Featured Collections Articles

It is time for the 2012 DE/Levin Group Annual Practice Survey ...
... What is happening to collection rates? ... All DE/Levin Group 2012 Survey respondents can also sign up to receive Levin Group's Tip of the Day, a free educational ...

3 ways to succeed in the new economy - DentistryIQ
... will always experience some level of overdue collections. ... of unpaid revenue below 1%. Levin Group recommends ... fees, payment options, and collection procedures. ...

How to keep your hygiene room booked and productive - DentistryIQ
... it in your daily routine just as you do for collection calls or ... Dental Management, helps dental offices improve patient care, increase collections, and reduce ...

Do An Initial Exam Before Buying a Dental Practice - DentistryIQ
... by Barry F. Levin, Esq ... A production and collections report and a breakdown by each dentist and ... compare the aging report to the production/collection reports to ...

Over-the-counter collections: everything revolves around it ...
... Increasing your over-the-counter collections makes a huge difference in your ... costs because you will send out fewer statements, make fewer collection phone calls ...

Going chartless: breaking the process down into bite-sized pieces ...
... If not, the office collection system could use a re-assessment. ... Typical over-the-counter collections for a general practice should be between 30% and 40%. ...

Dental sales and collections: How your business office can ...
Dental sales and collections: How your business office can increase your revenue. ... collect the money and will have to turn over the account to a collection agency ...

7 simple steps to plan your way to profitability in 2012 ...
... Plug your numbers into the following formula: Production goal for each provider X Collection percentage = Projected collections. ...

Establishing Best Practices for Extending Credit in Today's ...
... with outside collection services for hard default situations provides up-to-the- minute status updates on where these accounts are in the collections process ...

Keeping Track of Daily Practice Numbers - DentistryIQ
... are told to keep overhead at a certain percentage of annual gross collections. ... On a daily basis, practices should run collection, production, and billed-to ...

5 more targets for a successful practice -- Part 2 - DentistryIQ
... Growing production is the best way to reduce overhead as a percentage of collection. ... Visit Levin Group’s Resource Center at www.levingroupgp.com for a wide ...

5 targets for a successful practice -- Part 1 - DentistryIQ
... about the dental profession to eliminate collection problems. ... tasks, such as scheduling and collections, to your ... Visit Levin Group’s Resource Center at www ...

Bringing synergy to the inner workings of your practice ...
... is to create a practice bonus system based on net production and collections. ... This may include the number of collection calls made by the financial coordinator ...

Levin Group debuts new ortho reference set - DentistryIQ
... To read more about Levin Group, go to Levin Group. The Total Ortho Reference Set is a comprehensive collection of orthodontic practice-management products ...

Modernize your collection system for maximum profit - DentistryIQ
... that will keep you in complete control of the collection process is ... Henry Schein Financial Services offers MaxCollect Patient Collections, which provides your ...

Sinking Your Teeth into an Associateship Arrangement - DentistryIQ
... by Barry F. Levin, Esq ... associate to be paid based upon actual collections instead of ... bonuses that are triggered by specific production/collection thresholds may ...

Motivation methods: Move your team to the next level - DentistryIQ
... Make sure your team isn’t bland — a collection of people who are too ... Adjusted production plus collections, add together and divide by two for the average. ...

6 steps to financial solvency in your dental practice ...
... A 98% collection rate should be maintained for treatment being performed currently. For practices accepting assignment, over-the-counter collections should ...

A different view of financing for your future - DentistryIQ
... the collection side of financing. What dental speakers should really be saying to you at dental seminars is that you are a better dentist than collections agent ...

RDH eVillage 2010 Salary Survey, Part 2: Hourly and daily rates ...
... for anesthetizing patients for the doctor,” “35% of collections, 1% on ... and “quarterly commission based on entire office's production and collection.”. ...

3 key elements to managing your patient's treatment plan ...
... With this in mind, treatment planning in the dental practice becomes not only a necessity for collections, but a legal issue if the chart is ever subpoenaed in ...

Quality Dental Plan launches new Online Member Resource Center ...
... Bonus Practice Management Documents: A library of general practice documents and correspondence, from aftercare instructions to collections and payment forms ...

3 ways to succeed in the new economy - DentistryIQ
... In a slow economy, it is more important than ever to collect money owed to the practice. Practices will always experience some level of overdue collections. ...