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 |
|
|