by Aric Mitchell | Jun 5, 2018 | Uncategorized
Debt collector services typically operate as part of the private sector, but they also hold value for municipal collections. To illustrate, look no further than your city’s water accounts. A city of 100,000 people may have anywhere from 40,000-45,000 metered...
by Aric Mitchell | Jun 3, 2018 | Uncategorized
In healthcare, revenue cycle management (RCM) is a term that refers to the handling of claims through every part of the medical billing process. Outsourcing RCM is an increasingly popular practice among healthcare providers who are strapped for time and overburdened...
by Aric Mitchell | May 29, 2018 | Uncategorized
A 2010 report from the Bureau of Labor Statistics (BLS) found that of the $150 billion in debt sent to collection agencies, only $40 billion was recovered. There’s a pretty good reason for this, and it all starts with who you choose as your arbitrator. All...
by Aric Mitchell | May 27, 2018 | Uncategorized
Cash flow problems can cut to the heart of any business. Case-in-point, a U.S. Bank study recently found that 82 percent of small businesses in the United States fail because of issues related to cash flow. And one of the biggest drivers of this is a client not paying...
by Aric Mitchell | May 22, 2018 | Uncategorized
Debt negotiation can be a hard pill to swallow if you’re on the business side of it. After all, you have a legal right (and a financial need) to the funds that are owed. So why should you settle for anything less? To put the answer for this in perspective,...
by Aric Mitchell | May 20, 2018 | Uncategorized
Young businesses often operate blindly with regard to cash flow. They don’t give it enough thought, instead seeing only revenue and expenses. As long as the R’s outpace the E’s, everything should be fine — or so goes the thought pattern. Why...
by Aric Mitchell | May 15, 2018 | Uncategorized
Unpaid debt is a massive problem in the United States, not only for consumers but businesses as well. Debt settlement is the act of accepting less than what a client or customer owes to get delinquent accounts off the books and generate some form of compensation you...
by Aric Mitchell | May 13, 2018 | Uncategorized
Nothing grinds the progress of a new business to a stop quicker than cash flow problems. You can’t function if you’re not getting paid, no matter how much “business” you’re actually doing. Fortunately, there are ways you can get out in...
by Aric Mitchell | May 8, 2018 | Uncategorized
As any business owner knows, having a debt recovery plan for when clients can’t (or won’t) pay is an integral part of running a successful company. Unfortunately, unpaid debts are rampant throughout the United States. In fact, a Business Insider report...
by Aric Mitchell | May 6, 2018 | Uncategorized
To improve cash flow, simply put, means to ensure that more money comes into your business than goes out. It’s simple as a concept but trickier when it comes to execution. The tricky part — and why it can be difficult to improve cash flow if you have the...
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