One-Day Rule – Contact parents when their account is one day overdue. Many people are financially stressed these days. So, before they incur fees, tell them about their payment options. This will make collection easier. If someone’s account is past due, contact that parent the very next day to collect. Your pedo practice can’t afford to let collections get out of hand. Be aware that the longer payment is overdue, the less likely the practice will be paid.

Free E-book: Make your voice heard in this year’s Dental Economics / Levin Group Annual Practice Survey. Complete the survey and receive a free digital download of Dr. Levin’s e-book, 7 Myths of Dental Practice Success. To take the brief survey, click here.