Treasury Management Services
Medical Lockbox
Am I a good candidate for Medical Lockbox?
- Does your practice receive mailed payments from patients and insurance companies?
- Do you have someone on staff who is responsible for the daily preparation of the bank deposit?
- Do you send someone to the bank daily to make deposits, or do you "hold" several days worth of payments so that you only have to make one trip to the bank?
- Do you routinely make photocopies of checks and EOBs received?
- Does your staff spend a significant amount of time capturing data?
- Are you concerned about separating the posting and depositing functions within your organization?
If you answered "yes" to any of these questions, your company is a good candidate for Compass Medical Lockbox.