INCREASING CASE ACCEPTANCE is one of the keys to running a productive and profitable practice. One way you can greatly improve case acceptance is by offering affordable financing options to put proper care and treatment within reach of every patient.
You create the ultimate win-win situation. The patient receives the necessary care at a cost that suits his or her budget, and you retain a satisfied customer who will be happy to refer others to you.
There are four types of patient financing programs available today, and these are the key differentiators between them:
• Liability for nonpayment
• Timing of payment(s)
• Interest earned
• Responsibility for ensuring legal and regulatory