Collecting Bad Debt

The dental business realies on a steady and healthy flow of income to remain solvent.  Most dental practices and most dentists refer to monies owed as "Accounts Receivable" and seldom do much beyond a collection-lawcollection company to collect from folks that refuse to pay.  For most dental practices, this bad debt accumulates over time, and many practices chose to "write-off" accounts after a certain period of time.  

In a start up or even in a well established practice,  lackluster collection practices can mean the difference between profitability and net losses. There are a number of things you can do before sending an invoice, in order to increase your chances of being paid. Your staff must follow basic protocols (which should be a part of your procedure manuals) from the onset.  In the event that the debt stays on the books for a long period of time, you must have a way to collect the funds quickly without sacrificing the relationships you have built with the patient.  

The lawyers at Dever Law Firm work with Dentists to limit their monthly and annual AR and proactively identify and make sure accounts are paid in full.  To schedule a confidential consultation, contact the dental lawyers at Dever Law Firm at  (513) 823-2112  or toll free  (877) 464-5297.