Cash flow is always an issue in any business and with QuickCollect I can be assured that our cash flow will benefit rather than our customers who may want to hold onto “our money”.
Columbus, Ohio (PRWEB) June 18, 2014
What if you could trade a nickel for a dollar, would you take it? Anyone that owns a business would! That’s what iMAX Medical Billing is offering with its new service, QuickCollect.
QuickCollect is a unique and proven cash flow improving service (not a collection agency) that:
- Recovers up to 33% more than other options;
- Reduces billing costs;
- Lowers days in receivables;
- Eliminates collection agencies and their high cost;
- Outsources follow up of late payers so you can focus on serving patients;
- Increases cash flow;
- Maintains professional relationships with patients; and
- Identifies problem accounts sooner
Fees for such service have been stated to start around 5% of the amount recovered.
“No business likes the process of needed to recover lost profits through their outstanding receivables,” says Laura Dean, President of iMAX Medical Billing. “iMAX makes this process more tolerable and allows the client to set their expectations and then forget about it while we work the account until recovery or the client chooses credit bureau reporting or litigation.”
One iMAX client summed up QuickCollect with: “Cash flow is always an issue in any business and with QuickCollect I can be assured that our cash flow will benefit rather than our customers who may want to hold onto “our money.” The QuickCollect system really works. I only wish I had done this sooner.”
When companies extend credit to or accepts checks from customers then know that the sale is not 100% made, until the company is actually receives the funds. iMAX provides a (hybrid) financial service for their clients that recover those past due accounts and eliminates the need for a collection agency. iMAX recovers more on past due accounts; does it faster; does it without alienating a client's customers; and does it for as little as 5 cents on the dollar.
To learn more about this product or have questions regarding medical billing collections in Columbus, please contact iMAX Medical Billing at 614-706-5206 or you can visit them online at http://columbusohmedicalbilling.com.