So you`re looking for money! Improve your patient relationships and collection rates with large dental financial arrangements and solid scripts. And don`t hesitate to train! Practice makes perfect!! Adapt this financial agreement to make it work well for your practice. Or maybe you want to create something completely new and just use it as a starting point. It doesn`t matter. If a dental treatment requires more than one appointment, you should consider halving the payments. Ask for half of the total amount due to the first date and the end of the second half. The first step to keeping your recovery rate high and requirements low is excellent communication. Excellent communication, which contains options for your patient, is the best. Don`t leave room for misunderstandings or misunderstandings. This dental financial arrangement is a great tool to help you! Advanced advance plans work very well for patients who need a little time to pay. That`s where the payment plans come in.
And patients who request a payment plan can pay in advance. You can pay monthly or every two weeks. It doesn`t matter what works for her. I don`t offer discounts on advance plans. The best payment option is full payment at the time of service. I recommend offering a discount to patients who pay in full before treatment! If a patient pays the full time of the schedule, offer a 10% discount. Add this option to the form. It`s working very well. Many patients are looking forward to a discount! You can even fill out a credit card authorization form if you want to automatically charge your patient a credit card each month until the payment is fully received.
This way, you won`t have to wait for your patient to send his payment or call him. You won`t forget it and you could just get a receipt and account snippet credited after each email payment. Even patients with the best intentions run into surprising events and expenses. If the patient has completed the treatment and agreed on 2 monthly payments after treatment, then his car collapses or he loses his job, guess who will be last on the payment list? The dentist! In addition to the ability for the dental practice to say “yes, we offer payment options,” you should also see a higher monthly recovery rate and a lower debt problem.