Case Study
Beats Cardiology
Beats Cardiology Boosts Debt Recovery by 70% and Cuts Costs by 50%
with CredeeBill
Introduction
Beats Cardiology is a premier cardiovascular specialty practice based in Plano. It offers exceptional cardiovascular services focusing on personalized treatment to maintain optimal heart health. The expert team at Beats Cardiology provides superior services for wide-ranging cardiovascular conditions, delivering tailored solutions for each patient.
Their expertise includes:
Congestive Heart Failure
High Blood Pressure
Heart
Attack
Chest
Pain
Coronary Artery Disease
Atrial
Fibrillation
Valvular
Disease
Varicose
Veins
The distinguished doctors at Beats Cardiology hold professional memberships with prestigious organizations, including:
Beats Cardiology: Our Trusted Business Partner
200+
Contracts Created
$80K+
Revenue Earned Within 1 Month
95%
Customer Satisfaction Rate
Beats Cardiology's Key Challenges
Unpaid Invoices
Beats Cardiology faced challenges with overdue accounts. The accumulation of unpaid invoices indicated delays in client payments, which disrupted the organization’s financial stability and increased the burden on administrative resources tasked with managing and recovering these debts. This situation underscored the need for a more effective and efficient approach to managing unpaid invoices.
Manual Debt Collection
Beats Cardiology initially attempted in-house debt collection, which proved time-consuming and resource-intensive. They also engaged a debt collection agency, which incurred significant costs. The agency charged a percentage of the collected debt along with a regular monthly service fee, making it a costly solution.
Lack of Flexible Payment Options
Beats Cardiology had no flexible payment options to offer its customers to settle their debts. Without flexible payment options, customers found it difficult to pay their debts in a manner that suited their financial situation. This led to delays in payment and even non-payment.
Why Beats Cardiology Opted for Credee?
Beats Cardiology teamed up with Credee, and here are their remarkable results
Automated Debt Collection
Credee’s CredeeBill streamlined debt recovery by automating the process - deploying automatic reminders and removing the manual debt collection approach from their pipeline.
Cost-Effective Collection Services
By partnering with Credee, Beats Cardiology eliminated the high fees associated with traditional debt collection agencies. This provided a more affordable alternative while maintaining effective debt recovery.
Customized Payment Plans
Credee introduced a range of flexible payment options for Beats Cardiology customers, allowing them to settle their debts as per their preferences. This adaptability led to improved payment rates, reduced delays, and minimized instances of non-payment.
Results Achieved With Credee
- After implementing CredeeBill, Beats Cardiology experienced a 70% increase in debt recovery rates.
- Credee’s diverse payment methods led to a 78% increase in timely payments.
- By avoiding the high fees of traditional debt collection agencies, Beats Cardiology achieved a 50% reduction in collection costs with Credee Bill.
Client Speaks
Working with Credee has truly transformed our operations at Beats Cardiology. In just one month, we managed to land over 200+ contracts and bring in more than $80,000 in revenue. Our revenue growth has been incredible—going from 50% to a staggering 250%!
Nearly half of our daily transactions are handled through Credee, which has greatly improved our efficiency.
- Beats Cardiology
What Makes Credee Your Best Option?
65K+
Satisfied Businesses
97%
Approval Rate
40+
Industries Supported
See How CredeeBill Can Transform Your Debt Recovery Process !
Discover how CredeeBill can automate your debt collection and streamline related operations just like it did for Beats Cardiology.