Insurance Analysis tool
Insurance participation can quietly erode your margins—or become one of the most powerful levers for increasing profitability, all without adding clinical hours.
Dental Business owners need a way to:
• Compare Plan reimbursements against each other to identify poor plans
• See bottom-line impacts of plan fee changes
• Effectively negotiate with data
• Make informed plan add/drop decisions
• Track and organize all this data in one place
• Do all of this efficiently so that it won’t take up tons of your precious time
We have the solution! Utilizing our Insurance Analysis Tool will get you on the fast-track to peace of mind and better profitability.
Fee Schedule Comparison
- Compare and rank Insurance Company Fee Schedules against each other
- Identify plans with the highest write-offs and focus efforts on negotiating with worst performers first
- Color coded for easy identification of best & worst fees & plans
- Patient totals coupled with estimated revenue impacts allow for informed decision making when considering dropping plans
Provider Tracking and Analysis
- Compare proposed new fees vs. existing fees to analyze impacts of updated fee schedules
- Utilize Fee, Patient, Write-off and estimated Revenue data to aid in decision making and negotiations
- Organize and consolidate insurance fee history, contact info, notes and history of communications all in one place
Reveal Financial Impacts
- Estimated Profit Increases from fee schedule changes illustrate gains from your negotiations
- Estimated Missed Profit highlights your opportunity cost of accepting poor paying plans
- Fee, Patient and Revenue info by Provider allows informed plan drop decisions