Simon's Says - Issue #64 - March 2020
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Simon's Says 64
Owner's Corner - Bullseye!
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Hit the One in the Middle!

There’s a great quote from Rocky IV when the American hero is getting beaten rather decisively by the Soviet brute, Ivan Drago and heads back to his corner bewildered.  He says he sees three of them out there to which his boozy brother-in-law instructs him to “hit the one in the middle.”

Rocky IV Hit The One In The Middle

Such used to be the way in collections.  Clients provided the best information they could from a Rolodex parked on the corner of their desk and we’d do our best to identify the correct John Smith at any given address. We wouldn’t necessarily run after “the one in the middle” but, we would take time to confirm who is who and ultimately, who is responsible for the bill.

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money puzzle
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Tax Season Brings Opportunity for Accounts Receivable

Every year, we begin pushing our clients to get their placements in ahead of the new year in an effort to have those accounts optimally primed for tax season.  With 44% of taxpayers expecting their returns to be the wealthiest check they’ll bring home this year, opportunity abounds for all accounts receivable professionals.

Click Here to Read the Full Article

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boomers on bench looking at phones
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Can't You Hear Me Knocking?

If you like the Rolling Stones song by the same name, you’ll really appreciate this scary fact, Americans are only answering their cell phones 47% of the time according to Hiya, an authority on the subject.  Less than half of all attempts to reach consumers on their cell phones and yet statistics show that Americans check their cell phone every 12 minutes or 80 times each day!

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The Owner's Corner - US Capital Building - Washington, DC
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ATTENTION: H.R. 5330 is Poised to Disrupt Accounts Receivable for Healthcare Organizations

This month we are highlighting the Consumer Protection for Medical Debt Collections Act which is being sponsored by U.S. Rep. Rashida Tlaib, D-Mich and should be coming up for a vote early this year.  H.R. 5330 is important to our medical clients for two very specific reasons.  First, it would limit any medical account from going into collections for two full years.  If that isn’t enough to worry you, H.R. 5330 would also eliminate your ability (and our ability) from reporting any medical account to the credit bureaus for one full year. 

Click Here to Read the Full Article

Click Here to Tell Your Congressional Representative to Vote “NO” to this Act

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To learn more about “From the Owner’s Corner,” click here.

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Simon's Agency, Inc. | 4963 Wintersweet Drive, Syracuse, NY 13088 | 315-454-8700

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