DENTAL FINANCING: BENEFICIAL TO BOTH PATIENT AND PRACTITIONER

Once running a medical practice, having the capacity to accumulate payment from your clients is essential to keep in business. It will not matter how many doctorate degrees you have or what school you visited. Unless you can get your customers to pay for the services that you render, you will be able to stay in business. Because of this, the dental financing is a topic that you may want for being familiar with.

One way that you can raise the chances of getting paid when you render services is to offer in-house dental financing plans. In this way, you improve the chances of to be able to acquire when you treat a patient. Many people have no a lot of money lying around in order to pay medical bills with Denefits. If you will break it down into small monthly repayments to them, they will be much more likely to be able to find the money for their bills.

BRINGING EXTRA CUSTOMERS IN THE DOOR

At the time you offer in-house dental financing plans, you may also be able to raise the number of customers that you get regularly. When people know that you offer payment programs, they shall be much more likely to seek out your services when they need them. Somewhat than putting off their medical care or seeking some other way to take care of a condition, they will be more likely to enter into your office. By simply making this small change, you can improve the number of patients that you have substantially over the course of 12 months.

Once running a medical practice, having the capacity to accumulate payment from your clients is essential to keep in business. It will not matter how many doctorate degrees you have or what school you visited. Unless you can get your customers to pay for the services that you render, you will be able to stay in business. Because of this, the dental financing is a topic that you may want for being familiar with.

One way that you can raise the chances of getting paid when you render services is to offer in-house dental financing plans. In this way, you improve the chances of to be able to acquire when you treat a patient. Many people have no a lot of money lying around in order to pay medical bills. If you will break it down into small monthly repayments to them, they will be much more likely to be able to find the money for their bills. For more help search dental financing on the internet.

Source: https://denefits.livejournal.com/769.html

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4 Periodontal Marketing Ideas To Increase Your Month Revenue

As a dental marketing expert, I can say running a successful practice takes more than having the right skills to perform your duty. In this ever-growing industry, you have to know how to market your practice and services. By keeping this major factor in mind you can make the most of your time, money and effort.

Fortunately for everyone who is in this business, marketing isn’t rocket science. In fact, specialty dentistry is a business just like any other where you can implement different marketing strategies to bring in more patients and earn more revenue. In today’s digital era most of the marketing efforts are centralized around the website, social media channels, uniqueness content creation, and good outsources.

Periodontal Marketing Ideas To Grow Your Practice

1. Promote Patient Testimonials

Patient’s feedback and suggestions are the most prior marketing strategy to promote your practice. This will build trust of your new patients on your practice, because you can’t be everywhere but your patients can!! Word-of-mouth marketing has a huge power to convince people to come to you when they are in need of a periodontal services. Testimonials allow patients to write their experience about the treatment at your practice. Website like Google map, Yelp, Bing are the best places to ask your patients to write a feedback!

2. Offer Financing Options

Specialty dentistry is a highly competitive business where it’s extremely difficult to bring in new patients, thanks to expensive treatment options. However, you can really get an edge over your competition by offering affordable financing option and/or private dental plans. Patient financing allows you to finance your patients on your own terms. This helps you retain patients, attract new patients and increase monthly revenue.

3. Offer PRM Platform

With a help of a patient relationship management platform, patients get the freedom to book their appointment from anywhere, anytime. It also comes with other benefits like automatic appointment reminder, cancelling and rescheduling appointments, tracking payment history of a patient etc. A good PRM platform is an easy and conventional way to interact with your patients.

4. Update User Friendly Responsive Mobile Design

Let’s admit, there’s nothing as convenient as the accessibility of the internet in the palm of your hands. People tend to use smartphones to access the internet than a regular desktop. So it’s always advisable to build your website that is mobile-friendly as well as user friendly. So your patients and target audience can access your website whenever they need.

Use these strategies to build a good reputation of your periodontal business and work to build a good rapport with your patients.

If you have any question and suggestion, comment us below!

Source: https://denefits.tumblr.com/post/176456909994/periodontal-marketing-ideas

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LONG TERM FINANCING VS SHORT TERM CREDIT CARE

After undergoing surgery or emergency medical procedure, patients often find themselves in another difficult situation: paying off their expensive medical bills. People usually feel distressed by their medical debt, considering it as their moral duty to pay their bills and a personal failure that they can’t afford them. However, in order to pay off their debt, they struggle to handle other emergencies, deplete their long-term savings, damage their credit and even, in some cases, declare bankruptcy.

Medical Debt Is More Common Than You Think

But many people don’t know is that medical debt is not a personal failure; it’s a common affliction. According to The New York Times and KFF report, approximately a quarter of Americans in the age group of 18 to 64 struggle to pay their medical bills, and almost half have reported a major negative influence on their families. And the problem isn’t just limited to uninsured individuals or low-income households, people with insurance and robust income source can face it too.

People often try to pay their debt by cutting back on household expenses, working overtime, delaying major household purchases and vacations.

Ways To Pay Off Your Medical Bills — Long-term Financing Vs Short Term Credit

Paying your medical bills is apparently frightening, given the high cost. However, there are many options available that lets you minimize the effects of your medical debt on your future finances. Two of them being short term credit and long-term patient financing. However, short term credit, being the most popular, does more harm than good and we are going to find out why in this article.

