About Our Collections Agency
Who We Are
Bonded Business Services, Ltd. (BBS) is a premier billing and debt collections agency headquartered in Boulder, Colorado. Established in 1952, BBS proudly serves the Rocky Mountain region, while also having the ability to reach out to bill and collect in all 50 states. BBS specializes in providing full-service billing and consumer debt recovery programs that have been fully optimized for all parts of the revenue cycle, including medical coding, insurance claims processing, deductible recovery, bad debt collection, skip-tracing, and legal support. BBS has a proven track record in achieving high recovery rates, working well with consumers on the clients’ behalf, and regularly going the extra-mile to provide top-tier support to all of our clients throughout Colorado.
Billing Services
Bonded Business Services, Ltd. has a proven track record in helping businesses adapt to the ever-changing landscape of financial management. With many years of experience in revenue cycle management and in-depth knowledge of the regulatory and technological environment, BBS is equipped to handle even the toughest of practices to work with. BBS provides effective billing solutions designed to maximize revenue and cash flow, while also significantly reducing the number of accounts that need to go to full collections. Some of the features of our billing program include:
- Claim preparation and submission
- Insurance claims follow-up
- Denial and appeals oversight
- EOB and payment posting
- Online client portal
- EMR software and support
- Clearinghouse software and support
- Revenue cycle consultations
- A/R cleanup projects
Self-Pay Services
BBS provides an elegant and efficient system to collect the patient portion due on billing accounts. In addition to notices we send, frequent conciliatory telephone communication with consumers is utilized to create payment arrangements, and our systems and processes are designed to ensure that the payment plans are honored and carried out until the balance is paid in full. The self-pay services are a strong last line of defense, and they have the desirable effect of sharply reducing the number of accounts that go to full collections, as well as the need to go to full collections.
Collection Services
BBS possesses a highly skilled collection department that is ready to handle tough accounts that require more work to be recovered. Our collectors work hand-in-hand respectfully with the consumers to work out solutions to getting the debts paid off in full as soon as possible. BBS reports to the major credit bureaus and utilizes robust skip-tracing techniques to locate consumers that might have relocated, while also finding assets that effectively assists potential future legal action. With an in-house legal team, BBS has the ability to garnish wages and bank accounts, and also to file liens on real property as further means of collecting.
Our Promise
BBS works relentlessly for clients with the aim of getting accounts collected in the shortest amount of time possible. Each and every consumer is treated with friendliness and respect, and we always strive to work hand-in-hand with the consumers to get their bills taken care of promptly. BBS is also extremely dedicated to providing world-class collections service that exceeds expectations, making sure our clients are satisfied throughout every aspect of the process. If you could use some improvement in your billing or collection situation or process, we have everything in place to be successful for your company. We respectfully desire a chance for a discussion about the possibilities of becoming the most effective billing and collections partner possible for your business. We look forward to hearing from you. Contact us today about your needs.
