Pass Along that Extra Collection Cost: Assessing Finance Charges and Late Charges

Did you know Dentrix allows you to charge additional fees to patients with whom you have made payment agreements or to whom you have extended credit? These fees are divided into two groups: finance charges and late charges.

A finance charge is a fee that represents the cost of credit, or the cost of borrowing, and is similar to the interest charge you might receive on a home or car loan. Finance