INSURANCE TOOL
Insurance participation can quietly erode your margins—or become one of the most powerful levers for increasing profitability 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 Tool will get you on the fast-track to better profitability.
Main Dashboard
- Compare Insurance Company Fee Schedules against each other
- Colors fade from Green to Yellow to Red for easy identification of best & worst fees
- Patient totals and rankings allow informed decision making when considering dropping plans
- Identifies worst plans so you can focus on negotiating with worst performers first
Individual Ins. Company Tracking
- Compare Current Fee vs Prior Fee to display impacts of proposed new fee schedules
- Fee and Patient data summarized in one location to aid in negotiations
- Organize and Track Insurance fee history, contact info, notes and history of communications all in one place
Financial Impacts of Decisions
- Fee, Patient and Revenue info by Provider allows informed plan drop decisions
- Estimated Profit Increases from fee schedule changes illustrate gains from your negotiations
- Estimated missed profits highlights your opportunity cost of accepting poor paying plans