Credentialing is what is necessary to become in-network in order to participate with a myriad of insurance companies and their different plans. There are various types of insurance providers including PPO, DMO, HMO, DHMO, Medicaid and within each type, there are several insurance providers. Dental patients are much more likely to seek treatment with a dentist who participates with their […]
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What Dentists Should Know About PPO Re-Negotiation
If you decide to become an in-network (PPO) provider, from the very beginning it is of utmost importance to negotiate contract fees. Keep a record of your contract dates to be proactive in having the ability to re-negotiate your contracts. Most contracts for fees have a term of 18-24 months. In order to maintain your bargaining […]
Read MoreShould You Hire a Negotiator?
A part of the job the dentist may not have considered when opening a dental practice is dealing with insurance companies. As a matter of fact, it is one of the particularly stressful things the office deals with; but it is so very necessary. Dentists are in the business to make money and insurance companies […]
Read MoreDental Credentialing in 2022
As dental offices begin a new year and leave behind a year of unexpected challenges, many are considering what changes they can implement to grow their practice. Everything from marketing to updated technologies is on the table. In 2021, COVID-19 was feared and ways to control spreading were the first priority. There were limits on […]
Read MoreHow to Successfully Acquire Dental Practices
There are several ways for dentists to establish their own dental practice as they desire to have more control of their future earnings including acquiring a dental practice. Reasons to begin a sole practice include reducing their student loan debt, having a more flexible schedule, or just working under a different set of rules, to […]
Read MoreHow to Increase Patient Volume
COVID-19 has been a major game changer for most dental practices. The examination of patient volume and the daily office schedule can help determine how to develop an updated schedule to maximize patient volume. The dental practice’s success or failure depends on the number of patients visiting it. If new patients are being added on […]
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