Credit Score:

Short- Term: Paying off your medical bills using a credit card can have a huge impact on your credit score. Your credit rating drops drastically if you are unable to pay the whole amount in a couple of months. And of course, a bad credit score can hinder your ability to get a reasonable mortgage rate. Moreover, it is extremely difficult to reverse your poor credit rating, even after you have paid all your debts.

Long-Term Financing: Long-term healthcare financing neither comes with credit check financing nor affects your credit check such as Denefits patient financing. Denefits long-term financing allows you to afford expensive medical services and pay off the bill in easy monthly payments. That way, you can save your credit check for other purchases, and prevent high-cost bills that lead to bad credit scores.

Interest Rates:

Short Term: Short term credit often comes with variable interest rates. This means the interest rate a credit company charges a patient is subject to change with time. Oftentimes, the interest rate is too steep and costly. So, when a patient delays or even misses a payment, the total amount tends to go up significantly.

Long-Term Financing: Denefits long-term financing options come with zero or low-interest rates which is determined by the doctor. Plus, there are no hidden fees and the rate of interest remains the same during the entire duration of the payment period. Having low-interest rates helps you cut down on your medical expenses on a great scale.

Affordability

Short-Term: Short-term credit options usually come with higher monthly payments since a large amount is broken up into monthly payments that need to be paid over a short period of time. Paying higher monthly payments turns out to be a more expensive affair if you can’t afford it or are late on making the payments.

Long-Term Financing: Denefits partners with many healthcare providers to ensure that the medical services you get are affordable in a myriad of financial situations. With Denefits patient financing, the amount of your medical bill can be broken into easy and affordable monthly payments that can be paid in 24 or 48 months.

It’s always imperative to weigh your options when it comes to paying off your medical debt and choose the best possible route. Therefore, unless, your medical bill sums up to be less $200, you can always choose short-term credit to pay it. However, if you are undergoing a medical procedure or stuck in a medical emergency, choosing Denefits patient financing seems to be the right solution.

Source:https://denefits.tumblr.com/post/176312692799/long-term-financing-vs-short-term-care-credit

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Denefits For Dentists To Manage Patients And Grow Your Practice

Denefits for a dentist is a smart technology which is designed specially to create private dental plans for doctors. Here, you can experience a whole new dental market and dental patient financing is made easier. It is convenient to create and manage payment plans as well according to your own terms using this smart technology.

Denefits have many different features that help further in enhancing your business. Denefits Movement helps to cut the middle man from between. It also helps to connect with the patients that are interested in your services through the world's largest dental market place.

Now it is easy to access for your patients and from wherever they are. Your patients can log in and view their coverage, upgrade plans or add family members. Patients can see how much coverage they have used and what they have left. It becomes reliable this way as there is direct communication and there is no person on which you have to depend on. You can make any changes according to your requirements.

Visibility is important of all, work goes smoothly if you can see what you have done till now. The doctor can now Get a full overview of everything that is going on with your practice. Denefits gives you all the information you need all in one place. All the procedures that can create confusion are now saved in a standard format where you can make changes according to your ease.

If you have a full track of your work then it is easy to Keep track of numbers. You can easily access your monthly revenue, private dental plan subscribers, financed patient lists, missed payments, new referrals and more! In this way, it becomes more easy.

Create as many plans as you want. You can now create private plans according to your need and you can also create individual plans or small business plans. Whichever plan you don’t like you can deactivate old plans and adjust current plans. Here you can make any edits or changes according to the requirements.

Automatic recurring billing for your premiums and financed procedures straight to your bank account. No need to worry about things like a change of address changed CVC codes or changed expiration dates. All Major and minor details will be changeable. There will be no Automatic Recurring Revenue for your premiums and financed procedures straight to your bank account. There is no need to worry about things like a change of address, changed CVC codes or changed expiration dates.

A large amount of money can be divided into denefits. You will be able to get your payouts twice a month! We even provide a countdown of when the payout will be made! You will be aware about the money as to when the payouts need to be done.

Now Manage patient needs with the simple denefits customer relationship manager. You can Keep track of patient follow-ups. Compare private plans to make it easier for patients to choose what is best for them. Track calls and emails to patients! An overview is important for any practice CRM helps in knowing overall stability and maintenance

Increase your circle of references and get many references as now you will be able to refer your patients to the top specialists in the Denefits network. Specialists are hand chosen and the best in their field. So they will suggest the best out of all. Now get the best references for you for the best results.

Getting notifications from your doctor has Send emails that matter to the right patients. Track procedure history of all Denefits patients and send customized email marketing campaigns so that you can have gull knowledge reading what s happening overall in your work.

Denefits Software makes it simple for you to add your patients to your Affordable Dental Plans. You can even add family members of your patients and grow your revenue even more. Denefits is made in such a way so that it could simplify the work of the patient.

Having unique access for each patient is important once a patient signs up for your private plan, patients will be emailed an electronic ID card with new login information for patients. So that each patient can have their own identity and their own account to deal with. They will have their unique access to their own accounts in this way they will feel more important. This work is done very quickly so that the patient can have their own ID cards.

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