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Out-of-Network Lessons and Advice
Manage episode 424120887 series 1820200
What happens when you decide to take your dental practice out of network with major insurance providers like Delta? We'll take you through our unique journey and the strategic moves we made to ensure a smooth transition. From navigating patient retention to leveraging insurance participation for growth, we share the real-world impacts and successes we experienced. Learn how to maintain profitability while still working with PPOs, and understand the critical timing for dropping certain insurance plans. Plus, discover the pivotal role your team's mindset plays in communicating your practice’s unique value and experience to patients.
We also delve into the logistical challenges we encountered, such as evolving dental fee structures. Hear about the lessons we learned from initial issues with inaccurate estimates and lower-than-expected reimbursements, and how aligning fee schedules with realistic operating costs led to a 12% increase in total fees. Through trial and error, we found ways to ease the transition for patients, allowing us to thrive despite rising labor costs. Finally, we celebrate our team’s incredible attitude and achievements, sharing insights to inspire confidence in your own path to success in dental practice management.
Text us your feedback! (please note: we cannot respond through this channel))
I teach dentists how to make more money, work less, and create a team driven practice that runs itself. Join the DPH Hero Collective to Learn every single dental practice management tool you need to do it.
You will get:
✓Comprehensive Training to increase profit and engagement in your practice
✓Live Monthly Webinars to teach you how to run your practice
✓Live Question and Answer Sessions to get you help when you need it
✓A Community of practice owners to support and cheer you on
✓System and Protocol Documents to Edit, to standardize your operations
Visit www.DPHPod.com to Learn more.
Capítulos
1. Dental Practice Network Strategy Success (00:00:00)
2. Evolving Dental Fee Structures and Benefits (00:12:00)
3. Team Success in Dental Practice (00:21:05)
520 episódios
Manage episode 424120887 series 1820200
What happens when you decide to take your dental practice out of network with major insurance providers like Delta? We'll take you through our unique journey and the strategic moves we made to ensure a smooth transition. From navigating patient retention to leveraging insurance participation for growth, we share the real-world impacts and successes we experienced. Learn how to maintain profitability while still working with PPOs, and understand the critical timing for dropping certain insurance plans. Plus, discover the pivotal role your team's mindset plays in communicating your practice’s unique value and experience to patients.
We also delve into the logistical challenges we encountered, such as evolving dental fee structures. Hear about the lessons we learned from initial issues with inaccurate estimates and lower-than-expected reimbursements, and how aligning fee schedules with realistic operating costs led to a 12% increase in total fees. Through trial and error, we found ways to ease the transition for patients, allowing us to thrive despite rising labor costs. Finally, we celebrate our team’s incredible attitude and achievements, sharing insights to inspire confidence in your own path to success in dental practice management.
Text us your feedback! (please note: we cannot respond through this channel))
I teach dentists how to make more money, work less, and create a team driven practice that runs itself. Join the DPH Hero Collective to Learn every single dental practice management tool you need to do it.
You will get:
✓Comprehensive Training to increase profit and engagement in your practice
✓Live Monthly Webinars to teach you how to run your practice
✓Live Question and Answer Sessions to get you help when you need it
✓A Community of practice owners to support and cheer you on
✓System and Protocol Documents to Edit, to standardize your operations
Visit www.DPHPod.com to Learn more.
Capítulos
1. Dental Practice Network Strategy Success (00:00:00)
2. Evolving Dental Fee Structures and Benefits (00:12:00)
3. Team Success in Dental Practice (00:21:05)
520 episódios
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