hello. This is not a telemarketing call. This is <TSI Client Name> calling for the second time regarding your account and a letter we recently sent you on <Date>. This message is for <Debtor Name>.
Please contact us at your earliest convenience at <Phone> and reference your account number <Account>. Again, that’s <TSI Client Name> at <Phone>. Thank you for your immediate attention to this matter.
Click here: to hear this sample message
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Accelerator
Contact 5:Final
WarningLetter
Final thoughts…
® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Prospering in today’s business climate is more challenging than ever. Thousands of hospitals, clinics and large medical practices have relied on Transworld Systems Inc. for over 40 years to provide them with the revenue cycle management tools they needed and required to operate profitably, regardless of the state of the economy.
Now, your practice can take advantage of these same class-leading services as well.
We look forward to speaking with you.
For more information on Green Flag Accelerator or any other Green Flag Services, please contact:
Craig HalfordSr ConsultantTransworld Systems Inc.p. 864-458-7182c. 828-699-0161e. [email protected]