339: How to Best Utilize Third-Party Financing

Sameer Bhasin, vice president of alliances at CareCredit, shares the low-down on third-party financing and how to better-utilize companies like CareCredit. Kiera has her own experience with CareCredit, and used it religiously when she was a treatment coordinator, closing on $60,000 to $80,000 cases.

Not everyone who wants to work with CareCredit is prepared and ready to make those moves, so Sameer has tips on where to start, and he explains them in more detail:

1. Inventory your office. Are you utilizing CareCredit or another patient financing as a product or as part of a process?

2. Pull up diagnosing and treatment plans. Understand why some treatments are still sitting on the to-do list.

Kiera and Sameer also discuss how to talk to your patients about such finances, how credit scores come into play, and, of course, what the magic number is to know if your practice is healthy in terms of CareCredit/etc. applications.

Want to reach your CareCredit practice rep? Visit www.carecredit.com/partnerportal/contactus. Sameer can be contacted at [email protected].