Do This to Increase Your Cashflow

Are you ready to increase your cash flow today? I want to share with you an easy-to-implement tip to help keep your accounts receivable healthy.

When you post insurance payments to your patient accounts every day, if you notice that payment results in the patient owing a balance:

·      Send the statement that day!

·      This is so much more efficient than waiting till your regular billing cycle to send the patient a statement.

·      It will also speed up your cash flow and make it more regular coming into the practice.

·      Sending it immediately allows your patient to receive a statement 2 to 4 weeks earlier than they would have if you would have waited for your regular billing cycle.

Implementing this tip can make a huge impact!

Commit to following these steps to improve efficiency and cash flow into your practice. It’s easy and you can start this right away!