Game-Changing Solutions to A/R Management and Recovery
See how much more you could recover with TSI’s AR Recovery Calculator. As a leader in A/R recovery—trusted for our experience, partnerships, and innovation—we help turn past-due accounts into revenue.
WHY TSI?
Impact of in-house collections after 90 days-
- Diminished Recovery Rates: After 90 days, the likelihood of collecting a debt in-house drops to just 10%, significantly reducing potential revenue recovery.
- Resource Drain: Continuing in-house efforts consume valuable staff time and resources that could be better spent on current billing tasks.
- Patient Avoidance: After multiple bills & reminders, many patients start ignoring calls. On average, medical bills typically rank around 4th or 5th in priority in a monthly patient budget
Using TSI for early 3rd party intervention:
- Faster Resolution: Timely intervention prevents further delays, encouraging payment before the debt becomes more challenging to recover.
- Increased Recovery Rates: Agencies specialize in recovering aged debt, significantly improving collection success compared to in-house efforts.
- Data-Driven Approach: Agencies use advanced analytics and proven strategies to tailor communication and maximize recovery.
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From family-owned operations to mid-sized corporations, we have experience collaborating with businesses and impacting the bottom line in your industry.