5 Reasons It’s Better to Outsource Your Debt Collection.
Asking for money owed by patients is never easy, so usually is is better to outsource your debt collection to another agency.
What are some reasons why outsourcing this might be the better option?
- More focused service
Outsourcing your debt collection means that you do not have to do it yourself. As most doctors are not trained in debt collection, finding a debt collector to do it for you puts all the effort and work into more trained and specialized hands.
The medical field is a very personal place. People go to the doctor to tell them about things that need medical attention that they may not even tell their closest loved ones. As a result, many doctors handle their patients with an air of sympathy.
Bill collecting is highly apathetic. When a payment is due, people often don’t want to hear a non-negotiating or cold voice asking for money after all they exposed to the practitioner. So giving your bill collecting to a third party prevents the conflict, allowing you not to have to deal with the conflicting emotions.
3. Saves awkwardness
After you take care of a patient, asking for money afterwards can become very awkward. From sob stories to not answering calls, it can make you feel strange to have to hound someone you just helped, for money. Allowing a third party to do it for you helps lift that burden, so you no longer have to worry about calling another one of your clients and demanding the money they owe you.
4. Gets better results
Since a collection agency is more trained on the best ways to get payments, as well as more focused on that result, the odds are much better for getting the money back than if you did it yourself. They are better at dealing with the patient on a more business level, and get the money back that you are owed.
5. Saves time
Since you no longer have to deal with these debts personally, you no longer have to spend time worrying about them. That time that you would have otherwise spent trying to get the money you are owed is now someone else’s job.
For and on behalf of United Medical Recovery