In our last update, we reported seeing an increase in new patient accounts as States slowly started encouraging businesses to reopen. Since then, business has been soaring, and it is encouraging to see how quickly the situation has changed for many of our practices.
The national shutdown has been an effort to curb the number of citizens infected by coronavirus with the goal of preventing as many illnesses and deaths as possible. “Flattening the curve” has been the topic for nearly two months. As we learned in science class at a young age, every action has an opposite but equal reaction. At least one opposite reaction in this case has been a considerable impact on our economy.
Learn more about what AccepTx Pro can do to help your practice in our current environment and in the future.
Nearly all customer offices are closed except for emergency patient care and virtual diagnosis and treatment. So far, we have been able to keep our full staff employed and working for you. We are pleased to serve your needs and make certain that your income is protected and managed effectively during this very difficult time.
Payment Trends; Building a New Patient Pipeline
In just a few short weeks, our nation has transformed from a booming economy into fears of extreme unemployment and a deep recession. Some of us lived through the assassination of JFK, the Challenger explosion, 9/11 and the Great Recession of 2008. There is no doubt that the coronavirus impact is perhaps the most significant event in our lifetimes.
Dear OrthoBanc Customer,
2020 has brought about unprecedented changes for all of us, but it is also a very special year for OrthoBanc as we celebrate our 20th year managing orthodontic payment plans across the U.S. The last 20 years have been an incredible journey and we couldn’t have done it without you, our loyal customers! It is such an honor to work with each of you, and we want to assure you that we are still here working on your behalf during these uncertain times.
OrthoBanc’s President shares an update for our practices.
The ADA recently advised dental offices to close except for emergency procedures. Several states have ruled that businesses close and residents remain at home. These attempts to try and tamp down the impact of the coronavirus have left practices facing challenging financial decisions. Here are some suggestions that may help.