The Strategic Case for Outsourcing Medical Collections
Protecting Your Practice’s Bottom Line Margins are tightening and operating costs are rising across the healthcare industry. In this environment, managing uncollected debt is no longer a bookkeeping issue; it is essential to the solvency of any medical group. Uncollected revenue affects your ability to retain staff, invest in technology, and uphold patient care standards. […]
Plan for a Clean Slate in the New Year
The middle of December is a strange time for business. The emails slow down, the phone stops ringing, and for many, it’s the only quiet time of the year to actually think. Stop chasing last-minute payments from unavailable clients. Use this downtime to assess your processes. If you want a clean slate in 2026, create […]
A 2026 Guide to In-House Debt Collection: 4 Strategies for Success
With 2026 only a month or so away, it’s not too early to make some resolutions. This year, resolve to do more business… and collect more balances than ever before. As always, we’re here to help with that! For any successful business, managing accounts receivable is a critical function. Inevitably, you will encounter clients with […]
Collection Questions to Ask Before Hiring a Debt Collection Agency
The decision to escalate a delinquent account to a collection agency is a significant step in your revenue cycle. Success, however, isn’t just about hiring a third party; it’s determined by the groundwork you have already laid. A strong collection strategy begins long before an account becomes past due. Before engaging a partner, it is […]
Is Your Business Debt Recoverable?
No doubts about it – running a business is hard, arduous work – and one of the hardest parts is trying to collect unpaid or delinquent debt from partners, clients and customers. Your time is valuable, and every hour you spend chasing down unpaid debt is an hour you’re not spending making money. So while […]
We’ll See You at the 2025 VACA Summer Conference!
With the event just around the corner, the team at Gilliam & Mikula is excited to announce that we will be attending the Virginia Association of Commonwealth’s Attorneys (VACA) 86th Annual Summer Conference. This year’s event takes place in Virginia Beach at the Marriott Virginia Beach Oceanfront from Thursday, July 31, to Sunday, August 3, […]
6 Debt Collection Tips for Small Businesses
With millions of Americans expecting to miss a credit card payment this year, it should be no surprise that people fail to pay other bills as well. For small business owners, customers failing to pay you can be catastrophic for your company. It can result in you being unable to pay your bills and even your […]
Is Unpaid Medical Debt Hurting Your Virginia Practice in 2025? Here’s When to Act.
Medical debt in Virginia has ballooned over recent years, and often, the collection of that outstanding debt has fallen on the practices themselves or their medical management groups. However, there’s a much better way of collecting the debt – hiring a medical debt collection agency like the team at Gilliam & Mikula. Let’s take a […]
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 […]
Automated Payment Reminders Simplify Debt Collection
As we step into 2025, the debt collection landscape continues to evolve. At Gilliam & Mikula, we remain committed to providing our clients with the most effective and ethical debt collection strategies. One such strategy that has proven its worth is automated payment reminder services. These services offer a streamlined and efficient way to improve […]