Would your practice survive if you stopped taking insurance? Not sure how to exit your PPOs WITHOUT losing patients?
It’s a question many dental offices are asking, but are too worried to truly explore. However, the answer may surprise you.
Tamara Whitley joins the Edwards & Associate’s team during this episode of Beyond Bitewings, to talk about her journey of removing insurance from her husband’s dental practice.
After seeing her husband’s office make less money than he was making working as an employee for another office, they started to dig a bit deeper to how they could see where profits might be falling short. What Tamra uncovered was more than disconcerting, and they saw how taking insurance was actually losing them money vs. making it.
With the help of Craig at Solutions 101 (https://www.s101medical.com/), Tamara was able to see how insurance was affecting their practice, how much they had in outstanding claims, and how to create a roadmap that got them on the path to more profitability.
Tamara talks about how she changed their practice’s insurance policies, how they’ve been able to retain clients, and why this has been the best thing they could have done.
If you’re wondering how you can make the jump to stopping the PPO Whack-A-Mole, then make sure you listen because they may just be the push you need.
If you have specific questions about this episode exit your PPOs WITHOUT losing patients or if you’d like to have your question answered on a future podcast, please make sure to reach out to the Edwards & Associates team. Or contact any one of the excellent ADCPA affiliates across the nation at https://adcpa.org/.