Would you like to improve your dental collections? No matter how much you value your patient relationships, no dentist should be working for free. Yet that is essentially what happens every time a patient walks out of the practice without paying. With a savings plan like Quality Dental Plan, however, collections issues no longer have to be a detriment to your practice’s revenue stream.
Issue #1: Failing to Train the Team
Team members need to have appropriate verbal skills to address patients’ financial concerns. Quality Dental Plan provides verbal skills training so your staff is able to effectively communicate the benefits of the savings plan to patients.
Issue #2: Not Having the Right Processes in Place
Are you still sending patients home with invoices, or allowing them to walk out the door without paying for services? With Quality Dental Plan, collections rates greatly improve as patients pay one fee that covers their preventive treatment for the entire year.
Issue #3: Failing to Automate
Is the front desk still mailing out hard copies of invoices, sending past due payment reminders, or trying to track patients down over the telephone? Quality Dental Plan helps dental offices automate patient payments.
QDP is powered by PlanPro, the innovative savings plan software that allows dentists to set patients up for automatic debits via ACH and every patient is renewed automatically each year.
Implementing an in-house dental savings plan can make a dramatic difference in collections rates, and Quality Dental Plan (QDP) is doing this in more offices than any other company in the industry.
- Patients are incentivized to join a savings plan like QDP in order to access discounted rates on preventive care.
- Patient fees are paid in full at the time of treatment so there are no unpaid balances for staff to track down.
- Collections rates improve as patients join the savings plan, and practice revenue can increase by as much as 30%.
- QDP member dentists can keep 100% of the fees collected, and are able to set their own fees that make the most sense for their practice. The savings from eliminating accounts receivables and insurance headaches will more than cover the cost of the program.
Dentists should be able to focus on patient care without having to worry about tracking down overdue payments. An in-house savings plan is a genuine solution for improving dental collections. Now’s the time to give patients a way to afford the care they deserve. It’s time to establish a steady and predictable revenue stream for the dental practice. And it’s finally time to make delayed patient payments the exception, not the reality.
Are you ready to overcome pesky collections hassles? Fill out the form on the right to learn more about QDP, or visit the website to find out how a dental savings plan can make a difference in your dental practice.