NEW ORLEANS DENTAL ENTERPRISES, INC. (NODE)
PREFERRED PROVIDER
MoneyQuest Corporation
Account Representative
Kathy
Ferguson
National
Vice
President
7635
Jefferson
Highway,
Suite
308
Baton
Rouge,
Louisiana
70809
866.932.2327
225.932.2327
moquestkf@aol.com
www.themoneyquestcorp.com
In 1985, Kathy started in the Collection Industry with a National collection agency in New Orleans, was promoted to Sales Training Manager in 1987, then to District Manager in 1989. She later joined with the MoneyQuest Corporation as District Manager and in 2001 and in 2003 was named Regional Manager. She now holds the title of National Vice President, where she currently has clientele through out the United States - from California, Illinois, New York, Florida, Texas, Georgia, Mississippi and Louisiana.
MoneyQuest Corporation is a financial services company engaged in “interface management” that makes it possible for businesses to access accounts receivable services more efficiently and at a significantly lower cost than previously available.
Kathy is also currently the National Service Manager where she and her staff are responsible for Service quality for MoneyQuest Corporation through out the United States. She has worked with many city, state and national associations, from Medical and Dental Society’s, such as the New Orleans Dental Association, Inc., all the way to Alarm Associations. She has taught many collection seminars through out the years.
She looks forward to giving our organization her personal attention by offering a valuable benefit to our members. She will provide a well rounded service offering financial solutions to your account recovery needs and her ultimate goal is to increase your cash flow.
I encourage you to contact Kathy and see for yourself, as numerous other NODA members have done, and have found that her solution is truly, a whole new concept in delinquent accounts recovery.
Kathy is looking forward to being…"Your Delinquent Account Recovery Solution!"
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Dear NODA Member,
Again this year, NODA/NODE is happy to announce our continued partnership with MoneyQuest Corporation as a preferred provider. As a benefit of our service to our members, we are continually looking for cost savings and revenue enhancing opportunities that are valuable in today’s post-Katrina economic environment. This is a unique account recovery system that will be an asset to your practice.
MoneyQuest Corporation is a delinquent account recovery system. The goal of MoneyQuest is to reduce your accounts receivables through their diplomatic approach with maintaining relationships with your patients. MoneyQuest is not a collection agency. MoneyQuest eliminates the need of a collection agency! Whether your practice has hundreds or only a few delinquent accounts a month which age beyond 60-90 days, you can expect to collect more of your money, faster and at a significantly lower cost, typically 5-7% versus 33-50%. MoneyQuest’s program is designed to accelerate your cash flow, increase your profitability and maintain the security of all the payments, because you receive them directly. MoneyQuest also provides you the impact of attorney intervention and credit bureau reporting without the inconvenience or the high cost.
MoneyQuest’s program is a well-rounded service, not only do you get help with delinquent accounts, but you also get a personal consultant, service representative, free on-line website, skip tracing services and payment plan programs. Kathy Ferguson is our qualified consultant and service representative for the MoneyQuest Corporation. Kathy has over 20 years experience in the accounts receivable industry and currently holds a Regional Vice-President position and is in charge of the service department.
This on-line service will allow your accounts receivable manager to follow the progress of the account status on a regular basis. The national skip tracing service will allow you to locate your patient by various methods and get your patient to take responsibility for their financial commitment to you.
By using MoneyQuest, your benefits would be as follows:
1.)
Cash
flow
will
be
dramatically
enhanced
2.)
Recovery
will
be
significantly
increased
3.)
Collection
costs
will
be
minimal,
typically
5-7%
4.)
Security
of
funds
will
be
maintained,
since
you
receive
all
of
the
payments
5.)
You
will
be
afforded
complete
and
timely
follow-up
while
maintain
patient
relationships
6.)
Personal
consultant
and
service
representative
7.)
Free
on-line
website
to
follow
your
accounts
8.)
Skip
tracing
service
9.)
Payment
plan
options
10.)
Attorney
intervention
and
credit
bureau
reporting
As a member dentist, you will get a discount when you use the MoneyQuest program. So, I am please to recommend this service to all NODA members. Kathy has assisted my staff and coordinated the program with my office. This service has been successful in my practice. So, I encourage you to speak to Kathy Ferguson personally toll free at 1.866.932.2327.
The MoneyQuest Corporation is looking forward to being of service to you and meeting with you at your next available opportunity. At that time, they can demonstrate the effectiveness of their program. You can then see for yourself, that this is, truly, a whole new concept in accounts receivable recovery. Remember, the only things you have to lose – are those delinquent accounts!
NODA News Interview
Is
MoneyQuest
For
You?
By
Kevin
J.
Collins,
DDS
NODE
President
MoneyQuest has been one of NODEs first Preferred Providers. This is a service that you as a member should explore in 2010! The following is an interview between Kevin J. Collins, D.D.S, President of New Orleans Dental Enterprises, Inc. and Kathy Ferguson, Regional Vice President of MoneyQuest. The following are answers to many of the questions you may have about the services offered by MoneyQuest.
§ What service does MoneyQuest offer our members?
MoneyQuest is a National Service Bureau that is helping you manage your A/R process. We let you outsource the headaches, while leaving you in control of your patients and your money. We are not a collection agency, but are instead an alternative to traditional collection methods. You do not turn over your accounts to us; instead we follow up with your patients on your behalf and under your name, so that all funds are paid directly to you or your retained attorney. MoneyQuest eliminates ever having to use a collection agency. We have a recovery rate 4 to 5 times greater than a collection agency.
§ Why does MoneyQuest get greater results than a collection agency?
