Although collecting payment from delinquent patients may be uncomfortable, it is a necessary part of keeping a practice healthy. This paper examines trends in accounts receivable and how accounts receivable balances have changed since 2011.
As attracting new patients and keeping the current active patient base robust is imperative for the financial health of the practice, dentists need to know their patient numbers and how those numbers compare to national averages.
Seasonality trends are something most dentists experience, and deciding how your practice will deal with the highs and lows is important to keeping your practice healthy. Here are five tips on how to manage seasonality in your practice.