Your typical solutions . . .
After a claim is filed, your internal follow-up procedures along with their drawbacks are:
1. Telephone calls . . .
. . . very time consuming & very costly.
2. Sending tracer letters . . .
. . . cheap, but not very effective.
3. Re-filing the claim . . .
. . . resets the clock for payment times.
Other Options May Include . . .
but are not really practical or cost effective . . .
•Increase FTE efforts and expense, or hire billing service.
•Hire an attorney and proceed through the courts at $100 -$200 per hour.
•Use a conventional collection agency that may take 25-50%.
