Blog
IC System Takes Donations During Radiothon
The Childrenâs Miracle Network Hospitals and the La Crosse Media Group hosted their 16th Annual Radiothon at Gundersen Health Systemâs La Crosse clinic from October 19-21. Members from IC Systemâs 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
The 2017 Vistage Minnesota IMPACT Award committee recognized IC Systemâs 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 Systemâs community outreach. The Vistage MN Impact Award
Good billing practices are one way to preserve patient trust
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
Itâs 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, itâs no longer legal to collect it. Despite best
Research shows it’s important to talk costs with patients
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 thereâs one major side effect of this high level of care that can diminish the good that
Multiple Indicators Point to Financial Slowdown for Cities
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 donât 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
If youâre in charge of purchasing for your organization, then youâre no stranger to drafting RFPs. You might even have a tried-and-true RFP template thatâs 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
Choosing a collection agency should be like hiring an employee
When you’re choosing a collection agency to take on your accounts receivable, sometimes the hardest part is finding the right fit. In some ways, it’s kind of like hiring a new employee for your team because they will be working on your behalf. What should this new employee be doing? Send letters Many donât realize that
IC System Celebrates 10 Years in Onalaska, WI
IC Systemâs branch office in Onalaska, Wisconsin, recently celebrated its ten-year anniversary. The Chamber of Commerce in La Crosse supported the ribbon-cutting event. Tanner Kabat, the Branch Manager of the Onalaska office, cut the red ribbon on August 29, 2017. Several members of IC Systemâs executive teamâincluding Executive Vice President and CFO Kurt Heinbigner, Director
How Collection Legislation Impacts Consumer Financial Health
Despite the significant impact of the debt collection industry on the economy as a whole, relatively little research exists as to the impact that state-level collection legislation has on consumer financial outcomes. Preliminary findings in a recent staff report from the Federal Reserve Bank of New York reveal âconsistent evidence that restricting collection activities leads
