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The Outsourcing Solution For Accounts Receivables Payment Automation Network, Inc. In partnership with
MaxCollect TM  Service Outsourcing Solution Automated Low Fee Higher Recovery Faster Recovery Customer/Patient Retention
Understanding  Past Due Accounts
How Your Money Depreciates Account Aging in Days PERCENTAGE Based on U.S. Dept. of Commerce Statistics
Status Reports
29% Recovery Rate Average Age 302 Days
54% Recovery Rate Average Age  105 Days
What Are The Alternatives? In House Legal Action Write Off Collection Agency
In House ,[object Object],[object Object],[object Object]
Legal Action - Hire An Attorney ,[object Object],[object Object],[object Object],[object Object]
Write Off ,[object Object],[object Object],[object Object]
Collection Agency ,[object Object],[object Object],[object Object]
The Solution -MaxCollect ™   Written Communications Automated Telephone Call Attorney Credit Bureau Reporting
Online Portal ,[object Object],[object Object]
Up to Four Letters Sent From the Client Neither MoneyQuest Nor MaxCollect is mentioned in the letters
 
 
 
 
Automated Telephone Call
3 Attorney Letters Sent
 
Attorney Contacts ,[object Object],[object Object],[object Object],[object Object]
Litigation ,[object Object],[object Object]
Credit Bureau Reporting ,[object Object],[object Object]
What are Your Results? Collection Agency MaxCollect TM 14%  34% 9% 41% 10% 37% Based on average recovery and age placed for each alternative ...
Why Does MaxCollect Perform Better Than Other Options? TOOLS TIME FACTOR DIRECT PAYMENT LOW FEE
Client Fees – The System   Written Communications Automated Telephone Call Attorney Credit Bureau Reporting
One Time - Setup Fee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Processing Fee ,[object Object],[object Object],[object Object],[object Object],[object Object]
Time Driven Fee Schedule Days/Aging 1-60 61-120 121-180 181-365 366-731 Attorney Fee Percent 5% 10% 15% 20% 25% Phone, etc. 25% Litigation  35%
Convenient Monthly Billing ,[object Object],[object Object],[object Object],[object Object]
Customer Service   ,[object Object],[object Object],[object Object],[object Object]
Features that Benefit Health Care Providers ,[object Object],[object Object],[object Object],[object Object]
Features that Benefit Health Care Providers ,[object Object],[object Object],[object Object],[object Object]
Features that Benefit  Health Care Providers ,[object Object],[object Object],[object Object]
 
 
 
 
 
 
 
 
 
 
 
 
Collection Agencies vs. MaxCollect ™ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Next Step ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Payment Automation  Network, Inc. ,[object Object],[object Object],[object Object]

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Profit Recovery Service - Soft Collections

Notas del editor

  1. Outsourcing solution for accounts receivable and NSF checks Fees for client as little as 5% Far less than other options charging up to 50% Average three times more $$$ recovered than collection agencies Faster recovery of funds No alienation of patients or customers