Green Flag Profit Recovery Messenger Presentation Pages 12 1

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GreenFlag Messenger Launch Call December 2, 2010 CRAIG HALFORD Sr. Consultant

description

Messenger is a mixture of written demands and phone calls aimed at collecting delinquent accounts effectively, efficiently and cost effective.

Transcript of Green Flag Profit Recovery Messenger Presentation Pages 12 1

Page 1: Green Flag Profit Recovery Messenger Presentation Pages 12 1

GreenFlag Messenger Launch Call December 2, 2010 1

CRAIG HALFORDSr. Consultant

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GreenFlag Messenger Launch Call December 2, 2010 2® 2009 Transworld Systems Inc. (Rev 5/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered

service marks of Transworld Systems Inc. NYC License No. 1155022

Transworld Systems Inc.

Company Overview

• In business since 1970• 60,000+ clients• 100 Offices Nationwide• Recovered $2.4 billion in the last 5 years for companies

across all industries including Fortune 500 & 100 Companies• Success rate of more than 4 times that of the industry

average*• 24/7 Online account management

*Based on ACA Statistics

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GreenFlag Messenger Launch Call December 2, 2010 3® 2009 Transworld Systems Inc. (Rev 5/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered

service marks of Transworld Systems Inc. NYC License No. 1155022

Transworld Systems Inc.

An MGMA AdminiServe Partner for Over 10 Years

• One of only 15 companies in this preferred supplier network

After undergoing rigorous review, GreenFlag Profit Recovery now features the notable "Peer Reviewed by HFMA" mark.

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GreenFlag Messenger Launch Call December 2, 2010 4® 2009 Transworld Systems Inc. (Rev 5/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered

service marks of Transworld Systems Inc. NYC License No. 1155022

What the Experts Say

“The numbers speak for themselves – recovery of over $425 million dollars with a 45% recovery rate and an ROI of 3,000% and a collection cost of 3.2%.” Steve Hellebush, VP of Business Development, Medical Group Management Association

“The company has a collection rate of well over 50%. The typical collection firm gets only 20% and keeps 25% to 50% of recovered funds.” Fortune Magazine

“Transworld gets credit for the highest recovery rate in the industry.” Barron’s

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GreenFlag Messenger Launch Call December 2, 2010 5

What is GreenFlag Messenger?

• A new version of our existing GreenFlag Profit Recovery service

• Package includes 3 written demands and 2 automated phone calls

• Two automated phone calls replace demand 2 & 4

• Similar to GreenFlag Accelerator but this is 3rd party collections efforts

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GreenFlag Messenger Launch Call December 2, 2010 6

GreenFlag Messenger Service

BZ

Contact 1

Contact2

Automated Call #1:

Hello. This is an important message from Transworld Systems, a debt collection company. This is an attempt to collect a debt and any information obtained will be used for that purpose.

We are calling in reference to a letter we sent you on <Date> regarding our client <TSI Client Name>. Please return the call to <TSI Client Name> at <Phone>. Again, that’s <TSI Client Name> at <Phone>. When calling please refer to your id code <Account>.

Transworld Systems is a debt collection company and any information obtained will be used for that purpose. Thank you.

Click here to hear a sample of this message.

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GreenFlag Messenger Launch Call December 2, 2010 7

GreenFlag Messenger Service

Contact 3

Contact 4

Automated Call #2:

Hello. This is an important message from Transworld Systems, a debt collection company. This is an attempt to collect a debt and any information obtained will be used for that purpose.

We are calling in reference to a letter we sent you on <Date> regarding our client <TSI Client Name>. Please return the call to <TSI Client Name> at <Phone>. Again, that’s <TSI Client Name> at <Phone>. When calling please refer to your id code <Account>.

Transworld Systems is a debt collection company and any information obtained will be used for that purpose. Thank you.

Click here to hear a sample of this message.

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GreenFlag Messenger Launch Call December 2, 2010 8

GreenFlag Messenger Service

Contact 5

Also Available in

Spanish!

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GreenFlag Messenger Launch Call December 2, 2010 9® 2009 Transworld Systems Inc. (Rev 5/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered

service marks of Transworld Systems Inc. NYC License No. 1155022

Thank You Letter

At your request, we’ll send a thank you letter to your patient, at no additional cost!

This will help your practice retain valuable patient relationships.

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GreenFlag Messenger Launch Call December 2, 2010 10® 2009 Transworld Systems Inc. (Rev 5/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered

service marks of Transworld Systems Inc. NYC License No. 1155022

The Power Beyond GreenFlag

•You decide the next step: Option=Verbal Demands Collection - Phase II

•Seamless flow from in-house efforts to a contingency agency

•Your practice benefits from a professional team of well-trained collectors using industry-leading technology from telephone centers throughout the country.

•You can move to legal action and we pay all attorney and court fees.

What happens if patients don’t pay after the demands?

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GreenFlag Messenger Launch Call December 2, 2010 11

Official Price – Monthly Usage

Appx. Number ofAccounts per Month

Total Number of Accounts(24 months) Cost per Account National Average internally

8000 200,000 4.99 31.60

6000 150,000 5.25 31.60

4000 100,000 5.50 31.60

3000 75,000 5.75 31.60

2000 50,000 5.99 31.60

1000 25,000 6.50 31.60

600 15,000 6.99 31.60

400 10,000 7.50 31.60

200 5,000 8.50 31.60

100 2,500 8.99 31.60

40 1,000 9.50 31.60

20 500 10.50 31.60

10 250 11.50 31.60

4 100 12.25 31.60

2 50 13.99 31.60