Is It Time to Ask for Help with Insurance Credentialing?
When you’re running a dental practice of any size, there are several things you have to learn to get good at beyond practicing dentistry.
For many dental health experts, the business side of running the practice often poses the biggest challenges. For example, just the process of seeking the right insurance companies to partner with and going through the exhaustive process of applying for credentialing can be more time and resource consuming than you might expect. Even the most experienced dentists and practitioners may sometimes need help ensuring that the credentialing process doesn’t become too much of a burden.
Getting help as a new dental practice
Newer dental practices often have the hardest times with the credentialing process, mostly because they aren’t prepared for just how much time and effort they have to invest in it. In addition to every other responsibility that comes with opening and establishing a successful practice, applying for credentialing is essential to getting the practice off on the right foot. To make it easier, new practices can especially benefit from having a trusted team of experts handle the bulk of the application process for them.
Having a team help you renegotiate
For practices that have been established for a while already, time and a growing patient base may have positioned them to warrant much more favorable rates with one or more of their insurance company partners. Now may be the time to revisit this position by renegotiating with the company, and that can often require going through the credentialing process all over again. However, being more established doesn’t necessarily mean you have more time to dedicate to this process, so it’s worth working with a team of PPO experts.
Choosing credentialing before expanding
Over time, your practice may have grown so favorably that it’s time to think of expanding, such as by adding one or more additional locations. For each new location, there’s a new base of patients to serve, and the location will need its own credentialing to do so properly. If you’ve already worked with a team of experts for your previous credentialing applications, then reach out to them again to help you prepare to expand your practice successfully.
Learn how our credentialing experts can help you
Being credentialed with the right insurance companies and at the most favorable rates can be vital for your practice’s growth, and the right team of experts can help ensure you get it right the first time. To learn more, or to let us streamline the process by handling it for you, contact PPO Experts today!