Managing Dental Drama
Owning, operating, and managing a dental practice can be difficult and sometimes wrought with drama. Meet Dr. Kuba, a private practice owner, and Bethany, a dental consultant, who take real-life examples and talk through issues in an open, honest, and sometimes hilarious manner. Topics are relevant to current dental and employment trends and range from “The Art of Retaining Good Employees” to “The Marriage of Dentistry and Insurance Ending in Divorce” and everything in between. Each episode provides dental leaders with various tips and tricks as well as common mistakes to avoid. Enjoy the unscripted conversation between Dr. Kuba, Bethany, and various dental practice owners!
Managing Dental Drama
Should I Drop Insurance Plans?
It may seem counterintuitive to consider dropping insurance plans in the midst of patients not accepting treatment. However, because of continued increased supply costs and elevated employee costs, it’s important to close the gap between costs, revenue, and net profitability. Currently, insurance reimbursements are one of the main hurdles in closing that gap. While there are several options to consider for increasing reimbursements, in this episode, Dr. Kuba and Bethany discuss dropping network status. First, they discuss HOW to evaluate which insurance companies to consider dropping including specifics on how to evaluate reimbursements. Next, they discuss HOW to drop insurance including how to prepare your team for successfully dropping insurance. They focus on avoiding the “language of the enemy” and ensuring that your team is 100% confident before dropping a plan or two. Finally, they cover specific takeaways for determining an insurance drop system and plan.
Previous Episodes Worth Revisiting:
Overhead Expenses: How to Make More Money
Insurance MAD World Part One
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