Tired of feeling burried by the billing and payment processing aspect of your practice? If so, then our medical billing program is what you are looking for.
Collection Bureau Services offers an attractively priced billing service for your patients who are set up on a fixed, recurring payment schedule.
This process is part of a strategy to reduce the number of days your dollars are in AR, increase your cash flow, and allow you to refocus staffing. Economic and insurance related pressures on patients are slowing the AR process for all medical providers, and CBS looks forward to helping you take pro-active steps to address this growing trend.
On these accounts our clients:
Set initial monthly payment amounts and date OR use a pre-set payment schedule to determine monthly payment amount.
Submit the total due, monthly amount, date and basic patient contact information through our HIPPA compliant on-line submission form, mail or fax for data entry.
Collection Bureau Services will:
Send the patient regular statements of accounts in a format approved by you.
Monitor payments to insure that the minimum amount received monthly is the amount set by you.
If the account is thirty (30) or more days past due, CBS will send a “past due” letter of a type approved by you. This past due notice will be sent only after the first late payment. The letter is similar to our “pre-collect” letter and serves the same function.
Convert the accounts to regular collection at your current rate (if you are a regular collections client) if payment is 45 days past the due date.
CBS will perform the above functions for a percentage of collected payments.
You can be confident that a partnership with CBS billing services will be a benefit to your bottom line, while also maintaining the respect for your patients that they deserve.