“The Effective Reimbursement Method offers true guidance and control of your finances delivered in the highest level of communication. Not a single minute or dime spent on this program has been a waste of time and effort. We were told it was hard work: It was the easiest hard work I’ve ever had the privilege to do.
The certainty on control of the day-to-day routine is there. Personally this program has been the key to a missing lock and an ongoing negative issue in our lives. Before, it was enough to make you want to quit, despite loving the practice I’ve built. Now, NO WAY I’d quit. I’ve got income. Give me more of your ‘hard work.’ I can’t thank you enough for your brilliant program.”
“Over the course of this module, Milestones has had an overall upward trend with contracts & billed out. Collections peaked at 360K for 1 month from 160K the month before we began with Survival Strategies. Our staff is much more organized and there is order in the department. People are well-hatted and are working to train others as their “back-up.” Well worth the investment.”
“Before taking the Effective Reimbursements Program, I had no control and no system of accountability or predictability when it came to collections. Even though business was pretty good and our charges were well above what we needed to break even, we just couldn’t get enough money in to pay bills.
I was so desperate I considered selling out. But luckily for me, my consultant from Survival Strategies convinced me they could turn my collections around in a very short time. He was right! I am so thankful they were able to give me the ‘tools’ I needed to get my billing and collections under control. I also now have the accountability and predictability I never had before. It has worked so well for me that I’m planning to take another program they have to offer.”
“Before I began the program with Survival I had a difficult time knowing what was being worked on – there was no tracking of productivity. Also the collections amount was stagnant – visits were increasing so we should have been collecting more but the collections amount continued to remain the same, and there was no way to divide up the various functions into different hats and there was no prediction of income.
Everything I learned has been great! The stats have been great, we now have a systematic way of working on aging and collections. I like having the program binders, they make it easy to know what to do. Now we have good prediction of what our income will be – can look at what has been promised. Also there is more money coming in door now – had a 16% increase in collections.”
“Prior to the tutelage of Survival Strategies, we employed only a limited amount of “working tools” to manage our billing and collections. Our weekly collections teetered around 5-7 thousand dollars with our receivables predictably at 11-12 thousand per week. Using the Billing and Collections systems taught by Survival Strategies, our collections have doubled in the course of six short weeks as well as effecting a notable improvement in our patient control.
Thank you Survival Strategies!”
“I did the Effective Reimbursement Method because I knew I was getting far less in collections than we were posting each week in charges, and I wanted to get more cash in the door. Despite my efforts to get the collections up, they were just staying the same. Sound familiar?
Last fall we were consistently doing 180-190 visits per week, and collecting about $12,000 per week. Then in November I bought an additional clinic and incorporated it into mine. This brought our visits up to about 300 per week. So, our charges went up to $42,000 per week, but as of January, we were still collecting only about $18,000 a week. That’s what prompted me to do the Effective Reimbursement Program.
I started the first training session on this program in the first week of February. Then, in March, we collected $20,000 more for the month than we did in February! In April, we collected $28,000 more than we did in February! So, I’ve gotten well above my return on investment on this program already and I still have the second training session which I’m starting this week. I’ll follow that up with a 3-month internship!
So, I’m looking forward to getting many more benefits from the program before I’m finished.”
“I have to say that the Effective Reimbursement Program has been a roaring success. The changes that have occurred in my office since we started are quite amazing.
Before we started, we had a fairly sizable debt, we were having difficulty making ends meet and we were seeing no end to that situation. My finance staff were asking me to buy expensive computer systems. I was also getting requests for new personnel. Of course, our caseload really couldn’t justify an increase in the finance staff; in fact, the patient visits had increased but the finance department wasn’t keeping up. I was frustrated and not sure what to do.
Well, it turned out that the system was quite a change from what we were doing and it took quite a bit of effort to change our system. Then, a shift in attitude started to take place and people began to realize how easy and powerful the system actually was. It made life easier, to the point that I am no longer getting requests for a new computer system or new personnel. In fact, we started to notice that we were overstaffed in the finance department and had to reorganize tasks and schedules.
The finance area finally feels calm and under control. I really can’t believe it, as this is the first time it has felt this way. Our collections are in better shape and we are getting that debt handled. After 4 months, our debt is already cut in half and we have already paid off the additional loan needed to finance this training program. Quite amazing!
Survival Strategies’ Effective Reimbursement Program is very simple but very effective and I would highly recommend it to anyone in the health care field.”
“Do you have an Accounts Receivable that is too large and out of control? Are you frustrated waiting to collect the money that you earned months ago? Do you have a “good practice” except for the billings and collections department? Are you completely frustrated being effect of the insurance industry and not being able to collect the money you have worked hard to earn?
If you have answered yes to any of the above questions you need to read on. I, as a private practice owner, would like to share with you the “wins” my employees and my corporation have experienced upon completing the Effective Reimbursement Program
I decided to work with Survival Strategies on the Effective Reimbursement Program as I had an Accounts Receivable which was huge and out of control. At the time I signed on to do the program the production in our offices was steadily increasing. I knew if I didn’t do something about increasing our collections that I would have a monster Accounts Receivable. After 8 years in business, I was finally able to confront the fact that our billing and collections needed help. We needed a system.
We signed up for the Effective Reimbursement Program at the end of June 1998 and my billing and collections staff were trained in early July of 1998. Our collections in July, after implementing the program for only one month, resulted in an increase in our collections of $30,000.00. This was $30,000.00 higher than we had ever collected in our “best month” in business. Since that time we have collected from $10,000.00 to $40,000.00 more per month than we ever had collected in our “best month”.
Not only have the financial gains been significant since implementing this program, our organization is saner and runs more smoothly. The morale of my billings and collections staff has improved tenfold as they now have a “system” and the tools to do their jobs. Prior to doing the program, they had to guess or perform trial and error as to what would work with insurance companies and what wouldn’t. They now have a technology and system, which is proven to be successful.
To date, in the past year, with the finance system in place we have collected over $350,000.00 more than we did over the last year at this time. Better yet, our accounts receivable is now under control . In retrospect, I can only say I should have done this program immediately when it was offered. Why would a business owner wait to implement a system that brings in a significant amount of money which has already been earned? My advice to any practice owner that is frustrated in not collecting money that he or she has earned is to do this program immediately. If your situation was like mine you have nothing to lose and a lot of money to gain!”
“We would like to thank everyone who helped us with the Billing & Collections program. We have seen a tremendous improvement in our cash flow. Even our front desk collection has increased. Your system really works. Not only were we able to be more organized, our staff have also recognized the importance of team work ever since we have started applying your billing & collection program. I am sure that if we continue to follow your program, more success will come our way. You guys are incredibly GREAT! More power to all of you.”
“This is to summarize our experience with Survival Strategies’ program. Excellent marks in all aspects; training, implementation and support. We now have a system in place that personnel, either existing or new, can be easily trained on, with performance evaluated daily. The program also emphasizes goal setting and achievement. Everyone at Survival has been wonderful. I wouldn’t hesitate to recommend the program. Thanks again!”