There are a lot of things you can do to bring more patients to your dental and orthodontic practices. The primary one is helping patients with means to pay for their care with dental financing.
Improve Payment Options
Setting up orthodontic and dental financing for potential patients may increase the amount of business you get. It can also decrease the amount of collections and write-offs you have to deal with. TGUC Financial offers plans for dentists and orthodontists.
Why Patients Love Dental Financing
- Patients can proceed with treatment. They know that whatever the bill will be, there will be a way to deal with it whether it is self-pay, dental insurance, financing. If their portion of the bill is high, they can set up financing right away and pay the bill off every month over a period of time.
- Patients will have more options. With financing, they won’t have to just take the cheapest option available. They can review all options and go with the one most recommended by the dentist or orthodontist.
- Patients may not have insurance coverage. Dental insurance is a separate plan from medical insurance and not all patients may have it. Even if they do, orthodontics may not be covered by their plan. With financing, your patients don’t need to forgo treatment because they don’t have insurance coverage.
- Patients are happy. When finances are not an obstacle to receiving treatment, they will continue to return for their ongoing dental and orthodontic needs.
- Patients will tell others about your practice. With their ongoing needs taken care of, with financing to help pay for these needs, they will refer others to your practice.
Why Dentists Love Dental Financing
- You get more patients. With financing, patients don’t have to forego treatment. TGUC Financial offers financing for clients with low credit scores. By setting up this type of financing for your patients, you can quickly get them treated without waiting for lengthy approval processes.
- You don’t have to deal with the patients’ finances. With TGUC Financial, the burden of dealing with collections goes away. You get paid by us at the beginning, and they pay their loan.
- You get additional marketing for your practice. Brochures advertising dental and orthodontic financing will go from your patients’ hands to those of their friends and families.
Communicate Clearly with Your Patients
There are two types of patients that walk into a dental practice: emergency patients and routine patients. Both types of patients may require slightly different modes of communications. The routine patients won’t be in the emotional state that emergency patients will be so they won’t need to be calmed down. They also will have some expectation of what to expect to pay. Emergency patients may be viewing an unexpected dental bill as something added onto the trauma that brought them to your office in the first place. It is important to communicate with them what the procedure is, how much it will cost, and payment options. If they don’t have insurance and aren’t ready to pay out of pocket, then it will be important to let them know about patient financing options.
Letting Your Patients About Dental Financing and Other Payment Options
Your patients will want to pay in different ways. Some will just pay what they owe after the procedure is done. For them, credit and debit card processing may be the most convenient way to pay. Many people no longer deal with checks and won’t be carrying a large amount of cash around. Touchless processing of credit cards is a better way to contain germ transmission at your front desk. Some patients will have dental insurance and you will then send them an invoice for the amount the insurance doesn’t cover. They will want a way to pay that invoice online. And some patients will need financing. The important thing here is to make sure everyone has the ability to pay their dental or orthodontic bill in the manner that works for their budget.
Keep Staff Informed
Your patients may just ask the first staff member they encounter about payment options or they may ask the one treating them. Make sure everyone knows the answers. Patients will be frustrated if they get different answers from different staff members, especially if it involves the cost of a procedure and the methods to pay for it.
TGUC Financial for Dental and Orthodontist Practices
TGUC Financial offers a quick and easy application process for your patients so they don’t have to wait unnecessarily for services they may have been needing for a while. They can get their needed dental work going as soon as possible.
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