Financial Consultancy for Orthodontic Practices

One area where many businesses struggle is financial management, and orthodontic practices are no exception. Dr. Stosich will help you evaluate your current accounting systems, collection procedures, contracts, and more to ensure you are maximizing profits and tightening up any weak links in your financial management.

One area where many orthodontic practices struggle is in collections. Our experts can help train you and your financial staff on how to ensure patients properly understand your fees and financial policies and help you create clear guidelines and protocols on how to collect the fees your clinic is due in an ideal time frame. We can help you formulate payment plan guidelines that will ensure treatment is affordable for patients, and that payment is made in a timely and efficient manner.

Another area that can negatively affect clinic cash flow is insurance billing. This is due to many reasons – poorly trained staff members, insurance code changes and updates, dental/medical cross coding, and ineligibility. Dr. Stosich understands the complexities of insurance billing and can ensure that you and your finance team members do, as well. We can analyze your current systems and protocols, and then evaluate where additional training is needed to implement programs to effectively manage your insurance billing.