In today’s economy, more patients than ever before are seeking affordable ways to receive the care they want and need. The number of cash paying patients has declined, banks have tightened their lending standards to the point where many patients no longer qualify for financing and insurance typically will not be enough.
1. Let patients walk out the door, resulting in a significant loss of income
Patients leaving with undone treatment results in a decrease in patient satisfaction and over time becomes a significant loss of income.
2. Extend short term payment options—conventional in-house financing
This limits how far you can extend terms resulting in many who cannot afford the monthly payment. Patients making payments to your practice also results in a high-risk of late & defaulting payments.
With Comprehensive Finance, you now have the means to make your treatments and procedures more affordable to the average budget without discounting your fees; enabling you to help more patients than ever before while also increasing your profitability per procedure with minimal risk.