Collections vs. Care: Optimizing Income While Providing Incredible Experiences

Collections vs. Care: Optimizing Income While Providing Incredible Experiences

by Dr. Adam RosaArticle3 min read

The Balance Between Care and Profitability There is a common misconception in healthcare that providing exceptional patient care will naturally lead to strong profitability. Many believe that if they simply go above and beyond for patients, financial success will follow on its own. While exceptional care is essential, it must be paired with smart, intentional...

The Balance Between Care and Profitability

There is a common misconception in healthcare that providing exceptional patient care will naturally lead to strong profitability. Many believe that if they simply go above and beyond for patients, financial success will follow on its own.

While exceptional care is essential, it must be paired with smart, intentional business practices. Profitability does not happen by accident. It requires finding the intersection where patient experience and collections work together, supporting both outstanding care and financial health.

Enhancing Collections With Secure Digital Payments

One of the most effective strategies we have implemented is the use of secure payment links. This allows our team to send patients a message that clearly outlines what is owed, along with a secure link where they can submit payment directly.

This approach addresses common patient concerns about sharing credit card information over the phone while ensuring payments are collected promptly. Whether for optical purchases or contact lens trials, secure payment links streamline transactions, improve cash flow, and enhance patient satisfaction.

Online Scheduling: A Win-Win Solution

Another strategy I strongly advocate for is online scheduling. This tool significantly improves both the patient experience and operational efficiency.

We have used online scheduling in our clinic for some time, and it has proven to be a powerful way to elevate care while remaining profitable. Patients appreciate the convenience of booking appointments on their own time, without having to call during business hours.

This is especially appealing to younger demographics such as Millennials and Gen Z. In fact, many patients choose our clinic specifically because of our online scheduling option. It helps keep our schedule full while meeting modern patient expectations.

Personalizing the Patient Experience

Personalization plays a major role in both patient satisfaction and revenue growth. One example is our intentional handoff from the optometrist to the optician.

Rather than a generic transition, we use an electronic doorbell system to ensure opticians are ready to meet patients immediately. This creates a seamless, professional experience and reinforces the value of personalized care.

We also offer small but meaningful touches, such as giving patients the option of still or sparkling water while they are being styled for glasses. This simple gesture encourages patients to stay engaged and has led to a noticeable increase in optical sales.

Curated Styling That Drives Value

Instead of allowing patients to browse independently, our opticians take a curated approach by selecting frames for patients based on fit, style, and needs.

This guided experience introduces patients to high-end brands and helps them find the right frames with confidence. The result is a more enjoyable experience for the patient and a higher likelihood of purchasing premium products.

Personal attention elevates perceived value and naturally supports higher profitability.

Celebrate and Explain Your Technology

Advanced technology is only valuable if patients understand it. By celebrating and clearly explaining the technology used during screenings, patients recognize the importance of these procedures and are more likely to participate consistently.

It is critical to review results with patients and connect them to overall health outcomes. If we do not explain what we are doing and why it matters, patients may not realize the level of care they are receiving.

Integrating Care and Collections

Optimizing income does not mean compromising care. In fact, the opposite is true.

By integrating thoughtful business practices such as online scheduling, secure digital payments, personalized experiences, and patient education around technology, practices can support both exceptional care and strong financial performance.

When care and collections work together, everyone benefits — the practice, the team, and most importantly, the patient.

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