We get you a greater % of your money at a much lower cost, as low as 5% and in less time. Bottom Line is More Money in the Bank and Increased Cash Flow. Secondly, we work every account equally and systematically, no matter what the balance or age. Our efforts are not based on commission like a collection agency therefore we get a higher recovery. Lastly, we work with slow pays, as well as no pays, due to our diplomatic and professional letters that are not offensive, but are effective. You can maintain relationships with your patients. We even end our conversation with a Thank You note upon your request.
§ What is your success rate?…How long before the doctor’s see results?
Because we send letters every 14 days and up to 3 letters in one month, you will see fast results, even in the first month of submission. Fast and Steady…Our letters have a psychological impact as they are getting increasingly more demanding, they now know you’re serious and they see you have brought this to another level by having this system in place. You have always had the bark, we just give you the bite along with immediate results.
§ How does this system work?
We send out 7 letters…4 that will appear to come from you and then a phone call, 3 demands from the Attorney and then phone calls from the Attorney and an intense final demand. Then we give you the opportunity for Litigation or Credit Bureau Reporting. We recommend you submit your accounts in less than 60 to 90 days. The earlier you turn accounts over, the less you pay and the less in-house efforts and expense you will have to encounter. After all Dr Collins, what can you say in the next 30 days that you didn’t already say in the prior 60 days? With MoneyQuest, accounts less than 120 days old will pay 5% to 10% of what’s actually collected…that’s much better than paying 30% to 50% of what is submitted, like a typical collection agency, and all the money is sent directly to the Dental Practice.
§ How do you submit accounts to MoneyQuest and know the status of your accounts?
Everything is accessed by a secure website that can be accessed 24/7 for easy submitting and up to date reporting. You have access to your status reports at all times so you know exactly what is going on every step of the way. We also have automated demos for your convenience, just turn on your speakers and watch a minute demo on what ever subject you choose.
§ What kind of support do you offer?
We are a national company, but our processing is based out of New Orleans and you will always have live help by calling our service department, where you are an important Name and not just a number. I personally have known the National Service Manager all my life. She has over 25 years of experience and is very familiar with Dental Practices since she has been working with them since she first got started in this industry. Okay, as you know it’s me Kathy Ferguson here at your service. I’ve been assisting you and your staff personally for over 8 years now.
§ What happens if the patients do not respond to your letters and calls?
Then you have 2 choices, either Litigation by your retained attorney if a balance warrants it or you can choose which of your patients that you would like to turn over to the National Credit Bureau Reporting and affect their credit until they pay you in full, then we will report back to the Bureaus that the account has a zero balance. They can’t buy a house or a car until they pay you.
§ Can you find people that are missing…what if we have a bad address?
You can use our service MaxSearch, which can locate your patients by filling out all the old information that you have and we will email you back a report with updated information, such as a new address, phone numbers, and even let you know if they have filed bankruptcy. We can even track them down by their social security number. This is available when you sign up with us. MaxSearch helped a lot of your members after Hurricane Katrina.
§ How long does it take to get started once I sign up?
It’s easy to get started. Just call me and while I am on the line with you in a matter of minutes…I can set up your secure personalized web portal and assign you your ID and Pin Number and you will be able to start submitting accounts that day and the letters will go out that night.
§ Is there any requirements in order to use your system?
There are no software or system requirements. You can access your account from any device that allows you on the internet on the secure website or if no access is available, the by fax. Once we have you set up in the system you are there for life where there are no minimums, packages, renewals, expirations, annual or monthly fees, so you are set up for life. As you know Dr. Collins, after Hurricane Katrina, we had many Doctors that had to wait a year or so before they could use us again and there was no penalty or renewal necessary. They just got to start where they left off. In fact, we came up with special pricing for the year after Hurricane Katrina to help the Doctors and NODA get back on their feet. Many of your members were able to take advantage of that and we were happy to help.
§ Do you have other satisfied dentists besides me?
Yes, we have Happy Dentist nationwide and NODA members all over Louisiana, especially here and near New Orleans. Like you, they have been pleased with the results, as you can see in the NODA News advertisement from December 2009. Here are a few quotes from some of our satisfied dentists, such as…
Dr. Melanie Andrews’ office - Charlotte stated they tried a collection agency with little results. What she likes about MoneyQuest is the consistency and persistency that gives her tremendous results, a continual response and the money keeps coming in everyday.
Dr. Laurie Glaser’s office - Kay and Peggy said they were ecstatic, because their response of recovery has been over 45% and yet diplomatic enough not to lose patients, which is important in a small community. They said that the results speak for themselves.
NorthShore Family Dentistry office - Tiffani loves the fast turn around of getting the doctor’s money in and using our site is easy. She said it’s a no brainer and they appreciate that we have been a big help, especially to her giving her time back to do other productive things for the practice and making her job easier. They like that our service has a very low cost and everything is running smoothly.
§ What will using your service do for NODA members and the NODA Association?
Finally, I want to point out that every single account that you submit to MoneyQuest, NODE will make money if anything is collected or not. You will also be paid every time a Dental Practice signs up with us. This will help your Association to supply your financial needs. We are proud to support your organization and proud to say we were one of your first Preferred Providers that you have had and have been with you since the early 2000’s. MoneyQuest plans to be a continued supporter and a great benefit to your members. Thank you Dr. Collins for allowing me to be of service to you and your members and for taking the time for this interview.
§ Kathy, how would our members contact you if they are interested in talking to you about your services?
Dr. Collins, they can call me at 225/932-2327 or e-mail me at moquestkf@aol.com.
We here at NODA recommend MoneyQuest, because they are Your Delinquent Account Recovery Solution…as I have said before all you have to Lose are those Delinquent Accounts.
Website
www.themoneyquestcorp.com