
Dump Your PPOs
04/2/21 6:28 PM
Ryan Palevsky
Dental Advice, Dental Practice Management
Restore cash flow, quality service, and your dignity.
Is it time to stop being taken advantage of by PPOs and insurance companies? The answer is yes. You’re a great clinician and you deserve better but dumping your PPO can be very complex unless you have a proven strategy. Get off the drill, bill and fill PPO mill by using a simple, automated membership based program.
Three-step strategy
During a recent webinar, NextLevel Practice President and CEO Gary Kadi along with Justin and Jordan Comstock, CEOs from BoomCloud, outlined a three-step strategy for success:
- Plug in the membership plan- an “Amazon Prime” model with benefits and significant discounts that can increase profits 20-50 percent
- Implement the care system – allows you to streamline office visits and spend more time with patients, less on admin
- Continue to have relationships with your PPOs and don’t end relationships all at once: But once membership rolls are fully monetized, Kadi and the Comstocks agree—it’s time to dump those PPOs!
Free up cash
As it stands, PPOs tend to have too much control over your cash flow. When practice owners must sacrifice quality of life and quality of service for insurance carriers, they’re not getting their full worth—and neither are patients.
As you build your patient membership rolls, patients receive your expert clinical care and you get the renumeration you deserve.
What you—and your patients—get back
Educating patients about the benefit of membership and providing education on complete health helps you:
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