Selling your dental practice isn’t just a financial decision—it’s often the culmination of decades of dedication, growth, and care for your patients and community. But here’s the truth most dentists only discover after they begin the transition process: your practice’s current value isn’t just about annual collections or real estate. It’s about perceived desirability and […]
Read MoreDental Revenues
Why Are Dentists Going Out of Network?
In recent years, many dentists in the United States have decided to leave their in-network agreements with dental insurance companies. While many factors contribute to this shift, the underlying motive often concerns one key desire: more control over their dental practice. When dentists operate outside the confines of insurance networks, they’re freed from many administrative […]
Read MoreGEHA Patients are in for Changes Starting January 2025
As of January 1, 2025, GEHA and Cigna will no longer allow the communication of Cigna’s fee schedules. This change could significantly impact how you serve your GEHA patients, especially if you’re not part of other lease agreements that facilitate communication with GEHA plans. Why Does This Matter? If your practice relies on Cigna’s fee […]
Read MoreTackling Write-Offs: How to Protect Your Dental Practice’s Financial Health
Managing write-offs in your dental practice is like recognizing money lent out that you won’t see again. Tracking dental write-offs is vital to maintaining a healthy practice, but minimizing them is even more crucial. Here are some key strategies for dealing with unpaid insurance claims and patient balances. Handling Unpaid Insurance Claims Collecting payments from […]
Read MoreThe Comprehensive Guide to Purchasing an Existing Dental Practice
Navigating PPO Networks and Insurance Complexities Introduction to Buying an Existing Dental Practice Purchasing an existing dental practice is an attractive option for many dental professionals looking to expand their careers without starting from scratch. This strategic move offers immediate access to an established patient base, existing office infrastructure, and a known community presence. However, […]
Read MoreNavigating the Necessities: A Comprehensive Guide to Dental Credentialing
Dental credentialing is a critical process that allows dentists to be recognized officially by insurance networks and ensures that they meet specific standards of care. It involves verifying the dentist’s qualifications, including their education, training, and professional experience. This process not only safeguards the patients and enhances the quality of care but also facilitates the […]
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