Manage Accounts Receivable In A Timely Manner

Managing accounts receivable (AR) is a common challenge for most dental practices. Delayed payments, insurance claim denials, and inefficient billing procedures can lead to cash flow issues and countless headaches for your office. That’s why our software, Flex Dental Solutions, is a must-have for any practice. Our innovative approach helps dental offices manage AR in a timely manner, maintaining a steady revenue cycle and reducing the burden on your front desk staff.

The Challenges of Accounts Receivable in Dental Practices

Many dental practices struggle with accounts receivable due to a few common issues:

• Patient payment collection – Patients often delay payments due to lack of financing or unclear billing statements.
• Inefficient billing processes – Billing patients manually and outdated software lead to errors and inefficiencies.
• Aging AR balances – Uncollected balances over 90 days can cause financial instability.

Flex combined with FlexPay provides an easy solution to these problems, helping dental practices take control of their revenue cycle and improve collections.

How Flex Improves AR Management

1. Automated Electronic Billing 

Flex automates the billing process by sending patient statements according to a schedule created by the practice. These statements will continue to be sent if the statement is unopened and/or unpaid, helping maintain consistent payments.

2. Payments Are Simple

With FlexPay, which is included in every Flex package at no additional cost, patient payments are simplified through:

• Digital invoices and payment reminders via email and text.
• Multiple payment options: online payments, In-office payments, recurring payments and financing options including integration through Wisetack.
• Itemized statements are clear and concise, reducing confusion and encouraging faster payments.

3. Offering Flexible Financing With Wisetack

Wisetack, a trusted patient financing service, offers flexible financing options to your patients who qualify. In doing so, you get paid quickly by Wisetack for your dental services. Leave the collections to Wisetack, as they will collect from your patients later on with a schedule they agree to with your patient. This ultimately creates a financial security blanket for your practice. 

4. AR Aging Reports & Analytics 

Flex also provides detailed AR aging reports, helping practices track overdue balances and implement proactive collection strategies. With insights backed by trusted data, practices can identify trends, address recurring payment issues, and improve financial planning.

5. Certified Integration with Open Dental

Flex Dental Solutions seamlessly integrates with Open Dental, eliminating the need for manual data entry and reducing administrative workload. This ultimately takes the weight off your practice employees and leads to quicker turnaround times.

The Benefits of Using Flex

• Improved Cash Flow – Faster collections always lead to a healthier financial system for your practice.
• Reduced Administrative Burden – Automating AR management allows your staff to focus on patient care.
• Higher Patient Satisfaction – Clear billing and flexible payment options enhance the patient experience.
• Lower Write-Offs – Effective follow-up reduces unneeded debt and maximizes revenue.

Take Control of Your Accounts Receivable 

If your dental practice struggles with accounts receivable, Flex can help. Our advanced tools allow you to get paid faster while improving efficiency and patient satisfaction.

Want to learn more? Contact us today to schedule a demo and see how we can help!