Best Receivables Management Receives Lillie Knox Award

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Amanda Ward Receives Grant to Fund Growth Initiatives from Women’s Business Council -Southwest

Best Receivables Management president, Amanda Ward, is a recipient of this year’s Lillie R. Knox Investing for Growth award, presented by the Women’s Business Council-Southwest (WBCS). Ms. Ward, along with eight other woman-owned businesses, will receive a grant to be used to advance the business.

Ms. Ward started Best Receivables Management nearly four years ago after seeing an opportunity in the industry to provide high-touch service with consistent professional follow-up to enhance AR management, collections assistance and customer service. The firm provides first-party receivables management, as well as collections on bad debt. The company founder saw the benefits of hands-on collections work growing up in a family where her mother managed the receivables for her pharmacist father. “I saw firsthand how to develop a mutually beneficial relationship between customer and health care provider, as well as improve cash flow and financial predictability. I knew that if collections were handled properly, it enhances the financial position and reputation of the healthcare organization within the community.”

The awards were presented at the Lillie Knox Memorial Luncheon during the WBCS Annual Harvesting Partnerships event on September 10 at the Hyatt Regency DFW Airport Hotel. The Lillie Knox Investing for Growth award began in 2005. WBCS established the award as a tribute and memorial to founding member Lillie Knox. Lillie passed away in November 2003, after a long and courageous battle with cancer. The award is an annual cash award, open to a certified woman-owned WBCS member, to fund a critical growth or business development need.

"Amanda Ward is a valued member of the women’s business community. We look forward to being a catalyst for growth for Best Receivables Management. This is exactly the type of successful WBE that Lillie Knox sought to develop," said Debbie Hurst, president of the Women’s Business Council - Southwest. "This award will help take these businesses to the next level of success."

About Best Receivables Management
Best Receivables Management is an industry-leading accounts receivables (AR) management company providing highly effective “first party” AR management, collections assistance and customer service solutions. Healthcare organizations look to BRM to effectively manage their medical accounts receivables, increase cash flow and maintain patient good will. As an innovative business process outsourcing (BPO) organization using proven processes to improve in-office efficiencies and streamline employee tasks, BRM utilizes specially trained professionals and state-of-the-art technologies so their partners can focus on their core mission. Hospital systems and healthcare providers are offered the ability to tailor unique AR solutions through BRM’s thorough, comprehensive approach, thereby removing roadblocks to timely payments, assuring improved financial performance and sustaining mutually beneficial relationships with their patients. Based in Dallas, Texas, Best Receivables Management is a woman-owned business, and proud to be certified as a State of Texas Historically Underutilized Business (HUB), Woman-Owned Small Business (WOSB) and Women’s Business Enterprise (WBE). For more information, email info(at)bestreceivables(dot)com or visit the company website at http://www.bestreceivables.com

About WBCS
Headquartered in Arlington, Texas, WBCS is dedicated to increasing mutually beneficial procurement opportunities between certified woman-owned businesses, corporations, businesses, government entities, institutions and other organizations. With more than 1000 WBE members and 80 corporate sustaining members, WBCS is in its 20th year of providing national certification to women-owned businesses. To find out more about the WBCS, please visit http://www.wbcsouthwest.org. WBCS is a regional affiliate of Women Business Enterprise National Council (WBENC), covering Oklahoma, central and north Texas, Arkansas and New Mexico.

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Donna Hegdahl
The TransSynergy Group
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