Accounts receivable is often a significant part of a dental practice’s financial health. Due to common dental benefit practices and late patient payments, dentists are often owed a significant amount of money. Although carrying an accounts receivable balance is common and in many cases unavoidable, reducing the outstanding financial burden can improve cash flow and overall practice health.
Last month’s article on seasonality trends in revenue indicated that busy months included March, April, June and December with lulls in January, February, May, September and November.
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