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"We Close the Loop"
Not only does WHIN improve your cash
flow through strong billing support, we will "close the loop" in your billing
cycle. WHIN aligns you with a specialized account recovery firm that
knows your industry, understands "coding," and offers recovery rates at or in
excess of, industry standards.
WHIN knows that cash-control is
paramount in any business. By the time an account is 6-months old, national
studies reveal that its value has dropped to 54 cents-on-the-dollar!
Promptly submitting accounts for formal collection is critical to maximizing
cash availability.
WHIN researches the collections
industry and will only partner with a firm that:
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Is experienced in the Medical
market |
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The firm must demonstrate a
minimum of 10 years successfully collecting past due monies from patient
populations. |
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Performs |
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Account recovery rates at or above
industry averages. Our current partner-firm has experienced recovery rates in
excess of 50%, though typical rates, and industry averages are between
25%-35%. |
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Facilitates In-house Cash
Recovery before accounts are submitted to collection |
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The partner-firm must use
RecoveryAssist™ or similar in-house collections management system. Our
current partner-firm actually sets up the front end of the collection system
in-house, trains your staff, provides State-approved collection letters, and
insures timely contact with slow-pay accounts. Consequently, your cash flow
improves even before a licensed firm becomes involved, saving you potentially
thousands of dollars over time, and improving cash flow. |
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Is Technologically
Advanced |
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The firm must use state-of-the-art
software, be capable at least of receiving account information via Email, and
have current or intended capability of providing real-time account access by
you. |
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Direct, No-nonsense…but
Always Professional! |
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WHIN actually listens to the
firm's account recovery specialist to help ensure that staff communicated
professionally and knowledgeably with patient-debtors. We seek to preserve the
relationship, not just collect money! |
Click here if you'd like us to send you
more information about Account
Recovery.
To become a subscriber:
Call us at
414-448-1100 or 1-800-331-9446, or e-mail
us
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