What is the difference between billing and debt collection?
Services rendered in the current month + capturing of the service on a platform + submission of the invoice for payment to the patient or medical aid scheme = BILLING
Services rendered during previous months + not paid by medical aid schemes or patients + problem solving = DEBT COLLECTION
There is no reason why any medical practice should have more than 1% debt older than 60 days. You don’t need to settle for that. The more effective your billing process, the better your cash flow and lesser the money spent on debt collection.
DPMS offer a practice evaluation and debt collection service to provide you with a report on your Billing process challenges and to provide you with an effective Billing Solution.