Strategies in Debt Recovery:
Proven methods to maximize patient collections and reduce cost & overhead
David Wiener (a.k.a “Mr. Cashflow”)
Felton Lewis IIII
ORIGINAL BROADCAST DATE:
Thursday, November 30, 2017
About Our Presenter
David Wiener, known as “Mr. Cash Flow,” has been involved in the business of medicine and dentistry for over 30 years. His experience includes 10 years as a practice administrator, COO of a medical billing company, and years of consulting, speaking, and educating. The CEO of Cash Flow Strategies, Inc., David has worked to assist practices and businesses across the US to maximize their cash flow. Since 2008, David has also provided practices a unique service designed to automate and streamline their accounts receivable follow-up and collections.
For over 25 years, David has spoken across the US and internationally to groups including:. the Medical Group Management Association, The Academy of Dental CPAs, American Association of Oral & Maxillofacial Surgeons (AAOMS), HealthSystems Southeastern User’s Conference, Greenway Health’s Engage Conference, the American Association of Professional Coders, and many more.
His engaging style and quick wit have made him a favorite of audiences coast to coast.
Felton Lewis IIII has worked in Account Management, Sales, and Alliances for several technology startups including YANTRA (acquired by AT&T in 2005, and sold to IBM in 2010) and eBay Enterprise (acquired by a consortium of private equity firms in 2015). He heads up Alliances and Strategic Partnerships for Lab References Advisory Group, a Service-Disabled Veteran-Owned Business.
Felton’s 30 years of experience has run the gamut from selection, design, and deployment of solutions in the technology sector to maximizing client value. He was selected by the Kellogg Company to lead the deployment of several enterprise business systems including installation and end user training.
Felton’s passion is advising early stage startups and small businesses to find their ‘Why.’
Did you know that thirty million Americans have at least one account in collections? In light of this statistic, it is important to know that not all agencies have the specialized knowledge to recover the maximum on delinquent accounts.
Even more concerning is the knowledge that the CFPB (Consumer Financial Protection Bureau) will hold you accountable for the actions of your third-party service providers. Consumers have filed more complaints with the CFPB against collection agencies than any other business, product or service!
In the face of increasing regulatory complexity and enforcement, there’s no longer any room to allow your compliance, or that of your vendors, to be anything less than top-notch.
Here is an opportunity you shouldn’t let slip by, to hear what seasoned professionals have to say about how to address these and other pressing issues in the very important practice areas of collections and cashflow.
As an attendee you will learn:
- How to collect more money and increase cash flow with less overall effort.
- Keys to maintaining diplomacy with patients during the collections process.
- How to launch a flexible collection program that allows you to choose how assertive the approach should be.
- Ways to validate if your practice management systems are compatible with package solutions.
Presentation was hosted by Daniel A. ‘Danny’ Bobrow, President of ADM
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