Healthcare Lockbox
Our lockbox service improves your cash flow by speeding the deposit of checks and providing a digital copy of all transactions. At Founders Bank, we scan every document received in your lockbox regardless of whether it contains a check, thereby providing the information needed to manage your receivables.
That means your office staff can immediately re-file a claim or check with the insurance carrier for clarification, reducing the amount of time needed to collect.
- Summary
- Maximizes availability of funds
- Reduces clerical time and effort
- Expedites movement of your mail
- Eliminates delayed deposits
- Enhances your cash position
- Strengthens audit control
- Provides timely deposit information
