After hundreds of thousands of claims, we’ve seen a consistent seasonal pattern: claims submitted during peak summer and early fall take meaningfully longer to reach payment.
Part 1 of this series looked at the broader claims environment: rising activity, larger invoices, more complex work, and a more contested negotiation landscape. Part 2 goes deeper into the operating patterns behind those trends. Using a representative subset of the 10,000-plus claims submitted through OCS from the end of last year through the first […]
Claims and collections data can tell you a lot about your restoration business’s strengths, weaknesses, and overall health. Familiarizing yourself with the critical financial analytics of your restoration insurance billing gives you the knowledge you need to approach business decisions with confidence. At One Claim Solution, we help restoration contractors master their claims and collections. […]
Top Tech to Expedite Restoration Claims Collections You’ve heard the phrase time is money – and in no industry is that more true than in restoration. As a restoration business owner, you know that every minute you’re not focused on doing the job is costing you money, and one of the most time-consuming aspects of […]
AR Part 3: How OCS Trains Advocates To Meet Your Billing Needs C&R’s 2022 State of the Industry reported that hiring challenges was one of the top concerns restoration owners faced last year. Decreasing staff turnover rates with in-field workers is one challenge, keeping up with training a skilled office staff to manage your accounts […]
AR Part 2: Managing Your Accounts Receivable With Proprietary Software Maintaining an accurate and up-to-date accounts receivable is vital to successfully managing a restoration business. At One Claim Solution, we’ve developed a proprietary software that manages accounts receivable by helping our claim advocates stay on track and manage invoices through a carrier’s claim process. Accounts […]