Podcast: What dental practices and patients need to know about the Fair Financing Principles

In this episode, DrBicuspid.com Editor-in-Chief Kevin Henry speaks with Sonia Williams, senior vice president and general manager of the dental arm of Synchrony, about the evolving landscape of the dental industry. 

They discuss the opportunities and challenges facing dental practices, the importance of transparency in financing through the CareCredit Fair Financing Principles, and how CareCredit supports patients in managing their out-of-pocket expenses. Williams emphasizes the need for multisource financing solutions and CareCredit's approach in helping patients access necessary dental care.

Podcast takeaways

  • The dental industry has significant growth opportunities.
  • Consumers face a gap in dental care coverage.
  • CareCredit is integrated into 90% of practice management software programs.
  • The fair financing principles aim to create transparency for consumers.
  • Educational resources are available for patients about dental financing options.
  • Multisource financing helps patients who don't qualify for CareCredit.
  • Certification is required for dental practices to offer CareCredit.
  • CareCredit has been a trusted source for over 35 years.
  • CareCredit's mission is to provide patients with access to necessary care.
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