Dentists Collect

Professional Dental Debt Collections for Dentists.

How A Dental Collection Agency Can Help You Grow Your Practice

Developing a strong dental practice that is capable of expansion requires you to have a consistent stream of income. Moreover, you need the ability to reserve your trained, in-office talent for duties that lie outside of collections. These professionals will have the best ability to support your practice, your patients and your professional efforts, when they are not spending the majority of their time chasing after late payments. For these and other reasons, you may want to align yourself with a reputable dental collection agency.

Dental Collection Agency

Dental Collection Agency
Dental offices can be hectic environments, especially those that are willing to offer emergency treatments to clients who are in dire need of assistance. Dental collection agencies are staffed by seasoned professionals who understand the nature and nuances of your industry. Their sole purpose is to collect on behalf of growing practices and thus, they don’t have to work around other responsibilities. While your staff is providing support to your office, you can count on your provider to pursue the money that is owed to you. It is also important to note that all collection efforts are performed in full compliance with all industry requirements and standards.

A Firm Yet Professional Approach

The manner in which monies are collected on behalf of your practice is also a critical factor to consider. Aggressive, unethical collection efforts can cause more harm than good. Like all other businesses, dental practices have to recognize their existing patients as being among their most valuable assets. It takes more time, effort and money to find and convert new patients than it takes to maintain good relationships with the patients you already have. Thus, you don’t want to align yourself with a dental collection agency who do not have industry-specific experience and who won’t keep your long-term goals for reputation management and growth in mind.

The best collection companies always use the PHD collection philosophy, which is aimed at preserving human dignity. Although this approach is firm, it also ensures that your existing patients will remain comfortable in using your business and confident in the services you supply. While many patients are simply interested in making feasible payment arrangements that they can actually manage, aggressive dental collection agency tactics can drive these people off. With the right approach, a dental collection agency will not only help you claim the monies that you’ve earned, but they will also ensure that you retain clients and continue to receive good word of mouth advertising from these individuals in the process.

Specialization Allows For A Positive Return On Your Investment

Working with a dental collection agency is also the surest way to start getting positive returns on the investments that you are making in collections. Many professionals in the dental industry have a hard time tracking exactly how much they are spending on these efforts and what their spending is producing in terms of overall returns. With a dental collection agency, you will have a clear understanding of what your ROI is at all times. Moreover, your provider will be result-oriented throughout the lifetime of this relationship and this means that you’ll be able to see a marked and rapid improvement in the amount of money that your practice is collecting. Working with these companies is far different from having members of your office team connect with your patients and pursue payments on your behalf. Not only will your providers prove far more effective given their specialization in this area, but they will also conduct their affairs with the reputation and well-being of your practice in mind at all times.

Get Aligned With Professionals Who Have The Same Vision For Your Practice

Dental Collection Agency

At the end of the day, dental health professionals simply want their practices to succeed. By opting to use a dental collection agency, you will be aligning yourself with people who have the same goals and vision for your business. Your provider will be driven to help you improve your bottom line so that you have more capital to invest in your business and a greater opportunity to enhance your work space and your services. Outsourcing these efforts is the best way to ensure that you get the results you really want. With seasoned professionals at the helm of your collection efforts, you can start moving closer to your short and long-term goals for your practice.

Ready to find the right dental collection agency?

Save time, money and aggravation by hiring a professional who can help you collect some (or all) of your outstanding revenue.

Click the button below and get a free dental collection agency quote today. After all, you can keep doing what you’re doing (and hope for a different result), or you can work with a collection agency that can help you recover what’s rightfully yours.

Get a Free Quote Today

How Dental Debt Collection Can Increase Your Practice’s Revenue

Dental debt collection agencies are businesses that specialize in obtaining payments owed by people or organizations. Collection agencies can be a very useful and they can greatly improve the financial situation of your practice. Having many debts piling up can be damaging to a practice’s cashflow and difficult to overcome. Dental administrators know how frustrating this can be, especially when you also have to deal with other important activities.

Dental Debt Collection

Dental Debt CollectionAttempting to successfully balance both your patient’s care as well as collecting debts from them can seem almost impossible. This is why outsourcing a dental collection agency is a more efficient method.

There are a long list of reasons why dealing with unpaid accounts can be a most unpleasant task for dental office staff and everyone else involved. For example, some patients give incorrect information, which makes it difficult to track them down, they may move, their checks may bounce and your phone calls, emails and letter may go unanswered. You may feel like trying to obtain your own money is actually costing you additional fees.

Many failed efforts may have led you to understand that attempting to deal with patient debts internally, may not be the most efficient approach. Dental debt collection agencies know that one of the main reasons why dental bills have such high debt rates is because failure to pay does not usually result in immediate and harsh consequences. For example, not paying your utility bills can result in your electricity being shut off, your phone service being disconnected, water being shut off etc. Likewise failure to pay off car debts can result in repossession. However this is not the case with medical and dental bills. This means your patient may decide to take their chances and put off paying your fees and use their money to pay what they consider to be a “higher priority” bill.

Debt collection agencies can help you deal the struggle and frustrations of dealing with patients who use this logic. Allowing your patients to have credit and other payment options should not cause you financial strain, uncertainty or instability in your practice. It should never jeopardize all that you have worked for and achieved. This is why dental debt collection agencies aim to allow you to focus on your specialty without having to deal with the worry of collecting debts. It is good to know that simply having a medical debt collection agency on your side can motivate patients to pay on time. They know that you deserve to be paid on time, because unpaid bills can impact the lives of both you and your staff.

If you are apprehensive about going after your unpaid debts because you are afraid that in doing so you will lose your patients, then using a dental debt collection agency is definitely the way to solve this. All debts are collected professionally and respectfully. They are collected in such a way that you are able to keep your patients while still maximizing your profits. Since dent debt collection agencies operate as third parties, they can call and contact patients on your behalf without having you directly involved in the process. Your customers can be held accountable for their debts in a respectful and dignified manner, while still upholding them to legal standards. They can also be penalized for extremely late payments or overall non payments.

Dental Debt Collection

The cost of collecting debts may vary depending on many factors such as the amount of accounts that are submitted, the age and size of the to be collected. However fees are usually collected from a percentage of debts collected.

Dental debt ollection agencies are also skilled in skip tracing. This means they can locate previous patient debtors who have moved far away to avoid dealing with payments. They can also track down patients who initially provided incorrect information so as to avoid paying bills. This is useful for dealing with scammers with no intent to pay.

As long as you agree that you have the right to be paid in a timely manner, without stress and time consuming methods, then you should consider a dental debt collection agency. They are much more efficient and easier than anything that can be accomplished internally. Ease the financial strain of your business and request a dental collection agency quote as soon as possible.

Ready to find the right dental debt collection agency?

Save time, money and aggravation by hiring a professional who can help you collect some (or all) of your outstanding revenue.

Click the button below and get a free dental debt collection quote today. After all, you can keep doing what you’re doing (and hope for a different result), or you can work with a collection agency that can help you recover what’s rightfully yours.

Get a Free Quote Today