Are you currently requiring auto-drafts from patients choosing your in-office payment plan? |
62 total votes |
|
35% |
a. Yes |
|
65% |
b. No |
|
|
Do you ever extend payment plans beyond treatment time? |
56 total votes |
|
11% |
a. Often |
|
71% |
b. Sometimes |
|
18% |
c. Never |
|
|
Do you pull a credit report to determine risk before offering a payment plan? |
56 total votes |
|
18% |
a. Often |
|
13% |
b. Sometimes |
|
70% |
c. Never |
|
|
Do you offer third-party financing? |
56 total votes |
|
84% |
a. Yes |
|
16% |
b. No |
|
|
What percentage of your patients choose third-party financing? |
54 total votes |
|
80% |
a. 1-25 percent |
|
4% |
b. 26-50 percent |
|
0% |
c. 51-75 percent |
|
4% |
d. 76-100 percent |
|
13% |
e. We do not offer third-party financing |
|
|
How would you prefer to receive your payment? |
56 total votes |
|
36% |
Receive the full payment at the beginning of the ortho treatment via an outside patient financing program. |
|
64% |
Receive payments from the patient/guardian spread over 18 months. |
|
|
Do you have online payments available for your patients? |
56 total votes |
|
39% |
a. Yes |
|
61% |
b. No |
|
|
What amount is the down payment you currently request? |
55 total votes |
|
0% |
a. None |
|
4% |
b. One to four percent |
|
13% |
c. Five to seven percent |
|
84% |
d. Eight percent or more |
|
|
Have your patients ever delayed the start of treatment because they couldn’t immediately pay cash for the down payment? |
55 total votes |
|
96% |
a. Yes |
|
4% |
b. No |
|
|
How long are you willing to extend in-house financing to your patients? |
56 total votes |
|
4% |
a. Up to 6 months |
|
2% |
b. Up to 12 months |
|
11% |
c. Up to 18 months |
|
55% |
d. Up to 24 months |
|
29% |
e. More than 24 months |
|
|
In the next 12 months, how do you see your use of third-party patient financing? |
56 total votes |
|
32% |
a. Increasing |
|
4% |
b. Decreasing |
|
64% |
c. Staying the same |
|
|