President at ePaymentSystems, Inc. - Revenue Management Solutions for Today's Dental Practice - Austin, TX, US
Point of care payments, including credit and debit card payments and third-party patient financing, and the postal mail statement are still the cornerstones of managing patient responsibility revenue in most dental practices. Two enhancements to traditional payment methods, however, can increase your practice revenue:***A fully-secured, upfront-funded credit card payment plan can improve your pre-procedure payments.***A robust patient accounts receivable system can improve your post-procedure collections.Both of these enhancements to your traditional practice systems will increase your revenue, are very cost-effective and can be easily implemented and used by existing staff. These enhancements don't require the abandonment of your current legacy systems, and they create a happier and more productive staff. And the patient experience is also improved.Most dental practices have hidden revenue leaks that can be easily plugged, resulting in a more profitable practice.