Collection Agencies -- GreenFlagSM Profit Recovery (via Transworld Systems)

[Guest guest]

We've had discussions before regarding sending patients to collections.

Some have said they never use collection agencies and just dismiss patients who are delinquent and have not responded to letters, phone calls, etc.

Generally, they try not to let the AR get too high. I guess the idea is -- why would they want to keep a patient who isn't respectful enough to pay off the balance for services rendered.

Others are pretty aggressive with collections.

Anyway, my EMR has partnered with GreenFlagSM Profit Recovery (via Transworld Systems).

Anyone using this agency?

Any success?

I don't have any connections to GreenFlagSM Profit Recovery (via Transworld Systems) - just curious if anyone has used w/ success or not.

Here is a video...

http://www.impactmovie.com/transworld/

http://www.transworldsystems.com/prmanager2/press-releases-detail.asp?id=24

eClinicalWorks Partners with Transworld Systems to Simplify and Maximize the Collections Process for Medical Groups

10-23-2006October 23, 2006 – Santa , Calif. and Westborough, Mass. – Transworld Systems Inc. (TSI), the industry leader in profit recovery, and eClinicalWorks™, a leading provider of unified ambulatory clinical information systems, have entered into a partnership to offer medical providers a more efficient and streamlined collections process for slow-paying patient accounts. Under the terms of the agreement, TSI will offer its collections service, GreenFlagSM Profit Recovery, to eClinicalWorks customers at preferred pricing.“Medical practices experience the daily headaches involved in self-pay collections, but with our easy to use web-based system, we do all that work for them so they can get back to their primary responsibility – providing quality medical care,” said Ken Eissing, Senior Vice President, Sales and Marketing Operations, Transworld Systems Inc. “eClinicalWorks is one of the nation’s premier providers of clinical information technology services to medical groups, and by combining our respective services, we can now seamlessly transfer claims data from accounts receivable to collections, thereby offering customers an enhanced revenue cycle workflow.”Practices using eClinicalWorks’ practice management system will be able to view all of the collections activities and administer collections directly through TSI, which will speed up payments and lower internal costs – increasing practices’ cash flow. With a few mouse-clicks, practices can identify and select delinquent patient accounts and electronically transfer those accounts to TSI to handle the collections. And, as the diplomatic alternative to traditional collection agencies, practices can maintain their positive patient relationships. Transworld Systems has extensive experience in the healthcare industry and has been an MGMA (Medical Group Management Association) AdminiServeÒ Partner since 1998. AdminiServe is the branded name for the association’s preferred supplier network."eClinicalWorks constantly pursues innovative means to make physician practices run smoother," said Girish Kumar Navani, president of eClinicalWorks. "Being able to collect payments faster will not only increase the efficiency of the practice but will also increase the quality of patient care. We are pleased to offer our customers Transworld#sq#s GreenFlag Profit Recovery service so they can keep their minds on their number one priority – their patients."

Locke, MD

[Guest guest]

,

If this is the same company I talked to, they have an office in Co Springs. If

so, they charge a flat fee like $2500/ year and then send patients letters like

a collection agency, but they actually don't do real collections. If they

collect more than you paid them, you make out, if not you lose. When the woman

came to talk to me, my AR was low, still is, and it looked like a looser to me.

I do insist on credt cards, so can get my balnace billings usually. If not and

they are active patients, I usually hold the amount and flag the record and

collect when they call again for an appointment

Jim

________________________________

From: on behalf of Locke's in Colorado

Sent: Tue 7/22/2008 9:46 AM

To: Locke's in Colorado

Subject: Collection Agencies -- GreenFlagSM Profit

Recovery (via Transworld Systems)

We've had discussions before regarding sending patients to collections.

Some have said they never use collection agencies and just dismiss patients who

are delinquent and have not responded to letters, phone calls, etc.

Generally, they try not to let the AR get too high. I guess the idea is -- why

would they want to keep a patient who isn't respectful enough to pay off the

balance for services rendered.

Others are pretty aggressive with collections.

Anyway, my EMR has partnered with GreenFlagSM Profit Recovery (via Transworld

Systems).

Anyone using this agency?

Any success?

I don't have any connections to GreenFlagSM Profit Recovery (via Transworld

Systems) - just curious if anyone has used w/ success or not.

Here is a video...

http://www.impactmovie.com/transworld/ <http://www.impactmovie.com/transworld/>

http://www.transworldsystems.com/prmanager2/press-releases-detail.asp?id=24

<http://www.transworldsystems.com/prmanager2/press-releases-detail.asp?id=24>

eClinicalWorks Partners with Transworld Systems to Simplify and Maximize the

Collections Process for Medical Groups

10-23-2006

October 23, 2006 - Santa , Calif. and Westborough, Mass. - Transworld

Systems Inc. (TSI), the industry leader in profit recovery, and

eClinicalWorks, a leading provider of unified ambulatory clinical

information systems, have entered into a partnership to offer medical providers

a more efficient and streamlined collections process for slow-paying patient

accounts. Under the terms of the agreement, TSI will offer its collections

service, GreenFlagSM Profit Recovery, to eClinicalWorks customers at preferred

pricing.

" Medical practices experience the daily headaches involved in self-pay

collections, but with our easy to use web-based system, we do all that work for

them so they can get back to their primary responsibility - providing quality

medical care, " said Ken Eissing, Senior Vice President, Sales and Marketing

Operations, Transworld Systems Inc. " eClinicalWorks is one of the nation's

premier providers of clinical information technology services to medical groups,

and by combining our respective services, we can now seamlessly transfer claims

data from accounts receivable to collections, thereby offering customers an

enhanced revenue cycle workflow. "

Practices using eClinicalWorks' practice management system will be able to view

all of the collections activities and administer collections directly through

TSI, which will speed up payments and lower internal costs - increasing

practices' cash flow. With a few mouse-clicks, practices can identify and select

delinquent patient accounts and electronically transfer those accounts to TSI to

handle the collections. And, as the diplomatic alternative to traditional

collection agencies, practices can maintain their positive patient

relationships. Transworld Systems has extensive experience in the healthcare

industry and has been an MGMA (Medical Group Management Association)

AdminiServeÒ Partner since 1998. AdminiServe is the branded name for the

association's preferred supplier network.

" eClinicalWorks constantly pursues innovative means to make physician practices

run smoother, " said Girish Kumar Navani, president of eClinicalWorks. " Being

able to collect payments faster will not only increase the efficiency of the

practice but will also increase the quality of patient care. We are pleased to

offer our customers Transworld#sq#s GreenFlag Profit Recovery service so they

can keep their minds on their number one priority - their patients. "

Locke, MD