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Do What You Love to Do! Find Someone to Pay You for Doing It! Never Work Another Day in Your Life!

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By Doug Graham with a special thanks and help from Confucius, Harvey MacKay, Transworld Systems, and you.

Published in: Economy & Finance
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Transcript of "Do What You Love to Do! Find Someone to Pay You for Doing It! Never Work Another Day in Your Life!"

  1. 1. “Dentist Do What They Love to Do and Never Need Work Another Day in Their Lives! If They Remember That Their Practice is a Business and Have the Right Team to Succeed.”Ask yourself: “How do you deal with your patients, who pay their bills late or not at all?” 1) Have a defined credit policy in place and use it period, your practice is a business; if you what to do dentistry for free, please handle it correctly on the books. 2) Invoice promptly and send statements regularly; admit and correct any mistakes on your part, so as to not give anyone more reasons to not pay. 3) Always use “Address Service Requested” on your business envelopes, the Post Office will help you locate the patients who have moved; if they can find them, they will send you the correct address Form #3547 for a small fee. This will also help your practice’s address file up to date. 4) Contact overdue accounts more often, remember the old adage “The squeaky wheel gets the grease;” follow the collection laws in your state, in many states businesses are governed by the same collection laws as are collection agencies. 5) Please use your aging sheet not your heart to collect your fees from patients and your money from the insurance companies, it is a business; make sure your staff is trained correctly and that they follow your business procedures. 6) Use a third party earlier, the professionals collectors; free up your staff to do the things you hire them to do, it was not to do collections they have not been trained. Remember no one collects every single one.By Doug Graham with a special thanks and help from Confucius, Harvey MacKay, Transworld Systems, and you.Doug Graham is your CASH FLOW SPECIALIST, working in the field of dentistry throughout the USA; here you will find his contactinformation: P.O. Box 276, Cambria, CA 93428-0276 secure mailing, doug.graham@transworldsystems.com email, 805-540-8868cell number, or 805-458-1074 direct telephone http://web.transworldsystems.com/douggraham/ ,websitehttp://www.youtube.com/watch?v=o1cm5lavr0M ,dental testimonial, http://www.linkedin.com/in/douglassgraham , LinkedIn. copyright January 31, 2013

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