---
title: Deferments for payments during COVID - Part 6
description: Jill Allen will talk about what to do with contracts and financial protocols when patients have asked for deferments or reduction of payments.
image: https://www.practiceresults.com/hubfs/Screen%20Shot%202020-04-07%20at%203.35.49%20PM.png
---

 1 min read

# Deferments for payments during COVID - Part 6

[ Jill Allen ](https://www.practiceresults.com/jills-blog/author/jill-allen) :  Tue, Apr 07, 2020 @ 03:39 PM

[orthodontic offices](https://www.practiceresults.com/jills-blog/topic/orthodontic-offices) [sucessful orthodontic offices](https://www.practiceresults.com/jills-blog/topic/sucessful-orthodontic-offices) [customer service](https://www.practiceresults.com/jills-blog/topic/customer-service) [Orthodontic Starts](https://www.practiceresults.com/jills-blog/topic/orthodontic-starts) [orthodontists](https://www.practiceresults.com/jills-blog/topic/orthodontists) [Jill News and Events](https://www.practiceresults.com/jills-blog/topic/jill-news-and-events) [Orthodontic Start-ups](https://www.practiceresults.com/jills-blog/topic/orthodontic-start-ups)

![Deferments for payments during COVID - Part 6](https://www.practiceresults.com/hubfs/Screen%20Shot%202020-04-07%20at%203.35.49%20PM.png)

**Managing Patient Payment Challenges: Contracts, Deferments & Cash Flow Strategies**

In times of financial uncertainty, orthodontic practices face a unique challenge—how to **support patients who request payment deferments or reductions** while keeping the practice financially stable. On our YouTube channel, Jill Allen, owner of Jill Allen & Associates, will walk orthodontists and their teams through **key strategies for handling contracts, financial protocols, and maintaining cash flow** during uncertain times.

### **Handling Payment Deferments with Confidence**

When patients ask for **payment deferments or reductions**, it’s crucial to have a clear plan in place. While flexibility can build goodwill and strengthen patient relationships, it should be balanced with financial responsibility. Jill will share insights on how to:

- **Review existing contracts** and identify areas where adjustments can be made without harming long-term financial health.
- **Communicate effectively with patients**, ensuring they understand the impact of deferments and what their options are.
- **Set clear terms** for any payment modifications to avoid confusion and future disputes.

### **Tracking Delinquencies & Staying Proactive**

A few delayed payments might not seem like a big deal at first, but if left unchecked, they can **quickly add up and affect cash flow**. Jill will go over:

- **How to track delinquencies efficiently** so nothing falls through the cracks.
- **Best practices for following up on overdue accounts** without damaging patient relationships.
- **When and how to enforce payment agreements** while maintaining a professional and compassionate approach.

### **Keeping Cash Flow Strong**

Even with deferments, your practice still needs consistent income to stay operational. Jill will share **creative ways to keep revenue coming in**, including:

- Offering **incentives for early or lump-sum payments**.
- Exploring **alternative revenue streams** to supplement patient payments.
- Identifying **cost-saving measures** that don’t compromise patient care.

### **Secure Your Practice’s Financial Future**

With the right systems in place, you can navigate patient financial challenges while keeping your practice financially healthy. **Don’t miss this 15-minute video with Jill Allen**—learn how to manage contracts, track delinquencies, and keep cash flow steady, even in uncertain times. 

 

<https://youtu.be/2vAdaLzBuoM>

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