Master The ‘Fourth C’ of the Successful Dental Practice
I recently had the distinct pleasure of hosting two experts in the field of accelerated collections and professional cash flow management.
The presentation, entitled Strategies in Debt Recovery – Proven methods to maximize patient collections and reduce cost & overhead, offered attendees a singular opportunity to learn about these two critical disciplines, as well as how doing so serves to boost both dental team efficiency and morale by automating challenging systems while also boosting practice profitability
The Consumer Financial Protection Bureau (CRPB) holds dental practice owners accountable for the actions of third-party service providers. Consumers have filed more complaints with the CFPB against collection agencies than any other business, product or service!
In the face of increasing regulatory complexity and enforcement, one ignores compliance risk at one’s own peril.
Topics covered included:
- How to collect more money and increase cash flow with less effort
- The Keys to maintaining diplomacy with patients during the collections process
- How to automatically identify overdue accounts for follow-up
- How to launch a flexible collection program, which allows dental practice owners to modulate how assertive an approach to take and
- Ways to validate if your practice management system is compatible with effective cash flow management.
David Wiener (aka “Mr. Cash Flow”), is the CEO of Cash Flow Strategies, Inc. David has assisted practices and businesses across the US to maximize their cash flow. Since 2008, he has also provided practices a unique service designed to automate and streamline their accounts receivable follow-up and collections.
Felton Lewis is Founder of Lab References, a Disabled Veteran Owned Business. Lab References Advisory Group partners with businesses of all sizes to accelerate the recovery of past due collections.
These presenters proved themselves to be uniquely positioned to offer dental practices insight into the ‘fourth C’ of the
Owing to the number of questions asked by attendees, the webcast ran for the entire ninety minutes. As usual, attendees received the opportunity to gain one and a half hours of PACE Approved continuing education credit.
by Daniel A. ‘Danny’ Bobrow
Aim for practice success today.
Complete the form below or
Many thanks to my good friend and co-founder of www.IgniteDA.net Kevin Henry for inviting me to speak with dental assistants about how to: Improve Your Patient’s Outcomes and Your Practice Income! I was asked to speak about the dental assistant’s role in marketing the...
Epigenetic Orthodontics – Gene-Derived Facial & Dental Aesthetics, is the topic of a presentation delivered by Dr. Martha Cortés that I was honored to host at www.PracticePerfection.com. Dr. Cortes is a general and cosmetic dentist, as well as one of the very...
This installment in the PracticePerfection web-based educational series featured Dr. Stephen Abrams whose presentation was entitled Caries Detection: Earlier Is Better. Dr. Abrams is President and co-founder of Quantum Dental Technologies, which has developed the...
If you’re like most dentists, you went into dentistry to focus on people’s teeth, not marketing your business. And yet, these two things go hand-in-hand. My team at ADM and I have been at this for a long time, but when you’re just starting out, we know all the...