Guest guest Posted April 13, 2011 Report Share Posted April 13, 2011 Mike Because we are a billing service that serve clients in multiple states, we have to have a company that knows the collection laws in all 50 states (collection laws change when you cross state lines and there are 50 sets of rules). A company that I feel comfortable representing to you is Transworld Systems, Inc. (dba Greenflag Profit Recovery). Thay have over 150 offices nationwide with at least one location in each of the states. Additionally, they have a 3 stage cycle to attempt to minimize their fees to the you. The three stages are as follows: 1. A 5 letter or letter/calling combination over a 50 day period for a set fee. You control the collection cycle in this phase. 2. A standard collection agency process that goes after the patient (more labor intensive, thus fees are similar to regular collection services). 3. Legal Action-they will take your patient to court if you want them to. We use a gentleman named Len Lichterman as our contact. He is out of the Chicago area and can be reached at 847/969-7920. Please feel free to tell him how you learned about his company (that goes for anyone that might be interested in contacting Len). He may pass you back to a representative closer to your geographic area. Jim Hall, CPA <///>< Rehab Management Services, LLC Cedar Rapids, IA 319/892-0142 visit our website at: www.rehabmgmt.com Collections Company Hello Group, Let me start by saying that any time I've posted a question to the group, I've always received excellent answers and advice, so for that thank you so much. As a practice, we don't participate with insurances like BCBS, so we have an Out of Network status, and as such the checks go to the patients and it becomes the responsibility of the patient to turn over the checks to us. Unfortunately, some pts think that the insurance Co. is giving them a gift and they deposit these checks, stop coming to therapy and basically steal the money. Has anybody in the group used a Medical Collections Co. that they have used and can recommend. We're in the New Jersey area, but I guess they don't even have to be local. What might be some of the do's and don't of collections. Thanks so much. Mike Rizalla Trinity, NJ Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 16, 2011 Report Share Posted April 16, 2011 Thank you Jim, and to everybody else that responded to my collections question. I really appreciate the advice and excellent leads. Mike Rizkalla Trinity, NJ > > > > Mike > > Because we are a billing service that serve clients in multiple states, we > have to have a company that knows the collection laws in all 50 states > (collection laws change when you cross state lines and there are 50 sets of > rules). A company that I feel comfortable representing to you is Transworld > Systems, Inc. (dba Greenflag Profit Recovery). Thay have over 150 offices > nationwide with at least one location in each of the states. Additionally, > they have a 3 stage cycle to attempt to minimize their fees to the you. The > three stages are as follows: > > 1. A 5 letter or letter/calling combination over a 50 day period for a set > fee. You control the collection cycle in this phase. > 2. A standard collection agency process that goes after the patient (more > labor intensive, thus fees are similar to regular collection services). > 3. Legal Action-they will take your patient to court if you want them to. > > We use a gentleman named Len Lichterman as our contact. He is out of the > Chicago area and can be reached at 847/969-7920. Please feel free to tell > him how you learned about his company (that goes for anyone that might be > interested in contacting Len). He may pass you back to a representative > closer to your geographic area. > > Jim Hall, CPA <///>< > Rehab Management Services, LLC > Cedar Rapids, IA > 319/892-0142 > > visit our website at: > > www.rehabmgmt.com > > > Collections Company > > Hello Group, > > Let me start by saying that any time I've posted a question to the group, > I've always received excellent answers and advice, so for that thank you so > much. > > As a practice, we don't participate with insurances like BCBS, so we have > an Out of Network status, and as such the checks go to the patients and it > becomes the responsibility of the patient to turn over the checks to us. > Unfortunately, some pts think that the insurance Co. is giving them a gift > and they deposit these checks, stop coming to therapy and basically steal > the money. Has anybody in the group used a Medical Collections Co. that they > have used and can recommend. We're in the New Jersey area, but I guess they > don't even have to be local. > > What might be some of the do's and don't of collections. > > Thanks so much. > > Mike Rizalla > Trinity, NJ > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 16, 2011 Report Share Posted April 16, 2011 Thank you Jim, and to everybody else that responded to my collections question. I really appreciate the advice and