Economic forces are making more and more dental practices face the reality of their relationship with dental insurance.
With rising inflation, costs are going up, interest rates are going up, and the cost of doing business continues to go up.
And yet, the insurance companies dentists are contracted with, who are supposed to be reimbursing them for the work they’re doing, are cutting fees and making it harder for dental practices to stay afloat.
This means that being part of an insurance network has become an unsustainable choice for many dental professionals.
As this keeps happening, most dentists are trying to make the decision to become insurance-free without asking the right questions.
However, in order to decide whether or not you should be insurance-free, you have to ask the right strategic questions first.
The answers to those questions could lead you to making one of the best decisions ever for your dental practice.
What are those questions?
This is exactly what I’ll be discussing in this week’s episode with an expert, the brilliant Steven Anderson.
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Meet Steven (00:38)
The biggest mistake of my career (04:59)
When is the right time to go insurance-free? (10:42)
Dentistry is a relationship business (18:44)
The clinical questions you need to ask yourself (23:45)
What do the patients think about this? (25:54)
Time for a quick Q&A (29:44)
Additional Resources:
Are you ready to take your dental business to the next level? Register for my live event today at: https://superchargeyourdentalpractice.com/
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This podcast is sponsored by Dental Intelligence. Learn more at: https://www.dentalintel.com/
This podcast is sponsored by The Doc Sites, the leading provider of websites and online marketing for dentists. Find out more at: https://www.docsites.com/
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