The Hidden Benefits of Third-Party Financing
Increasing case acceptance is essential to any dental practice’s success. Third-party financing can be a valuable resource for your patients in moving forward with treatment and an effective tool for any dental practice.
The benefits of using third-party financing for a dental practice are simple:
1. Funds become available quickly.
2. The dental team is not managing outstanding balances and operating as a collection agency.
3. Satisfied patients can afford treatment because you have provided them with another option.
The downside for an office is that patients cannot qualify, and there is often a nominal fee associated with using that service.
Maximizing your third-party financing options includes not only being able to offer interest-free plans but understanding the benefits of offering extended interest plans to your patients. Extended interest plans often come with a lower percentage fee for an office to provide that option compared to traditional interest-free plans.
Schedule training with your third-party financing partners like CareCredit, Wells Fargo Patient Financing, Proceed Finance, Dext, Lending Tree, etc. (FYI, there are many options), to understand the patient tools that they offer and the extent of their plans so that you can make a decision that is best for your patients and will benefit your practice.
Increasing case acceptance can be impacted by the financial options that you offer. Knowing what is available and communicating with your patients about this can be instrumental in improving your patient experience and improving your case acceptance.
Register Now for Live Training
Our Live Practical Course is available to all Vivos VIPs who have completed Sessions 1–3 virtually. This is a hands-on course where you will review everything learned from Sessions 1–3 and go through the record process as a patient and take the records as the doctor. You will also get hands-on training with Vivos guides and the DNA/mRNA appliances.
Get Your Cases in Before the End of the Year!
Lab Holiday Schedule/Closures 2021
Aurum
12/27/21, 12/31/21
No cutoff date. Lab tries to get every appliance out the door before the end of the year.
JDL
12/27/21–12/31/21
(return on 1/3)
Cutoff for fabrication of new appliances is 12/13/21 in order for the lab to get the appliance out before the end of the year.
5 Star
12/23/21–12/24/21,
12/31/21
Cutoff for fabrication of new appliances is 12/13/21 in order for the lab to get the appliance out before the end of the year.
Apex
12/24/21
Cutoff for fabrication of new appliances is 12/8/21 in order for the lab to get the appliance out before the end of the year.
Gergens
Cutoff for fabrication of new appliances is 12/1/21 in order for the lab to get the appliance out before the end of the year.
SML
12/24/21
Cutoff for fabrication of new appliances is 12/3/21 in order for the lab to get the appliance out before the end of the year.
STAA
Closure dates TBA
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Exciting Webinars This Week!
Join us for these educational and interactive webinars hosted by the Practice Advisory team!
What’s New with BIS
Check out vivosbis.com to see what our packages include!
Not only will you receive BIS, but all of your packages also come with our new cloud-based software: AireO2. You can utilize all medical forms electronically and send patient forms directly to your patients to fill out before they even step in the door.
Get $300 off set-up costs with BIS through the rest of the year! Use the coupon code SilverVIP, GoldVIP, or PlatinumVIP based on the package you choose.
As always, reach out to medicalbilling@vivoslife.com to schedule an AireO2 demo today and learn more about BIS!
Did you know?
Tools, assets, and marketing materials are available to you!
Simply click on the Marketing Materials portal in your Aire account to order materials for your practice! You can access brochures, folders, banners, articles, and more.
