New ADA tool to help members develop financial policies


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The American Dental Association has partnered with CareCredit to launch the ADA Financial Policy Builder Tool, which develops customized financial policy documents for dentists to share with patients. 

After dentists answer a few questions, the tool generates a customized financial policy.The system can help dentists increase transparency with their patients, according to Rudy Liddel, DMD, chair of the Council on Dental Practice.

"It's a good idea to provide patients with a written, formal financial policy that details the specific provisions of any financing options available in your practice," Dr. Liddell said, adding that the written format can ensure consistency and clarity.

The interactive tool is free and the newest addition to the Guidelines for Practice Success suite of resources at the ADA Center for Professional Success sponsored by the ADA Council on Dental Practice. 

For more information, click here.

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