As a dentist, your primary concern is providing your patients with quality dental care and excellent customer service. However, you also need to be aware of the business side of your dental practice as well, including your accounts receivable. For example, if a patient comes to your office for dental implants and you charge the patient $4,000, he or she may put around $500 down. However, the patient still leaves your office owing around $3,500!
Never allow a patient to leave your office without a solid payment plan in place. Otherwise, you may come to realize that your dental practice is functioning a lot more like a bank than anything else.
Below are a few ideas you can use when trying to decrease the accounts receivable in your dental office:
As a business owner, it’s important for you to be aware of your accounts receivable and have a plan in place to decrease these numbers. You’ll be shocked at how quickly you can take care of accounts receivable problems just by implementing the above tips.
For more tips on running your dental office smoothly, or to discuss the marketing of your dental practice, please contact Pro Dental Designs today!