Blog
Employee Spotlight: Charting Growth with Tamara Ward
When Tamara started working for IC System seven years ago, she never imagined that she would come to lead IC Systemâs internal employee engagement and wellbeing committee. This year, in addition to her work as a Sales Operation Specialist, Tamara will be taking over leadership of the committee from Joseph Erickson, who was recently promoted
Becker’s Hospital Review Lists IC System as RCM Solution
Becker’s Hospital Review recently published a list of companies offering revenue cycle management (RCM) solutions in the healthcare space. The list stresses the importance of RCM today, particularly given recent regulatory changes and increased scrutiny of the industry from lawmakers. Becker’s Hospital Review is a prominent source of cutting-edge business and legal information for healthcare
Strategies for Getting the Most Out of Your Hybrid Work Schedule
As we move further and further away from the pandemic, many companies are asking people to come back into the office and are favoring a hybrid work environment over a fully remote or in-office schedule. Employees, now having mastered both fully in-person and fully remote arrangements, must adapt to a hybrid work week. Here, we
Tax Season Debt Collection Strategies and Why They Matter
For many businesses, the holiday shopping season can make or break their year, constituting almost half of their annual sales. Similarly, the collection industry experiences a significant boost during tax time, with IC System witnessing up to a 30% increase in collections for our clients. This surge is attributed to consumers using their tax refunds
Recover Revenue on Healthcare Balances Under $500
Regulations for credit reporting healthcare accounts have changed in recent years. Credit reporting is no longer allowed for a full year after your healthcare accounts becomes delinquent, and accounts under $500 are no longer reportable. But there are a few common misconceptions about the new regulations: â You canât place your healthcare accounts under $500 in
2023: A Year of Impact and Innovation
As we bid farewell to another transformative year, IC System is taking a moment to reflect on the exciting journey that was 2023. From earning notable distinctions to making a positive impact through charitable events, it has been a year filled with success, innovation, and meaningful contributions. 1. Company Distinctions For the seventh consecutive year,
Solving the Unique AR Challenges of For-Profit Colleges
For-profit colleges face unique challenges in managing their accounts receivables, which are crucial to their financial health. This blog details some of the AR challenges of for-profit educational institutions and offers potential debt collection solutions for for-profit colleges looking to improve their recoveries. Unlike traditional colleges, for-profits typically cater to a student population that is
Maintaining Employee Engagement in the Era of Remote Work
In the age of remote work, sustaining high employee engagement is no small challenge. The once bustling office environment has been replaced by isolated home office spaces, making it increasingly difficult to foster a sense of interconnectedness and collaboration. Understanding the tangible impact of these challenges, IC System has introduced several strategies to cultivate a
IC System Becomes DebtNextâs First Accredited Partner
IC System is proud to announce that DebtNext has made our company the inaugural member of its dPlat Partner Accreditation Program. As the first accredited company under the new program, IC System is a trusted partner for creditors looking to select a collection agency and integrate their past-due inventory using DebtNext’s comprehensive recovery management platform. DebtNext Software
Overcoming Staff Shortages in Healthcare
Dental and healthcare offices currently face staff shortages that significantly impact how providers address their AR inventories. The shortages affect many positions, from dental assistants to front office staff and nurses, who scramble to meet high demands with fewer resources. They also impact the back office staff, who must contend with billing matters. As a
