Collection Agency News - TSI

Collection Agency News

Date
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Aug 30, 2017

LAKE FOREST, Ill., Aug. 30, 2017 – Transworld Systems Inc. (TSI) – a leading analytics-enabled provider of accounts receivable management and loan servicing solutions – recently prevailed on summary judgment in an important case in the Northern District of Illinois in the case…

Jul 13, 2017

We are very excited to announce TSI’s Profit Recovery renewed its Peer Reviewed status by the HFMA (Healthcare Financial Management Association) for its 10th consecutive year. TSI’s Profit Recovery is a collections program designed to deliver the power of third-party intervention,…

Jun 26, 2017

  TSI’s own Jimmy Williams, Nancy Lawson, and Scott Foster, were on hand to accept the award at the HFMA 2017 ANI conference today in Orlando, FL presented by the HFMA.   Profit Recovery has been Peer Reviewed by…

Jun 12, 2017

TSI’s continued investments in technology and information security over the past year have helped us to achieve the highest level service provider certification, the same payment processing standards held by all major banks and credit card companies, the PCI…

Jun 7, 2017

LAKE FOREST, ILLINOIS – APRIL 5, 2017: Transworld Systems Inc. (TSI) – a leading analytics-enabled provider of accounts receivable management and loan servicing solutions – announced the launch of Rocket Receivables, a new web-based self-service platform that allows businesses…

Mar 25, 2016

Lake Forest, IL – Last week, TSI welcomed James T. Mahoney as the newest addition to its Commercial Sales team. TSI (Transworld Systems Inc.) is a 40+-year veteran in the accounts receivable management industry and believes in taking an…

Feb 3, 2016

The collection agency industry is highly regulated and there are numerous laws on the books designed to protect consumers, which make it more difficult to collect. While it costs agencies more to be legally compliant and hinders their collections…

Feb 3, 2016

Transworld Systems has partnered with Millennium Systems International to bring healthcare and beauty organizations better tools to manage their accounts receivable and increase their cash flow. What can the Transworld Systems/Millennium partnership do for you? Increase your cash flow…

Feb 25, 2015

We are pleased to announce that on Monday March 2nd 2015, Joseph Laughlin will join the leadership team of Transworld Systems Inc. as its Chief Executive Officer. Joe is an operating executive with experience in international banking, retail and…

Nov 4, 2014

NEWS RELEASE For Immediate Release EXPERT GLOBAL SOLUTIONS COMPLETES SALE OF CERTAIN SEGMENTS OF ACCOUNTS RECEIVABLE MANAGEMENT BUSINESS TO PLATINUM EQUITY Tim Galloway to Lead Transworld Systems Going Forward Plano, Tex., and Los Angeles, Calif. — Nov. 3, 2014…

Jul 14, 2014

Business Expected to Operate as TSI Once Transaction Is Completed PLANO, TX and LOS ANGELES, CA–(Marketwired – Jul 14, 2014) – Expert Global Solutions (EGS), a global leader in the Business Process Outsourcing (BPO) industry, announced today that it…

Mar 10, 2014

March 10, 2014, St. Louis, MO –Transworld Systems is working together with MediTouch to deliver an integrated receivables management system to healthcare practices. The Transworld Systems interface seamlessly integrates with MediTouch and helps to increase the overall cash flow,…

Mar 4, 2014

March 04, 2014, St. Louis, MO – Transworld Systems announced today it has joined the Greenway Medical Technologies Online Marketplace for users of the Greenway PrimeSUITE integrated electronic health record (EHR) and practice management solution. Being Marketplace approved signifies…

Feb 24, 2014

Transworld Systems Inc. and Prompt Alert, Inc. Collaborate to Deliver Patient Engagement Tools and Front/Back Office Automation for Healthcare Organizations February 24, 2014 – St. Louis, MO – Transworld Systems Inc. and Prompt Alert, Inc. are working together to…

Nov 8, 2013

Transworld Systems Joins Forces with MacPractice to Help Healthcare Practices Increase Cash Flow and Maintain Patient Diplomacy November 8, 2013, St. Louis, MO –Transworld Systems has proudly partnered with MacPractice to bring healthcare practices an integrated receivables management system. The Transworld…

Feb 27, 2013

– Karen Cooper, MBA For Part 1 click here Establishing Internal Collections Policies 8) Just like other aspects of your employee handbook, your collections policies should be in writing. This makes it easier when training new employees and demonstrates…

Feb 20, 2013

– Karen Cooper, MBA Collections should not be thought of as something that only happens on the backend of the billing process. It should start by properly conveying your policies and expectations in advance to both patients and staff….

Feb 9, 2013

What can the Transworld Systems/MicroMD partnership do for you? Increase your cash flow Create an automated workflow within your MicroMD software for your outstanding self-pay accounts Reduce overhead costs and staff time Utilize staff time more efficiently, allowing them…

Feb 8, 2013

Nobody wants to go to collections. Not the business owner and certainly not the customer. When you own a business there are times when bills will go unpaid longer than 30 or 60 days. These delinquent payments can have…

Feb 5, 2013

Transworld Systems is redefining the collections industry by providing organizations with better tools to increase their cash flow. It brings us great pleasure to announce our exciting new partnership with Henry Schein MicroMD. Together, we are bringing healthcare organizations…

Oct 29, 2012

ACA International seeks to dispel commonly held myths about the credit and collections industry. Today more than 30 million consumers have delinquent or defaulted accounts under collection, averaging $1,400 each. “Repayment of consumer debt is the lifeblood of America’s…

Oct 25, 2012

Transworld Systems recently partnered with Sikka Software Corporation to participate in the American Dental Associations Annual Session October 18-21 in San Francisco. The ADA Annual Session features more than 600 exhibitors and brings together leaders in the dental industry…

Oct 10, 2012

It is always important to ask questions, especially if you are not 100% certain of the subject matter you are discussing. This is even more important when selecting a company to recover your late payments and call upon people…

Sep 28, 2012

Is your collection agency in compliance? The debt collections industry is increasingly regulated. Collection agencies have a bad reputation because of their many abuses, both perceived and real against debtors. Some unscrupulous collection agencies were known to: Use profane…

Aug 1, 2011

Transworld Systems Inc. (“Transworld Systems”), a leading accounts receivable and cash flow management provider to dental practitioners, and Sikka Software Corporation, a market leader for business analytics and optimization products, have partnered together to provide dentists with a new…

Mar 29, 2011

Hiring a collection agency to help in the recovery of past due payments has become part of how businesses run today. However, there are some things you need to know before you go and hire the agency that your…

Sep 8, 2010

Transworld Systems recently introduced Accelerator, a new service that stimulates cash flow by systematically following up on early stage past due accounts. Accelerator provides businesses and healthcare providers with the ability to send reminder letters and make initial reminder…

Nov 12, 2009

Transworld Systems, an industry leader in profit recovery, recently began its 40th year of business. Serving more than 60,000 clients, Transworld has recovered over $2.4 billion for businesses and medical practices over the past five years and continues to…

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