Referral fees are payments made by one professional to another for referring a patient or client. In the dental field, it is common for dentists to pay referral fees to other dentists, physicians, or other healthcare providers who refer patients to their practice.
There are a number of reasons why dentists may choose to pay referral fees. First, it can be a way to thank the referring provider for their business. Second, it can help to build relationships with other providers in the community. Third, it can be a way to attract new patients to the practice.