Drop PPOs with a Dental Membership Plan

Dental insurance is often a problematic and unreliable revenue source for dental practices, but the idea of dropping PPOs seems daunting.

Our answer to that? It doesn’t have to be. By adopting membership plans, practices can take back control, collect full fees, and provide comprehensive care to patients. 

Let’s explore how this transition can benefit both dental offices and their patients.

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The problem with PPOs and insurance reimbursement

PPOs and traditional dental insurance often come with fluctuating and unfavorable reimbursement rates. And no one likes that.

This financial instability makes it difficult for practices to plan and maintain consistent revenue streams. 

Relying on insurance means dealing with unpredictability, affecting the financial health and stability of dental offices.

Good thing we have a solution.

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What exactly are membership plans?

Great question. We have a simple answer for you. 

Membership plans offer something amazing to dental offices: a straightforward financial alternative to traditional insurance. 

These plans reduce dependency on PPOs by providing a reliable revenue source through recurring payments. Patients pay a monthly or annual fee directly to the practice, ensuring a steady income and eliminating the uncertainties associated with insurance reimbursements.

See? It’s that easy.

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Let’s talk benefits

Now you know that membership plans help practices and their patients, but let’s talk about how:

For practices

• Control and full fees: Membership plans allow practices to take back control and collect their full fees without the constraints of insurance companies.
• Predictable revenue: With consistent recurring payments, practices gain a reliable and predictable revenue stream.
• Simplified billing: Automated billing and fee collection streamline the financial processes, making it easier to manage practice finances.

For patients

• Clarity and consistency: Membership plans are clear, concise, and consistent, unlike traditional dental insurance, which can be confusing and unpredictable.
• Affordable quality care: Patients gain access to quality, affordable dental care without the costs and limitations of insurance.
• Comprehensive treatment: Patients can receive the necessary dental work without worrying about insurance restrictions, enabling them to get the care they need and deserve.

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Step-by-step transition plan

Now that you know what membership plans are and how they help your practice and your patients, it’s time to come up with a plan. Luckily, we have one for you. 

Transitioning from PPOs to membership plans involves a few strategic steps:

1. Evaluate current patient base and financials: Understand your current financial standing and patient demographics.
2. Communicate the change: Inform patients and staff about the shift to membership plans, emphasizing the benefits (and then watch them get excited about it).
3. Set up your plans: Customize and implement membership plans tailored to your practice’s needs.
4. Monitor and adjust: Gradually phase out PPOs while monitoring patient retention and revenue.

We know that’s easier said than done but don’t worry. We have a handy little tool for you to help. 

To assist in this transition, use our PPO calculator to determine the number of patients needed to break even when dropping PPOs.

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How DentalHQ can help

Transitioning from PPOs to membership plans offers numerous benefits, including financial stability for practices and better care for patients. You can take control of your practice’s financial health and provide comprehensive care without the constraints of insurance all with the power of these plans. 

And thankfully, DentalHQ is your partner in managing your membership plans. Our platform simplifies the process with features like automated billing, customizable plan options, and a user-friendly interface for both dental offices and patients.

Basically, we do all the work for you so you don’t have to. 

Visit our website to learn more and try out our PPO calculator to start your journey toward a more stable and predictable revenue model. Dental insurance is often a problematic and unreliable revenue source for dental practices, but the idea of dropping PPOs seems daunting.