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® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc.

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Presentation on theme: "® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc."— Presentation transcript:

1 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No “Getting Paid Has Never Been Easier!” The service you’ve been asking for is finally here. Previously available only to our largest clients, Green Flag Accelerator, is now available to small and medium sized practices. If you’ve been wishing for an easier, more cost- effective way to systematically stay on top of your patient billing – the wait is over. Ever struggle to find the time to contact patients regarding payments? Experiencing more frequent interruptions in your cash flow? Wondering how you’re going to make ends meet in this challenging economy? Please go to the next slide.

2 A Practice Manager’s New “Best” Friend ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No What Is Green Flag Accelerator? A Cost effective, diplomatic and systematic fixed fee service that resolves past due accounts BEFORE they need to go to collection. A series of 5 contacts – 3 written and 2 automated calls, made by us IN YOUR NAME - all for an average cost of only $10 Green Flag Accelerator leaves YOU in control of your finances, patient relationships and profits without the cost, headaches and lack of effectiveness with your in-house staff.

3 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Four Stage Approach Outsourced In House Efforts – in Your Name Pre- Collection 3 rd Party Demands 3 rd Party Verbal Demands 70 Days Demand 1 80 Days Demand 2 90 Days Demand Days Demand Days Demand 5 We contact slow paying accounts every 10 days increasing intensity in each demand without alienating your customers or patients. Early In House Use of a Diplomatic Third Party at a Controlled Cost. You maintain Control of your Accounts. 120 Days Intensive Collections/Legal Action 30 Days Diplomatic Reminder Letter #1 37 Days Diplomatic Reminder Call #1 44 Days Diplomatic Reminder Letter #2 51 Days Diplomatic Reminder Call #2 58 Days Final Warning Letter After the invoice or initial statement, submit accounts to GreenFlag Accelerator – limit internal efforts and expense while controlling the entire process Systematically contact your patients with 5 contacts in 30 days! Your In House Efforts Send Invoice or Statement Client

4 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Accelerator Contact 1: Diplomatic Reminder Letter

5 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Accelerator Contact 2: Diplomatic Reminder Call Automated Reminder Call #1: Hello. This is not a telemarketing call. This is calling regarding your account and a letter we recently sent you on. This message is for. Please contact us at your earliest convenience at and reference your account number. Again, that’s at. Thank you for your immediate attention to this matter. Click here: to hear this sample message

6 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Accelerator Contact 3: Diplomatic Reminder Letter

7 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Accelerator Contact 4: Diplomatic Reminder Call Automated Reminder Call #2: Hello. This is not a telemarketing call. This is calling for the second time regarding your account and a letter we recently sent you on. This message is for. Please contact us at your earliest convenience at and reference your account number. Again, that’s at. Thank you for your immediate attention to this matter. Click here: to hear this sample message

8 ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No GreenFlag Accelerator Contact 5: Final Warning Letter

9 Final thoughts… ® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No Prospering in today’s business climate is more challenging than ever. Thousands of hospitals, clinics and large medical practices have relied on Transworld Systems Inc. for over 40 years to provide them with the revenue cycle management tools they needed and required to operate profitably, regardless of the state of the economy. Now, your practice can take advantage of these same class-leading services as well. We look forward to speaking with you. For more information on Green Flag Accelerator or any other Green Flag Services, please contact: Edye Button District Manager Transworld Systems Inc. p f c e.


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