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Practice Finance

4 Ways to Increase Case Acceptance & Practice Efficiencies

Patterson Dental Patterson DentalAugust 15, 2024August 15, 2024

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Cost limitations can be a big barrier to patients’ acceptance of dental care treatments. Imagine a single, comprehensive financing option that makes dental care more accessible for everyone and makes life easier for your dental office team.

Patterson CarePay+ is a streamlined, intuitive tool that equips dental practices with patient-friendly financing, flexible payment terms, and service discounts. These comprehensive financial tools provide patients with resources to achieve optimal oral care and unlock fantastic provider advantages. Let’s discuss some of the possibilities at your fingertips.

1. Quick and Confidential Patient Financing Applications

When patients can quickly and easily access financial options, they are more likely to accept the care they need without delay. CarePay+ offers a patient-led application process, removing any uncomfortable financial conversations, which your team will appreciate. With financing approvals provided within minutes, patients have eliminated a barrier to getting the care they need and deserve. Agreeable financial terms translate into higher case acceptance rates, enabling your office to provide more patients with optimal oral care.

2. Reduce Insurance Dependency and Inefficiencies

Insurance doesn’t cover everything. Each year, declining reimbursement rates do not adequately cover service costs. CarePay+ helps reduce your practice’s reliance on insurance providers by offering cost-effective options for uncovered and out-of-pocket expenses. Over time, making these out-of-pocket payments renders treatment more affordable for many.

3. Build a Revenue Stream

Practices using CarePay+ have seen a strong increase in case acceptance rates. This boost in case acceptance enhances revenue, improves cash flow, and reduces unpaid balances and delayed payments. Additionally, CarePay+ provides helpful analytics on usage, supporting financial stability and opportunities for future investment in your practice.

4. Make Payments Easy

More incoming revenue means an increase in collecting payments efficiently. CarePay+ integrates various payment options, from card processing to touchless payments, in a straightforward tool that connects with your practice management system. Integrated with Eaglesoft, your practice can unlock efficiencies like automated patient account updates, streamlined billing and invoicing, adjudicated claims, and payment tracking. Simple to use, fewer errors and no extra administrative burden gives back time to see more patients.

CarePay+ allows your team to focus on delivering exceptional care while maintaining smooth financial operations. This all-in-one solution saves time and money, improves workflows, and provides patients with a path to treatment without compromising their financial wellness. Ready to let CarePay+ unlock your revenue potential, reduce your office workload and boost your case acceptance rate?

Visit our website to learn more or schedule a demo today.

Patterson Dental

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Patterson Dental

At Patterson Dental, we are committed to partnering with dental practices of all sizes to help oral health professionals practice extraordinary dentistry. We do this by living up to our promise of Trusted Expertise, Unrivaled Support every day.
https://www.pattersondental.com/
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