The cost of dental care and the loss of dental insurance create significant barriers for patients; the Patterson CarePay+ platform combines three functional modules\u2014patient financing, in-house dental plans, and payment processing\u2014to increase treatment accessibility and optimize clinic cash flow.<\/p>\n
The CarePay+ Patient Financing solution provides a fast, patient-managed process for selecting financing options with an instant response to each inquiry without requiring personal financial documentation. An option for monthly payments is provided to spread the cost of treatment over time. <\/p>\n
For the clinic, this means increased acceptance of comprehensive treatment plans (including implants, crowns, endodontics, and periodontal procedures) by reducing the initial financial barrier. Implementation requires training front-office and consultation staff on the product and the scenario for offering financing during treatment planning. <\/p>\n
CarePay+ Dental Plans create in-house “discount plans” for patients without insurance or with limited payment options. The practice independently sets transparent plan prices; patients receive discounts on preventive care (professional hygiene, exams, X-rays) and on therapeutic procedures (crowns, endodontic treatments, etc.). Approvals occur in real-time without waiting periods. <\/p>\n
Plans contribute to increased patient retention and higher treatment acceptance; practices report prompt payments (possible within 24 hours) and a reduction in outstanding accounts receivable.<\/p>\n
CarePay+ Payment Processing supports contactless and digital payment methods: credit\/debit cards, EMV chip cards, digital wallets, HSA\/FSA, ACH, QR codes, and text-to-pay. The solution integrates with the Eaglesoft practice management system, eliminating manual entry and payment reconciliation. <\/p>\n
When processing card transactions, it is important to consider PCI DSS requirements and the secure storage of payment data; the provider must ensure encryption and tokenization, minimizing risks for the clinic.<\/p>\n
For a dental practice, integrating financing tools, in-house discount plans, and flexible payment processing can significantly reduce financial barriers for patients and improve cash flow metrics. The success of implementation depends on staff training, proper PMS integration, and monitoring key KPIs. <\/p>
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The cost of dental care and the loss of dental insurance create significant barriers for patients; the Patterson CarePay+ platform combines three functional modules\u2014patient financing, in-house dental plans, and payment processing\u2014to increase treatment accessibility and optimize clinic cash flow. 1. Patient financing Key features The CarePay+ Patient Financing solution provides a fast, patient-managed process for […]<\/p>\n","protected":false},"author":20,"featured_media":4849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"quote","meta":{"pmpro_default_level":"","footnotes":""},"categories":[243],"tags":[],"class_list":["post-13757","post","type-post","status-publish","format-quote","has-post-thumbnail","hentry","category-finance","post_format-post-format-quote","pmpro-has-access"],"yoast_head":"\n