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A Four-Point Strategy for Collecting Medical Bills

Think you have problems with customers who are not paying you but paying other creditors instead? Then consider the plight of the many credit managers whose job is to collect from medical patients, many of whom have serious illnesses requiring expensive treatment but who have little ability to pay. Collecting on medical bills takes medical knowledge as well as credit know-how. It can also take a lot of patience. The Dakota Clinic LTD (Fargo, N.D.) gets the job done (95% of accounts are collected in full) with a combination of payment plans, monitoring, and follow-up to ensure collection. Read on for details on how they do it. . . . (to read the remainder of this article, please log in below.)
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