I am Buying an Existing Practice
When buying a practice with an existing patient base, Dentists want to contract with all the same insurance plans to retain those patients. This is a logical approach, but can be difficult to navigate, consuming a great deal of your time. Often this approach results in receiving “take it or leave it” fee schedules from the insurance companies. Dental Advocacy Group can help you with the contracting and enrollment process, while helping to secure higher than market reimbursement.
Problem
- Low, non-negotiable fee schedules offered by the insurance companies
- Contracting and credentialing is a very time-consuming process
- Administrative complexities of managing so many contracts and fee schedules
Solution
Dental Advocacy Group offers programs that will enroll the Dentist in many leading insurance companies, with a minimum number of contracts, at fee schedules that are well above the market. We will coordinate and manage the completion of contracts and credentialing applications, then submit, track, monitor and report progress. With the higher revenue, you can invest in equipment or even pay off the loan ahead of schedule.
Results
A solo practice in Columbia SC increased annual revenue by $81,000 by joining Dental Advocacy Group.
Testimonials
“I purchased a practice that was already in-network with many insurance companies, and I did not want to lose the vase majority of the patients before even meeting them in, by not going in-network. However, when I saw the reimbursement rates, I was very concerned. Partnering with Dental Advocacy Group was a no-brainer. They helped credential me before I started practicing so I could immediately file with insurance companies on day one. Also, because of the higher reimbursement rates, I do not have to compromise on the quality of my work. I am able to use the materials I choose and labs that I like.”
“I have been working with Dental Advocacy Group for just over three years now and could not be more pleased. Their team takes the guesswork out of credentialing and re-credentialing that can be tedious, to say the least. The fee schedules are significantly greater than any I have been able to negotiate in the past on my own. Without DAG, I would not be able to achieve the results in PPO profitability that I have now.”