Contestant's Case to Win

My company assists medical doctors and dentists in increasing their cash flow by showing them strategic methods to get monies already earned and owed to them back to their business faster then usual.

Medical Offices:

We comprehensively analyze the accounts receivable and collections process. We also focus on how claims are being sent, what information is on the claims prior to sending, the number of claims being sent and the dollar amount it costs per claim. We then show the client the outcome of the analysis and discuss ways we can save their business money while quickly collecting the production dollars they already generated.

My business works with a web enabled medical billing system that is error proof which allows claims to be paid within 7 to 14 days instead of the 60 - 90 days. We also have a profit recovery process that we implement that helps collect the past due dollars sitting in their A/R that is over 90 - 120 days. Small to medium size businesses need a steady cash flow to keep their business in the "black" and profitable. They can't wait a long time to get their money. My company assists each business owner to get their money quickly.

Dentists:

My company also works with dentits by teaching them how to run their business instead of just practicing their craft. A consultant will comprehensively analyze all operations of the owner's business and give them ideas to "course correct" areas that are not working, not currently in place, and/or are not profitable. The same consultant will then strategically work with the client on a fee for service basis, to help make their business profitable and efficient, look at ways to create a positive team environment by teaching, coaching and showing the doctor and employees new ways to run the operations of the business, and show the owner how having a profitable business can assist him / her in retiring when they are ready. It is a process that takes time; however the process is most needed in this economy. Strategic ways of creating business is the key.