In today’s tight financial times, healthcare providers need to collect every penny possible. The funds you collect today enable you to provide the essential healthcare services of the future.
One area frequently examined is collections, and often there is pressure to look elsewhere for collection partners. In this paper from DECA Financial Services, learn the three critical reasons why you should never change your collection partner just for change’s sake.
Even if there is a perception – by the CEO, CFO, Revenue Cycle Director, or even Patient Financial Services director – that your collection partner is underperforming, it may not be necessary to throw the baby out with the bathwater. This paper offers a simple, yet effective alternative – hire a secondary partner – that will actually increase the effectiveness of your existing partner or partners.
Hiring a secondary partner is not without risk however, and this paper explains the key challenges of what you need to do and what you need to avoid to make this approach worthwhile.
Download this whitepaper if you want to learn:
- The Dangers of Changing for Change: What you really want to do is make your current agency or agencies better. Replacing them will only engender business disruption.
- The Benefits of Hiring a Secondary Partner: Turning accounts over to a secondary partner has more benefits than you may be aware of.
- How to Work Together, Not Against Each Other: You’ll learn ways to increase your revenue while also increasing efficiency.
Download How to Improve the Performance of Your Healthcare Collection Partner now.