Credit Policy for businesses and how to extend credit and manage credit risk |
Healthcare Collections Archives
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Apr11
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Dec10
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I have a friend Stephanie Chandler that has an awesome website that I want to share with you. It is called the Business Info Guide and it has so many resources and industry specific information, which is very important when...
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Dec 4
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Enforce your credit policy. Make sure your debtor is “worth” something before suing them—if they don’t have any assets there is nothing to attach or garnish if they do not pay. Ask for payment when payment is due. Research and...
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This article was excerpted from Ultimate Credit and Collections Handbook. Buy it from EntrepreneurPress.com today.
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Nov12
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The most important point to remember is that hough collection or dunning letters are effective and will help you collect more money, they need to be used in conjunction with your credit policy. Personal visits and/or phone calls should be an...
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Nov 1
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According to executives at Community Health Systems self-pay patients made up 12.1% of all CHS’s admissions for the quarter — in comparison, self-pay patients made up 3.9% of total admissions at industry peer Tenet Health care Corp. And self-pay patients make...
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