Is one of your new year’s resolutions for your dental practice to increase revenue without dramatically increasing your workload? While that might sound too good to be true, PPO fee negotiation is one of the ways to get that done. Undertaking such a momentous task on your own can be intimidating and add even more onto your already-crowded plate. What are the signs that you need a professional for your PPO fee negotiation tasks?
1. You Don’t Have Time
Whether you’re a new parent looking forward to getting home to see your family at the end of the day or a dentist in a practice that is bursting with patients, you might not have the time needed for PPO fee negotiation and all of the follow-up required. Unfortunately, negotiation is not a one-time process of making a call or sending a letter. Instead, it takes multiple calls, multiple letters, multiple follow-ups and more to make headway in the process and approach the reimbursement rates you’re after.
2. You Don’t Know Where to Start
The PPO fee negotiation process can be complex and time-consuming. Professional negotiators, like APEX Reimbursement Specialists, spend their days working directly with leading insurance providers and dentists like you. We know who to talk to, how to present your practice and data, the right way to negotiate for higher reimbursement rates and where to go from there. If you aren’t sure where to start, we can guide you through every step of the process.
3. You Don’t Know How to Do the Math
One of the most difficult parts of the negotiation process is comparing offers. What changes will actually increase your revenue? What reimbursement rate changes would give you a great deal more for a specific procedure, but that specific procedure is one that you only perform a couple of times a year? A professional PPO fee negotiation company can do the math for you and determine what fee structure is the best for your bottom line.
APEX Reimbursement Specialists Will Help Dental Practices in 2020
Whether you’re concerned about the potential for receiving an insurance provider audit in the new year or looking for assistance in raising your overall revenue with skilled PPO fee negotiation, APEX Reimbursement Specialists is here to help. Contact our team today by calling (410) 710-6005. We look forward to working with you to make your practice a more profitable place.