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How to slash accounts receivable.(physicians patient accounts receivable)(Column)
Quick, what's the largest asset on your balance sheet? Almost certainly it's accounts receivable. Many physicians fail to realize that, and many fail to appreciate that aggressive management of accounts receivable is key to any practice's financial success, particularly in the current tight-money practice environment.
Collecting balances due has always been a problem for physicians. After all, as I've pointed out many times, most of us receive woefully deficient business training, if we get any at all.
One result of that is that we extend more credit than any other business except banks and mortgage/finance companies. That's insane! Like every other ...
- KingThomason Group Signs Exclusive Contract for Its Medical Accounts Receivable...
- Press release article from: Business Wire March 18, 2002 700+ words
...Visa medical accounts receivable credit card to those patients...held at the credit card issuing bank...due medical accounts receivable problem is nationwide...Our Medical Accounts Receivable Credit Card Program is specifically...
- Sakowitz sells credit card paper. (apparel retailer sell accounts receivable...
- Magazine article from: WWD Haber, Holly November 27, 1989 700+ words
SAKOWITZ SELLS CREDIT CARD PAPER DALLAS - Sakowitz...Houston, said it sold the accounts receivable of its store credit card to the Bank of Louisiana...Sakowitz's private label credit card and will manage all future...
- Credit Card Accounts Receivable Metrics.(Brief Article)
- Magazine article from: Collections & Credit Risk August 1, 2002 700+ words
...cardanalytics<at>aol.com. Based on input from member of its Collections Key Indicator Peer Group, an organization of seven of the largest credit card issuers in the U.S. Copyright c 2002 Thomson Media. All Rights Reserved.
- KingThomason Group Concludes Sale of $190,000 of Promissory Notes to Accelerate...
- Press release article from: Business Wire July 18, 2002 700+ words
...the medical accounts receivable credit card carrying costs...noted, that its Credit Card Division obtains...inventory of medical accounts receivable essentially...s medical accounts receivable credit card recovery platform...
- Credit Card Accounts Receivable Metrics.
- Magazine article from: Collections & Credit Risk February 1, 2002 700+ words
...Bayshore Consulting's Card Analytics, based on input from members of its Collections Key Indicator Peer Group, an organization of seven of the largest credit card issuers in the U.S. Copyright c 2002 Thomson Media. All Rights Reserved.
- KingThomason Group Begins Implementation of Its Medical Accounts Receivable...
- Press release article from: Business Wire July 10, 2002 700+ words
...its Medical Accounts Receivable Credit Card Program King...friendly medical accounts receivable recovery...VISA, credit card enabling...through monthly credit card payments...medical accounts receivable problem has...
- King Thomason Group Enters into Agreement with Medical Capital Corporation to...
- Press release article from: Business Wire April 23, 2004 700+ words
...subsidiary, KingThomason Credit Card Services, Inc. (KTCC...KTCC's TotalCare Medical Accounts Receivable Credit Card Program to Physicians and...the KingThomason TotalCare Credit Card Program is the answer many...
- Credit Card Accounts Receivable Metrics.(Brief Article)(Statistical Data...
- Magazine article from: Collections & Credit Risk June 1, 2002 700+ words
The percentage of current receivables flowing delinquent (0-1 flow rate) fell sharply to 9.12%. This, coupled with the 1-2 roll rate falling from 23.20% to 21.85%, gave issuers some of the best credit risk news they have had in awhile. If similar results are seen in April, the net credit loss rate