Let our experts handle your medical debt collections with the right finesse and fail-proof strategies – so that you can focus on the business of growing your practice.
While collection of outstanding debts is one of the most important parts of a successful practice, accurate and timely recording of monies received is equally paramount. With MBD, all your receipts are recorded within our secure systems on the same working day. This allows our dedicated team to only work on debts that are truly outstanding, which effectively avoids wasted time chasing debts that have already been paid.
Rest assured that even if the collection of a debt become difficult, we have the experience and tools in place to recover the debt through the legal route if needed and approved by you. All difficult debts will be highlighted by your account manager, who will make a best-practice recommendation for the next steps to take.
Collections are traditionally both challenging and time consuming. MBD’s secure systems, linked directly to the major Insurance Providers so that all electronic Invoices are automatically authorised and paid, make monetary bottlenecks a thing of the past. We understand also that self-payers, embassies and solicitors require dedicated and focused account management. Through professional expertise combined with a respectful approach, the MBD team have an excellent track record on collections – we deliver the significant increase in your net income of up to 25%.
Without the correct training, the task of collections can be stressful. The MBD team are perfectly placed to get the job done smoothly – with a wealth of experience as well as continuous ongoing training, we will ensure your medical billing collections are handled efficiently, professionally and with a sensitive approach that does not cause conflict.
The MBD solution to medical debt collections delivers the following benefits:
