Ever run into this problem?
A patient comes into your office with a major tooth ache. Within minutes you know they need a procedure done. Problem is… the procedure is a bit on the expensive side.
You explain the situation to your patient, and the patient agrees, they WANT the treatment… But simply can’t afford the cost.
So they ask you to do the minimal amount to make the pain go away. Of course, within a few months, they will be back sitting in the chair right where they started.
The truth of the matter is, as a dentist you provide services that can change a patient’s lives, but that doesn’t always come cheap.
Fortunately, there are some alternatives out there today that allow you to provide the care you recommend while not forcing the patient into financial ruin.
How? By providing quality patient financing.
The keyword there is quality.
Of course, there are a few bad apples in the financial space who offer those in need predatory interest rates, but with today’s technology and information at hand, there ARE options and services that aim to create win-win- situations for all those involved.
The lenders can make money, you generate more revenue for your practice, and the patient gets the service they deserve.
Today’s guests Brad Bailor and Dave Roehr of Proceed Finance have a very interesting background and I think you’ll find their view of patient financings interesting, even if you don’t plan to offer patient financing.