Dr. Dean C. Bellavia

1-716-834-5857

BioEngineering@twc.com
FINANCIAL CONTROL Pearls
FINANCIAL CONTROL Pearls

FINANCIAL CONTROL Pearls

 

If you want to Maximize your Net,

 

you might find these Manegament Pearls of value.


Do your collections accurately represent your adjusted production?  Is your bookkeeper collecting everything charged?  Are your past due accounts minimal?  Are your Credit Card, Direct Deposits and Insurance payments under control?  If not, maybe this management pearl can help.    Once your starts and miscellaneous charges are properly posted, you need to collect all of them.  Unlike charges, which are instant the day they are posted, collections are posted over…

Is your production optimum for your services?  Is your TC setting your fees and financial agreements correctly?  Are your contracts accurately set up on your computer and followed up?  Is your financial coordinator a part of your financial agreement control?  Are your miscellaneous charges getting posted?  If not, maybe this pearl can help.     In the complex world of orthodontic charging, billing, collections and expenses many clients find themselves…

Are you sure that whatever collections coming in the door are getting to the bank?  Are your miscellaneous charges making it to the bookkeeper to bill?  Most doctors think that they have this under control until it is too late.  Maybe this pearl can help put your mind at ease.   Most practices think that just because they have a computer that their income and charges are under control.  And…

Is your Financial Coordinator a strong analyzer who pays attention to financial detail?  Is your Financial Coordinator a weak director who finds it difficult to collect past due accounts?  Unfortunately, this is typically the situation, but this pearl can help you to reconcile this dilemma.   A typical Financial Coordinator is usually a task-oriented-person with a strong analyzer style, but a weak get-it-done director style.  The strong analyzer style allows…

Latest Management Pearl

  • Where's the Money: Part-II: Collections
    Do your collections accurately represent your adjusted production?  Is your bookkeeper collecting everything charged?  Are your past due accounts minimal?  Are your Credit Card, Direct Deposits and Insurance payments under control?  If not, maybe this management pearl can help.    Once your starts and miscellaneous charges are properly posted, you need to collect all of them.  Unlike charges, which are instant the day they are posted, collections are posted over…