Collection Agency Provides Tips to Medical Professionals During National Pet Week
Online PR News – 06-May-2013 – Marlborough, Mass – Collection agency American Profit Recovery has been serving veterinary professionals for many years and has provided sound advice for those in the field about getting paid on time. During National Pet Week, many pet owners are celebrating their pets and the kind, outgoing veterinarians that take care of their pets.
Many veterinary practices however have difficulty in getting paid on time for a whole host of reasons. Many pet owners do not have pet insurance, are forced to bring their pet for medical attention on very short notice or just don’t have the resources to pay a medical bill in full. As with any type of medical collections, American Profit Recovery offers a number of tips to help veterinary practices improve their cash flow and get more in the door on time:
Make Pet Owners Aware: Pet owners should be fully aware of a practice’s billing policies. If a pet owner needs to sign any documentation, a practice can present that person with billing policies at that time. Also, a veterinary practice should post these policies just like any other medical office in the waiting room and exam rooms.
Payment at Time of Service: Many practices say they require payment at the time of the visit but many also do not follow through on this. Once again, making pet owners aware that this is needed can cut down on delinquencies.
Third Party Help: Many small practices do not have the resources to consistently follow up on late paying consumers. That’s when a reputable third party can be of tremendous value. Collection agencies that know the veterinarian industry and those that specialize in medical collections are a great fit.
Find out more about how a veterinary practice can improve cash flow and the many benefits of using a third party collection agency like American Profit Recovery: www.americanprofit.net/blog/2013/05/pets-and-the-ones-that-care-for-them/ target="_blank" class="highlight_link">http://www.americanprofit.net/blog/2013/05/pets-and-the-ones-that-care-for-them/>
And find out more about pet week at: www.petweek.org/ target="_blank" class="highlight_link">http://www.petweek.org/>
About American Profit Recovery:
American Profit Recovery (APR) is a collection agency with offices in Massachusetts, Michigan and North Carolina. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. With early intervention and a strong focus on ethics and diplomacy with consumers, APR works hard to preserve the relationship between client and consumer with an ultimate goal of keeping the business relationship intact. The firm serves approximately 3,500 clients nationwide. American Profit Recovery and their team have earned many awards including Best Places to Work in Collections, The ACA International Foundation Fellow Award and Banker and Tradesman’s Gold Readership Award. 800-711-0023 www.americanprofit.net/ target="_blank" class="highlight_link">http://www.americanprofit.net/>