Miscellaneous
In this week's episode, Gary Takacs will be diving deep into a metric that 9 out of 10 dentists involved in PPO plans are completely unaware of. The title of the episode is - The one metric you must know if you're a PPO practice. PPO’s are thieves that keep robbing you. That is what Gary thinks of the PPO plan. A lot of dentists are involved with insurance companies to get new patients into their practice, but they are unaware of the money they pay insurance companies in adjustments. An average insurance adjustment paid is between 42 - 44% of your income, and in some practice, it might be over 50%. But a general number will be between 40 - 42%. In this week's podcast, Gary will be sharing methods you can use to track the cost of insurance adjustments that you are paying through your practice management system. He will also share examples of how blind dentists have been regarding the amount of money they have paid, as insurance adjustments.