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5 Reasons to Involve Your Dental Patients in the Treatment Planning Process

Reasons to Involve Dental Patients in Treatment Planning - Infographic

Most dentists know that treating patients with respect is the key to making sure that they respect you in turn. This can extend beyond just the time they are in the exam chair – by keeping them informed throughout the long-term treatment planning process, you can help them get a better smile while also saving significant costs yourself. Here are five reasons why you should make your patients a part of the planning process.

1: It Sets Realistic Expectations

If your patient requires a lot of additional work or the treatment you have in mind is a multi-part process, it’s best to make sure that information is clear from day one. Involving the patient with the treatment planning process in this regard helps them understand the full scope of their treatment, so they aren’t expecting to be done after one or two visits when the problem might be larger than that.

2: You Can Gauge Your Patient’s Reaction

Patients might say they’re fine with something, but looking at their face can tell a different story. By going over the details of a dental plan in person, you get a chance to figure out how comfortable they are in given situations. This in turn allows you to adjust the plan with something they aren’t totally comfortable with, suggesting alternatives if necessary.

3: You Can Answer Questions Efficiently

Previewing a detailed dental plan with your patients is a good way to make sure they have an immediate opportunity to ask you questions that come to mind. You won’t get all of their questions up front, but you will be able to make sure you have a good idea of where their issues and concerns lie. You can direct them to additional information or provide them with step-by-step guidance should more issues arise.

4: You Have More Flexibility if Complications Arise

It’s important to note that making a dental treatment plan doesn’t mean that you are locked into that plan. Going over the plan with your patient can help reinforce that fact to them. You can detail what the expected treatment is and also line up options should unexpected complications come up. This helps to greatly reduce uncertainty in the treatment and care process.

5: Payment Becomes Easier

The treatment plan gives you a chance to review not only the medical side of things, but also the financial side. By going over the costs for planned procedures, you can allow a patient to budget for upcoming expenses properly. If it doesn’t look like they’ll be able to easily afford the procedures, credit programs like SimplePay offer a no-credit check, 0% interest financing program that ensures the patient will be able to cover the procedure and you will get paid.

Planning the dental treatment process with your patient benefits everybody. It is the best way to go if you want results which are efficient, predictable, and effective. This way, you can adjust for any surprises and make sure that everybody is treated fairly.

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How to Afford Dental Implants

How to Afford Dental Implants - Infographic

Dental implants are a great way to keep your smile looking its best even if you need major work done. They provide all the convenience of real teeth without any of the problems suffered by dentures and other replacements. However, all of these benefits come with a cost, and sometimes that cost can be too high for people’s liking. If you need dental implants but the cost scares you, here are some suggestions that can help make the procedure much more affordable.

Find a Good Financing Program

Even if you have poor credit or no credit, financing options like SimplePay allow you to get the money you need without a credit check and with no interest rates to worry about. All you need for this option is a social security number, valid ID, active checking account, and proof of income. Financing options like these can turn a big bill into a series of smaller, more manageable payments. In doing so, they can also make sure that you retain financial flexibility along with a perfect smile.

Explore Your Insurance Options

Most insurance plans won’t cover the full cost of dental implants, but that doesn’t mean you don’t have options. Check to see if you can switch to a high-end plan that covers more of the cost of the procedure and implants. Even if you don’t you can work with your dentist to schedule the multiple procedures needed close to the end of your plan’s year. This allows you to use one year’s limit for the initial costs, then gives you your full limit back for procedures after the new year begins.

Ask About Package Options

If you need multiple implants, you should ask your dentist if it is possible to handle them all as part of the same procedure. Many dental offices provide reduced rates for patients who need multiple high-cost procedures. Additionally, this means less time spent in the dentist’s chair, since a single surgery can cover numerous aspects of the process instead of requiring that you go through the same procedure multiple times.

Make a Plan with Your Dentist

One of the most important things that you can do in order to afford dental implants is to make a plan with your dentist. In most cases, your doctor will sit down with you and go over the details of the different procedures and processes, giving you a feel for what you need and what is to come. This can be very helpful when it comes to figuring out the cost, because it allows you to see a breakdown of how the final dollar amount comes to be. It also gives you a chance to identify possible savings or eliminate optional treatments that you can’t afford.

With some planning and knowledge, you can make dental implants affordable even if you don’t have much disposable income. After reducing the costs as much as possible, going for a convenient financing option like SimplePay can make a financial nightmare turn into a series of easy payments that work for you.

