Transforming Accounts Receivable into Cold, Hard Cash for Your Practice

Dental Drills Bits

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1y ago 27:53

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On this week's Dental Drill Bits episode we're uncovering the crucial topic of turning your accounts receivable into actual cash.

Join us while we discover the key strategies to boost your practice's cash flow, such as aiming to collect 40% to 45% of payments over the counter when patients are in your practice. Learn the important distinction between financial arrangements and treatment plans, and how a knowledgeable team that is comfortable discussing finances can make a significant difference. We discuss why it's so important to regularly pull reports for your practice's financials and accounts receivable, and explore the benefits of implementing a clear financial policy to eliminate decision fatigue among your team members.

Tune in now to maximize your practice's financial success!

172 episoade