Outsource Billing: Protects Cash Flow, Reduces Risk, Less Staff to Manage
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Outsource Billing: Protects Cash Flow, Reduces Risk, Less Staff to Manage
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概要
In this episode, we dive into one of the least exciting but most critical areas of practice ownership: billing and collections. We discuss whether to keep billing in house or outsource it, how accounts receivable aging reveals the health of your revenue cycle, and the real business risk of relying on a single team member to manage cash flow. We share practical insights on evaluating billing partners, maintaining continuity, reducing HR strain, and communicating changes with trust and respect so your practice can stay profitable, stable, and positioned for long term success.
Have a question for us to address in a future episode? Submit it here!
Resources:
Download the Practice Owner's Financial Toolkit
Partners in Profit
20/20 Money Ultimate Financial Success Masterclass
OD Mastermind Interest Form
Check out Adam's new book: How to Buy an Optometry Practice
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