The Legal Edge: Navigating HIPAA and Virginia Law in Medical Debt Collection
For any medical practice in Virginia, from a local clinic to a large hospital system, managing accounts receivable is a critical business function. When patient accounts become delinquent, collecting that debt is necessary for the financial health of your practice. However, the process is fraught with legal complexities that, if navigated improperly, can lead to […]
The 5-Step Checklist for Reducing Patient Accounts Receivable in Virginia
For any successful medical or dental practice in Virginia, providing excellent patient care is the top priority. However, the financial health of your practice depends on another critical function: efficiently managing patient accounts receivable (A/R). When A/R ages, it can strain your cash flow, consume valuable staff time, and pull focus away from what you […]
Regain Control of Your Cash Flow: Why Outsourcing Debt Collection is a Smart Business Move
In the business world, cash flow is the lifeblood that keeps operations running smoothly. However, when faced with unpaid debts, businesses often struggle to maintain a healthy cash flow, leading to increased stress, strained resources, and potential financial setbacks. This is where outsourcing debt collection to a professional debt collection agency emerges as a strategic […]
Gilliam & Mikula: The Healthcare Debt Recovery Solution
Medical debt is a major issue for Virginians. In fact, one in five Americans has medical debt, and the average amount of debt is over $2,000. If you represent a medical firm or healthcare business, you know that dealing with medical debt can be time-consuming and difficult. That’s why you need a healthcare debt recovery […]
Technology is Transforming Debt Collection for Richmond Home Services
Debt collection is an essential part of running a successful business, especially in the home services industry, where projects often involve significant upfront costs. However, traditional debt collection methods can be time-consuming, inefficient, and even damage customer relationships. Fortunately, technology is transforming the debt collection process entirely! Here at Gilliam & Mikula, we understand the […]
‘Tis the Season to Collect: Strategies for Effective Debt Collection
During the holiday season, businesses across Virginia and Maryland have a busy sales period with increased revenue. However, amidst the hustle and bustle of the holidays, it’s essential to remember the importance of debt collection. Outstanding payments can strain your business’s cash flow, making it challenging to meet your financial obligations in the New Year. […]
How a Medical Debt Collection Agency Can Help Your Business
Hiring a medical debt collection agency can be a huge boon for your business. The bottom line is this: whether through enhanced collection capabilities, a higher success rate, or in the case of Gilliam & Mikula, the ability to use the legal system to collect on what you’re owed, a medical debt collection agency can […]
Trust And Transparency: The Key to Medical Debt Recovery
In the often complex world of medical billing and finances, transparency can be a powerful tool for building trust with patients and improving debt recovery rates. As a debt collection agency specializing in ethical practices for medical companies, we understand that clear communication and open dialogue are essential for fostering positive patient relationships, even when dealing with […]
What Sets Us Apart from Other Debt Collection Agencies in VA
Virginia has many debt collection agencies, and you certainly have your pick if you want to collect on what your business is owed. We want to throw our hat in the ring, and we think that what our agency offers sets us apart from the other debt collection agencies in VA. Keep reading to learn […]
Join Gilliam & Mikula at the 2024 HCLA Spring Conference
Calling all Virginia healthcare leaders! The HCLA Spring Conference is just around the corner (March 17th-19th, 2024), and you won’t want to miss it. Why attend? It’s your chance to: Connect with colleagues: Network with other medical management professionals and make valuable connections with vendors who can support your business goals. Stay informed: Gain insights on the latest […]