excellent leads. Mike Rizkalla Trinity, NJ > > > > Mike > > Because we are a billing service that serve clients in multiple states, we > have to have a company that knows the collection laws in all 50 states > (collection laws change when you cross state lines and there are 50 sets of > rules). A company that I feel comfortable representing to you is Transworld > Systems, Inc. (dba Greenflag Profit Recovery). Thay have over 150 offices > nationwide with at least one location in each of the states. Additionally, > they have a 3 stage cycle to attempt to minimize their fees to the you. The > three stages are as follows: > > 1. A 5 letter or letter/calling combination over a 50 day period for a set > fee. You control the collection cycle in this phase. > 2. A standard collection agency process that goes after the patient (more > labor intensive, thus fees are similar to regular collection services). > 3. Legal Action-they will take your patient to court if you want them to. > > We use a gentleman named Len Lichterman as our contact. He is out of the > Chicago area and can be reached at 847/969-7920. Please feel free to tell > him how you learned about his company (that goes for anyone that might be > interested in contacting Len). He may pass you back to a representative > closer to your geographic area. > > Jim Hall, CPA <///>< > Rehab Management Services, LLC > Cedar Rapids, IA > 319/892-0142 > > visit our website at: > > www.rehabmgmt.com > > > Collections Company > > Hello Group, > > Let me start by saying that any time I've posted a question to the group, > I've always received excellent answers and advice, so for that thank you so > much. > > As a practice, we don't participate with insurances like BCBS, so we have > an Out of Network status, and as such the checks go to the patients and it > becomes the responsibility of the patient to turn over the checks to us. > Unfortunately, some pts think that the insurance Co. is giving them a gift > and they deposit these checks, stop coming to therapy and basically steal > the money. Has anybody in the group used a Medical Collections Co. that they > have used and can recommend. We're in the New Jersey area, but I guess they > don't even have to be local. > > What might be some of the do's and don't of collections. > > Thanks so much. > > Mike Rizalla > Trinity, NJ > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 16, 2011 Report Share Posted April 16, 2011 Thank you Jim, and to everybody else that responded to my collections question. I really appreciate the advice and excellent leads. Mike Rizkalla Trinity, NJ > > > > Mike > > Because we are a billing service that serve clients in multiple states, we > have to have a company that knows the collection laws in all 50 states > (collection laws change when you cross state lines and there are 50 sets of > rules). A company that I feel comfortable representing to you is Transworld > Systems, Inc. (dba Greenflag Profit Recovery). Thay have over 150 offices > nationwide with at least one location in each of the states. Additionally, > they have a 3 stage cycle to attempt to minimize their fees to the you. The > three stages are as follows: > > 1. A 5 letter or letter/calling combination over a 50 day period for a set > fee. You control the collection cycle in this phase. > 2. A standard collection agency process that goes after the patient (more > labor intensive, thus fees are similar to regular collection services). > 3. Legal Action-they will take your patient to court if you want them to. > > We use a gentleman named Len Lichterman as our contact. He is out of the > Chicago area and can be reached at 847/969-7920. Please feel free to tell > him how you learned about his company (that goes for anyone that might be > interested in contacting Len). He may pass you back to a representative > closer to your geographic area. > > Jim Hall, CPA <///>< > Rehab Management Services, LLC > Cedar Rapids, IA > 319/892-0142 > > visit our website at: > > www.rehabmgmt.com > > > Collections Company > > Hello Group, > > Let me start by saying that any time I've posted a question to the group, > I've always received excellent answers and advice, so for that thank you so > much. > > As a practice, we don't participate with insurances like BCBS, so we have > an Out of Network status, and as such the checks go to the patients and it > becomes the responsibility of the patient to turn over the checks to us. > Unfortunately, some pts think that the insurance Co. is giving them a gift > and they deposit these checks, stop coming to therapy and basically steal > the money. Has anybody in the group used a Medical Collections Co. that they > have used and can recommend. We're in the New Jersey area, but I guess they > don't even have to be local. > > What might be some of the do's and don't of collections. > > Thanks so much. > > Mike Rizalla > Trinity, NJ > > Quote Link to comment Share on other sites More sharing options...
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