Last updated on May 14th, 2021 at 01:32 pm
Could You Improve Profitability by Dropping Insurance Plans?
How are your current plans impacting your bottom line? How many patients could you afford to lose by dropping them? Is it a good idea?
Find out for free using The Insurance Plan Analyzer!
See how it works:
You may be happy with your fee schedule. But how often do you get paid your full fee for any given procedure?
If you’re like much of the dental profession, the answer is: not all that often due to participation in reduced fee insurance plans. Plans that have you writing off 30%, 40% or even 50% of your normal fee. Plans that require you to work harder and longer to meet your overhead and (hopefully) make a profit. Plans that have you practicing dentistry at a pace you might not have envisioned when you signed up with them.
So we created a spreadsheet where you can input your own numbers to analyze the profitability of a plan and see what would happen if you dropped it.
How many patients would you have if you did that? What would your collections be? What would your overhead percentage look like? And most importantly, what would your PROFIT look like?
This spreadsheet gives you those exact numbers based on what you put into it.
Simply fill out the form to download the spreadsheet and instructions for free!
As Seen In…
You Get:
The Insurance Plan Analyzer Spreadsheet
Where you can enter in your practice’s numbers to see how your insurance plans are impacting your production and profitability, and what would happen if you dropped them. You’ll probably be shocked by the results!
Instructional Ebook
Including instructions for using the analyzer spreadsheet and the steps to take for successfully dropping an insurance plan while retaining a high percentage of those patients and staying productive as a fee-for-service practice.
Custom Assessment for Your Practice
We’ll give you a free assessment of your practice. We’ve helped thousands of dentists successfully drop insurance plans and improve profitability, so we’ll help get you pointed in the right direction!
About MGE:
Management Experts
Headquartered in St. Petersburg, Florida with a satellite office in Anaheim, California, MGE provides practice management education and coaching to dentists, dental specialists and their teams. For over twenty years we’ve taught tens of thousands of dentists how to stimulate growth, implement reliable management systems and increase profitability in their practices.
Decades of experience with the dental profession combined with a fierce diligence to stay on the cutting edge of industry trends, has made MGE the “go-to” solution for thousands of dental professionals looking for the freshest and most effective practice building strategies available. Backing this up, MGE clients’ practices grow at a rate beyond any other group in the industry.
MGE clients can be found in 48 US states and 4 Canadian provinces. Our team boasts over 50 staff, including an elite team of consultants, management trainers and service personnel ready to service our client’s needs, both in person and online.