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Dentists: Collection Plans Reduce Accounts Receivable

dental-office-collection-plan-IC System

Just as it’s satisfying to remove dental plaque, it would be ideal to completely zero-out the account receivables column in your books. Since that’s unrealistic, the next best thing is to prevent the account receivables from accumulating to the point that the practice finds itself in the midst of a cash shortage. One easy way to

Wildfires Burn Through State Budgets

state-budget-wildfires-IC System

So far, 2017 has been a notably bad year for wildfires, both in the literal and figurative sense. Nationally, wildfires have consumed nearly 9 million acres of land year-to-date, which is about 45% more than the annual average over the prior ten years. Fighting all of these fires is quite expensive, with the federal government

IC System Earns President’s Volunteer Service Award

IC-System-Earns-President’s-Volunteer-Service-Award

IC System has earned the President’s Volunteer Service Award. The award recognizes United States citizens and groups who have achieved the required number of hours of service over a 12-month period. The President’s Volunteer Service Award (PVSA) is the premier volunteer awards program in the country, encouraging citizens to live a life of service through

IC System Takes Donations During Radiothon

IC-System-Radiothon-in-the-community

The Children’s Miracle Network Hospitals and the La Crosse Media Group hosted their 16th Annual Radiothon at Gundersen Health System’s La Crosse clinic from October 19-21. Members from IC System’s Onalaska, Wisconsin branch office volunteered to answer phones and take donations during the event. Throughout the Radiothon, the La Crosse Media Group supports and shares

IC System President Recognized by Vistage Minnesota

Vistage-Minnesota-John-Erickson-1-IC System

The 2017 Vistage Minnesota IMPACT Award committee recognized IC System’s President and CEO, John Erickson Jr., at the Vistage MN Executive Summit on September 26, 2017. Among many nominees, Erickson was identified for the trust he nurtures in his business, as well as his leadership of IC System’s community outreach. The Vistage MN Impact Award

Good billing practices are one way to preserve patient trust

healthcare-industry-debt-collections-IC System

The patient-physician relationship is built on trust. Even if all the treatment protocols are followed and the patient makes a complete recovery, things like rudeness from staff and a bad bedside manner can quickly undermine what was built. Billing and payment is one overlooked area that can seriously undermine the patient-physician relationship. When a patient falls behind

Utilities: Decrease accounts receivables and costly debt write-off

utilities-statement-IC System

It’s a common scenario for a public utility company: Every few years, the governing body must hold its nose and vote to write off millions in uncollected debt. Of course, in many states, statutes of limitations force this unwanted step because after a debt reaches a certain age, it’s no longer legal to collect it. Despite best

Research shows it’s important to talk costs with patients

talk-costs-with-patients-IC System

When patients seek medical care, good physicians have good outcomes in mind. When it comes to a serious illness like cancer, the goal is to raise the quality of life, even when the situation is very bleak. But there’s one major side effect of this high level of care that can diminish the good that

Multiple Indicators Point to Financial Slowdown for Cities

financial-slowdown-snail-2-IC System

By many markers, the national economy is performing well as of late. Unemployment figures recently reached a 16-year low, and we have seen steady GDP growth since the 2007 recession. However, those numbers don’t tell the whole story. According to the latest edition of an annual survey from the National League of Cities, a few

Three Things to Know Before Publishing an RFP for Debt Collection Services

debt-collection-rfp-IC System

If you’re in charge of purchasing for your organization, then you’re no stranger to drafting RFPs. You might even have a tried-and-true RFP template that’s been blessed by your legal department and used for purchasing everything from construction projects to food service. But as you know, every industry has its own considerations. And unless your

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