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4 Ways You Can Minimize Expenses in Your Dental Practice

4 Ways You Can Minimize Expenses in Your Dental Practice - Infographic

A busy dental practice can have a lot of running expenses that take their toll on your bottom line. Luckily, there are a few ways that you can reduce your overall expenses without having to sacrifice quality and efficiency in your work. Streamlining the expense process and making payments easier for your customers are a great place to start. Here are four simply ways that you can cut down on expenses in your practice.

1: No Credit Check Financing

Because dental fees tend to be high, running a credit check on new customers is often a necessity, especially if they aren’t covered through work. This takes both time and money to do and may result in some potential patients taking their business elsewhere. Going with a no credit check financing option like SimplePay cuts down on these fees while still guaranteeing that you receive the payment that you are owed. This is also a help to your patients, because they know they can get the care they need regardless of their current financial situation.

2: Evaluate Your Staff

A good staff is essential to any dental practice. While you should ensure that your staff is well-compensated for any work they do, you should also make sure you are getting your money’s worth. This means evaluating everybody on your staff and making sure that you don’t have any redundant tasks that get repeated needlessly by multiple employees. It also means ensuring that you provide raises and perks for good service to the practice, rather than just handing them out because another year has passed. Ideally, your staff should be well-compensated because they are excellent at their jobs.

3: Consolidate Your Suppliers

Dental practices require lots of tools and supplies, running the full milieu from extraction equipment to common office supplies. Because of the diverse needs that an office has, many people make the mistake of seeking out the lowest prices on individual items and ordering from many different suppliers. Going with a smaller number of suppliers can provide discounts on large orders and can help develop a rapport with your suppliers, cutting costs in the long run.

4: Look into New Labs

Lab results are a considerable but necessary cost. However, that doesn’t mean you should always stand pat with the lab you are currently using. You should constantly keep an open mind and an active search going for new labs that offer better deals for the same results you are currently getting. Very often, you can find that by occasionally switching to a less expensive lab, you can save a significant amount of money while still providing the best results possible for your patients.

A lot of cutting costs in a dental practice boils down to examining what you are currently doing and looking into alternatives. When it comes to providing credit for your customers, no credit check financing is a solid way to benefit both you and your clients, which is why it ranks at the top of this list.

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Make Sure You Don’t Undercharge: A Simple Formula To Set Your Dental Procedures Cost

Simple Formula To Set Your Dental Procedures Cost - Infographic

Determining the cost to charge patients for dental procedures can be a challenging process because there is so much variance from state to state and from office to office. Luckily, there are certain ways that you can calculate your actual dental costs and then set your prices in a manner that is fair to customers while still netting you a profit. The procedure to calculate these dental costs is below.

Determine the Per-Procedure Cost

The first step to figuring out your dental procedures cost is to calculate the total for how your office has to pay for each procedure. This is more than just a matter of figuring out items like dental tools and waste disposal. It needs to also include the expected time of each procedure and how many members of your staff need to be engaged in order for that procedure. You should come up with a per-person hourly rate and apply that when determining the cost of labor. This will give you a rough estimate as to how much your time and the time of each of your employees, up to and including receptionists and administrative staff, really amounts to.

Determine the Cost of Doing Business

Once you have your per-procedure cost set, you need to consider the cost of doing business on a daily basis. How much does leasing your office space cost? What is the cost of the electric bill? What about office and waiting room supplies? These can sometimes be considered hidden costs because they don’t pertain directly to a specific procedure, but they are essential for the office to function at all. While doing this, you should also look into ways to reduce your costs. For example, you can eliminate the charge on credit checks and financing by using SimplePay, which gives your patients an easy way to finance their treatment without requiring you to pay any of the costs to set up a line of credit.

Decide on Your Profit Margin

Businesses, even ones that provide essential medical treatment, operate in order to turn a profit. Your dental office needs to function in the same manner if you expect to remain in business for long. When you have worked out an hourly rate per procedure and figured out what each hour of operation costs you in your office, you have a baseline price for a given procedure. This is the amount that, if you were to charge it, would pay for the essentials of the procedure and nothing else. From there, you can determine how much of a profit you should add to that total. This number is largely set by the competition in your area, but should also take into account the frequency with which your office performs a procedure and the overall level of expertise you have to offer.

The formula to set up a good cost schedule for dental procedures comes down to your tools + staff + cost of doing business + desired level of profit. This can change based on your area of operation and the competition around you, but it serves as a good baseline to begin from.

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SimplePay is a no-credit check, 0% interest financing program that approves all your patients. Get your patient’s treatment financed in 15 minutes and start growing your revenues immediately.