Like consumers, businesses accumulate debt.
Medical collections is an issue many in the medical field encounter. Whether you have a large medical practice or are a single practitioner, cash flow is negatively affected by slow-paying patients and unresolved insurance claims.
Running your own practice can difficult, but sometimes the biggest challenge for a small business owner comes when it’s time to get paid.
Late-paying Insurance Companies usually fall into three categories:
1. Insurance Companies who want to pay but, because of real financial problems, can’t do it on time.
2. Insurance Companies who prefer to delay or juggle payments.
3. Insurance Companies who will do whatever possible to avoid any payment.
At Superior Billing LLC we understand the special needs of medical practices and our receivables management services are designed to keep patient relationships intact when dealing with medical collections.