Dentists find that dealing with insurance companies is just another part of the job. It tends to be one of the more frustrating things the office deals with, but it is necessary. PPOs can be particularly stressful when comparing the write-off amount to the fees paid. That’s why you need to take a PPO fee negotiation class.
Reason 1: You Want to Make Money, and So Do Insurance Companies
This is your career. If you are a new dentist, then chances are you have hundreds of thousands of dollars in school loan debt. Plus you have to support yourself and your family and pay your employees. Insurances companies are also in the business to make money, which means they will try and keep fees as low as possible.
The less they pay you, the more they make. You need to be able to counter their attempts to ensure that you can make a fair living and pay the bills. You cannot rely on the insurance company to do that for you.
Reason 2: You Don’t Know if You Can Negotiate Unless You Ask
There is a myth that states you cannot negotiate with PPOs ever. That’s just not true. Some will negotiate fees, but you will likely have to ask. When you do, you should go into the negotiation with an understanding of the process and how to get things to work out in your favor. A PPO fee negotiation class is an excellent way to prepare.
Reason 3: You Will Need to Update Your Dental Practice
If the insurance payments you receive now are enough to keep you afloat, that’s great. But don’t forget to plan for the future of your practice. You will eventually need to replace old equipment and upgrade to the newest technology to provide your patients with the best quality of care possible. That means negotiating higher fees with insurance companies so you can save for upgrades. Enroll in a PPO fee negotiation seminar today and help financially fortify your Southeast Michigan dental practice. Contact Strategic Practice Solutions to learn more.