The 3 Step Revenue Enhancement System
At e-DentalMarket, we are passionate about helping Dentists maximize the overall health of their practices. Through first-hand experience, we understand there’s a lot of hard work that goes into providing quality dentistry. e-DentalMarket was founded by Dentists, for Dentists. Our goal is to create solutions that allow Dentists to focus on their patients, while we improve their bottom line using a 3-pronged approach we call the Revenue Enhancement System.
Step One: Office Fee Analysis
Step One: Office Fee Analysis – Private UCR fees are often the most neglected area in a practice’s financial structure. Clients tell us every day that it’s been years since adjusting their private fee. Office fee analysis benefits your PPO insurance compensation, helps keep your area average healthy, and ensures you are keeping your fees in line with other providers when seeing fee-for-service patients our patient with out of network benefits. It also prevents practices that are offering In-Office Savings Plans from over discounting their services.
We offer FeePro to simplify the office fee analysis process. FeePro is a proprietary, cloud-based software that uses the largest database nationwide and sorts the data by geographical zip code. The information is compiled from the insurance companies, not surveys. FeePro is the most comprehensive software of its kind in the industry.
Step Two: PPO Negotiations
Step Two: PPO Negotiations – PPO Insurance is a vital component of revenue for most dental practices in this country. In many cases, practices don’t even know that many of their contracted fee schedules can be negotiated. And, if they do, they don’t understand there are certain methods and strategies beyond just reaching out and requesting a fee increase. e-DentalMarket has a very specific strategy to negotiate better fee schedules for our clients.
We understand how third-party leasing effects fee structures and the specific leverage needed to get fee increases. Good working relationships with the insurance companies is also a necessity. We strive to maintain strong relationships with both insurance companies, and the practices we work with.
Step Three: In-Office Savings Plan
Step Three: In-Office Savings Plans – As we’ve mentioned in previous articles, patients without dental insurance are up to 75% more likely to avoid making a dentist appointment. Do you have patients who will be retiring and losing their dental benefits? Do you have patients that are self-employed? Do you have patients that do not have dental insurance through their place of employment?
In-Office Savings plans provide solutions for patients and practices alike. Practices are filling the no-insurance gap with these plans thus providing reasonable options for their patients and creating patient loyalty. Treatment plans are in higher acceptance with In-Office Savings plans vs. the no insurance option. Patients are getting the treatments they need and Dentists are keeping their practices busy.
Our In-Office Savings plan specialists work with you, step by step, through the process of getting your plan set up, implemented and marketed. We also provide PlanPro software to track the profitability and help manage your In-Office Savings Plan patients and their plans. Support and training are always available. We want to see your plan be a successful addition to the services you currently offer.
Revenue Enhancement System
Our Revenue Enhancement System has proven to be effective time and time again. Why cover only one base when you can score a home run? We cover ALL the bases relevant to revenue for your practice. Our system continues to be proven profitable for practices across the country daily.
To learn more about our services and process please contact us at 844-464-2777, or click this link https://edentalmarket.youcanbook.me/, to set up a complimentary consultation.