Medical Collection In Florida
How our medical collection services work
Since the implementation of the Affordable Care Act, patients have experienced a surge in out-of-pocket expenses from their insurance plans. This increase in patient responsibility has consequently intensified physicians’ reliance on timely reimbursement, as prompt payments now make up a larger portion of their overall compensation.
We understand the pressures providers face in improving revenue and the frustrations caused by uncollected billings. The impact of unresolved cash flow extends beyond the financial stability of the practice and also affects providers’ confidence.
At MFS, we offer a solution to these challenges with our skilled patient collections team, ready to handle all your Account Receivables backlogs. By resolving unsteady cash flow, we safeguard the integrity of your practice and help restore confidence in providers.
Here's how our process works
Our advanced system is equipped with automated billing reminders to ensure timely payment from patients. Through personalized notifications and reminders via email or text message, we help keep patients informed about their outstanding balances, payment due dates.
Don't let unpaid medical bills hurt your practice
Why work with Med Financial Solutions?
Our dedicated team proactively reaches out to your patients to initiate the collection process. With a respectful and professional approach, we handle all communication and negotiation, ensuring that patients are aware of their outstanding balances and the importance of timely payment. By taking the lead in contacting patients, we alleviate the burden on your staff, allowing them to focus on providing exceptional patient care.
Med Financial Solutions understands the importance of providing patients with convenient payment options. We partner with a trusted company to set up a secure and user-friendly online payment portal for your practice. By linking the payment software to your merchant account, patients can easily access and pay their bills online.
A trusted provider of expert medical collections services with an experienced team
With our comprehensive medical billing and patient collection services, you can experience a seamless revenue cycle. Our proactive patient outreach, transparent billing explanations, insurance referrals, and automated billing reminders ensure efficiency and timely payments.
We prioritize compliance with industry regulations and provide a personalized approach to patient communication, fostering positive relationships and optimizing financial outcomes.
Trust us to handle your patient collections while you focus on delivering exceptional care.
Contact Us Today!
Whether you’re starting a new practice or expanding your healthcare services, Med Financial Solutions can help. We will handle your revenue cycle management so that you can provide a better patient experience.
See for yourself why other medical practices choose us
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Check what providers say about our medical debt collection
“Very professional. My patients have positive feedback on MFS. They handled our due payments really well and collections have been great since. If you’re looking for an agency who are expert in medical collections, they are the people to call.”
“We’ve had a lot of horror stories with previous medical collections agencies we’ve worked with before. Good thing we switched to MFS, our patients are not harassed into paying and our collections have doubled when they took over. Great job to their team!”
“It’s very easy to work with MFS. They walked us through the entire collection process and even conducted a sample call with our team to ensure that we’re happy with their approach. We’ve recovered so much debt with their help.”
“Respect to these guys! Our practice wouldn’t last if not for their amazing collections technique. Our AR department has never seen such a collection rate ever since we started. We definitely recommend MFS if you have practice and a lot of due payments to collect.”
“We hired MFS two years ago to deal with our problematic collections. They definitely delivered and we’re still partners with them to this day. Couldn’t wish for any other agency to handle our collections. Topnotch work and very professional.”
“We started a new practice a year ago and we must deal with is uncollected payments. It’s very discouraging for our providers but MFS changed it for the better. Now, our collections have been steady, and no complaints from our patients about their approach.”
Frequently Asked Questions
Do you offer patient collection services?
We offer comprehensive patient collection services to ensure efficient and timely payments, so you can focus on providing patient care.
How does your company handle the process of medical collections?
Our collections team calls patients to explain their billing statements and how they can pay their outstanding balances. We also refer them to their insurance providers for any concerns about their payments.
Where can patients call if they have questions about their statements?
We refer patients to their insurance provider if they have questions about their overdue payments.
What measures do you have in place to ensure compliance with legal and ethical standards in medical collections?
Our collection undergoes regular HIPAA compliance and awareness training, ensuring they comply with the highest ethical standards in medical collections. We also observe FDCPA standards when collecting payments from patients.
What strategies and tools does your company utilize to maximize the collection of unpaid medical bills?
We set up automated reminders patients will receive via email or text message. We also set up a user-friendly and secure payment portal where patients can access their bills and pay at the same time. For questions or disputes, we refer patients to the appropriate channels for proper assistance on their insurance claims.
