If you desire to be an in-network (PPO) provider, it is of utmost importance to negotiate fees for your participation right from the beginning. Once you have made the decision to become an in-network provider, you want to negotiate your initial contract and fees as quickly as possible, as becoming credentialed and actually gaining in-network […]
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How Does Negotiating Dental Fees Impact Your Business?
Due to the effects of the COVID-19 pandemic, dental offices are increasing infection control standards. The American Dental Association (ADA) has issued recommendations to control the transmission of infection, which closely align with the guidelines from the Centers for Disease Control. As a result of the new infection guidelines and the need for additional personal protective equipment, […]
Read MoreWhat You Should Know About Insurance Negotiations
Did you know you can negotiate fee reimbursement rates with an insurance company as a dental service provider? You can and you should! Negotiated fees are fees a dentist who is “in-network” agrees to accept as payment for services provided to the patient, less co-payments, deductibles, cost sharing and benefit maximums. Insurance companies do not […]
Read MoreSteps to Implementing Standard Operating Procedures (SOPs)
Whether in writing or digital format, Standard Operating Procedures (SOPs) should be utilized as a part of your personnel management process now more than ever dealing with a post-pandemic labor force. They are not just policies to be followed in the dental practice; they are the actual steps to be followed consistently to accomplish certain tasks […]
Read MoreHave You Considered Being In-Network?
The term “in-network” is defined as health care facilities – hospitals, doctors, dentists, specialists, pharmacies – that have an agreement with insurance companies to provide medical care to their insured members at a discounted rate. The rate is agreed upon by the health care provider. Patients will typically pay less with an in-network provider. At […]
Read MoreWhat 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 […]
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