#121 Three Ways To Increase Cash Flow in Your Dental Practice
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Show Notes
Hey there, friends! Today, I want to dive into a critical topic for dental practices—how to boost your cash flow. The reason I’m bringing this up is that I’ve had my fourth call this year from a dental practice where the doctor isn’t getting paid. Just last week, I got a call from a doctor’s wife. She was at home, juggling four kids, and trying to help with the practice’s accounts receivable because they were struggling so much that her husband wasn’t going to receive a paycheck. It’s a situation that no practice owner should ever be in. The person who’s dedicated their life to caring for patients shouldn’t be the one left without pay. It’s simply unacceptable. Chapters: 00:00 Introduction: Concerns about Doctors Not Receiving Paychecks 03:20 Chapter 1: Collecting Money on the Day of Service 07:09 Chapter 2: Improving Cash Flow with Daily Billing Statements 11:29 Chapter 3: Getting Paid Faster with Electronic Claims Book a call with Dayna: https://calendly.com/dayna-johnson/discovery-call Download free tip sheet: https://membership.novonee.com/increase-cash-flow
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