Monday, June 15, 2009

How Third-Party Financing Builds Patient Trust

Third-party patient financing is a great way to help more patients afford treatment, but it’s much more than just that…

According to a recent study by CareCredit and the Academy of Dental CPA’s (ADCPA), 73% of patients indicated that the availability of no-interest financing increased their sense that the dental office was looking out for their best interests.

When patients understand that your practice is looking out for their well-being, two things happen…
  • They gain trust for your practice
  • They are significantly more willing to accept treatment
Is your practice offering no-interest patient financing? If not, it’s a phenomenal tool to show patients that your practice cares about their well-being. It is also critical to increasing production in a tough economy.

To review this study, click here.