Wells Fargo Health Advantage | LinkedIn Lead Generation Campaign, Dental segment

Choosing Patient Financing
Five Helpful Questions to Ask

Regardless of the financial provider you choose, asking these questions can help you find a program that keeps you smiling.

1Are the standard patient rates competitive?

Not every program’s standard patient rates are the same, and you may be surprised at how favorable some are. Talk with financing providers about how their annual percentage rates (APR) for patients stack up to the competition.

2Are approval rates and credit limits competitive?

Ask financing companies where their approval rates and credit limits rank among competing programs. By choosing a program that approves more patients with enough credit to cover their treatments, you’ll help more people get the dental work they need.

We will handle the patient’s dental needs and Wells Fargo will handle their financial needs. It is a win-win situation for both the patient and the dentist.

Heather McMillin | Treatment Coordinator, Parkcrest Dental Group

3What are my costs to use the financing program?

Ask financing providers how their fees compare to others. Programs with a full range of financing plans typically charge lower fees to use some plans and higher fees for others. A program like this helps balance everyone’s costs while offering more choice and flexibility for your patients and practice. And considering extra costs, like enrollment or service fees, will make it easier to compare programs.

4Is the program easy for my staff and me to understand and use?

A novice wouldn’t crown a tooth without guidance. And, your financing provider shouldn’t turn over the program without training you first. With the right individually-guided training and real-time personal support seven days a week, everyone in your office can feel comfortable using the program and talking about it with patients.

5Are there tools and resources to make financing simpler for my staff?

Financing programs don’t have to be overly complicated or take too much time. Features like paperless processing tools, marketing help, advertising tips and tools, and custom reports from your financing provider make it easier.

20%
of your dental patients could
benefit from patient financing.*

Do they know it’s an option?

* Dentists: Is your third-party financing working for
your practice? — DentistryIQ.com, May 2018

The Wells Fargo Health Advantage® credit card program can help you do what’s best for your patients by providing a fresh approach to patient financing that’s easy to learn, easy to use, and easy to manage.

Would you like to learn more?

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support team

1-800-577-5221
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