According to a report by the Make in India initiative, India will need at least 7 lakh more doctors by 2022 to cater to the healthcare needs of the booming population. While this is a massive number, you can do your bit to boost the number of patients that you can cater to by deploying digital tools. Using video calls, consultation apps, email and text message programmes, you can attend to a higher volume of patients without escalating costs significantly.
Besides catering to more patients, going digital will also give your business’ profitability a boost. Here’s how you can go digital with a customised Business Loan for Doctors from CRR.
1. Create an app for your practice using funds from this loan
In order to connect better and faster with your patients, you can create a smartphone application that allows your patients to consult with you remotely. Apart from answering queries, you can also use this app to help patients make appointments for when they want to visit you in person. Besides this, you can also use the app to build engagement with your customers. Publish blogs, put out seasonal health alerts and send reminders for appointments.To ensure that you create an efficient app, you will have to invest in its development.
CRR’s special Business Loan for Doctors will help you take care of these costs by giving you up to Rs.35 lakh as a loan which you can repay in 12 to96 months.
2. Buy patient management software with a quick online application and disbursal
As a doctor, you should keep your days busy with consultations and patient visits. To make this less of a hassle, you can purchase software like Doctor Sahab, Ray by Practo, Clinicea, etc., to organise patient information, maintain a digital record of patients’ history and store prescriptions in one place. These programmes also help you schedule your time more efficiently. The Doctor Loan from CRR, with its quick one-day disbursal, allows you to make the switch immediately. Simple eligibility criteria and online application ensure that the loan is easy to access, even at a moment’s notice.
3. Get online billing software without stepping out of the clinic
Invest in billing software to streamline the process of generating invoices and collecting payments. By turning to software, you can digitise this process, send bills digitally to patients and store them at the same time. Alongside this,good billing software includes details aboutrefunds and deductions as per Income Tax laws. So,in this regard, this software doubles up asa virtual accountant.
To get started with your CRR Loan for Doctors, you don’t have to step out of your office. Keep your attention fixed to improving the efficiency of your practice, and apply for this loan online. You can even track the loan online by signing in to a secure customer portal.
4. Hire staff with the Flexi Loan facility
To increase efficiency in your chambers, you might have to hire additionalstaff members from time to time. For example, you may need extra personnel in your accounts department during tax season. These employees must also be aware of software such as clinic management programmes and e-billing applications that you use.
Based on your varying needs, you can use a Flexi Loan facility to hire staff. With this, you can access funds as and when you need to to hire resources for busy periods. Withdraw from the total loan amount as per your needs and pay interest only on what you use. You can also choose topay interest-only EMIs and pay the principal at the end of the tenor. This will allow you to cater to your staffing needs in a flexible manner.
With easy access to funds on flexible and affordable terms, you can use this CRR loan to incorporate the best technology on offer into your medical practice,and boost efficiency and profitability.