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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!
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Why Dental Membership Plans Are NOT Only for Low-Income Patients
Are You Asking the Right Questions While Interviewing?
Top Innovations in Dental Software? A Deep Dive into Powerful Yapi Tools
How to Get Patients on Board with Your New Membership Plan!
Tips to Becoming a Dental Ringmaster
Longevity and Vitality: Investing in Whole Foods for Complete Wellness, with Dr. Uche Odiatu
Creating a Productive and Stress-Free Schedule
Are You Doing "Performance Reviews" the Right Way?
The Best Patient Communication Strategy: Boosting Your Membership Plans
Screen Time in the Workplace
Mealtime Matters: Navigating Lunch Meetings and Compensation
Cutting Through the Noise: Real SEO Strategies for Your Practice
How Can We Achieve a Stress-Free Schedule in Our Practice?
Should I Have My Hygienist Clock Out for No-Shows?
Breaking Down the Decline of New Patients: Causes and Solutions
The Power of a Well-Managed Website for Dentists
The Treatment Coordinator Advantage: A Critical Role for Practice Success
What is My Front Desk Team Doing All Day? Part 2
What is My Front Desk Team Doing All Day? Part 1
What Do I Say When Patients Say “I Don’t Want X-Rays Done”
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