Today, most practices participate widely in 5 or more insurance networks. As a result, you are focused on increasing reimbursements to maintain your standard of care, staffing and income.
In considering a partner to help you increase reimbursements, consider the following:
– Why have my fees decreased or remained stagnant while my costs continue to rise?
– What do I need to do to prepare to negotiate with insurance companies?
– How much better can 5Lakes negotiate than my office manager?
– Really, how crazy is the insurance game today? Do I need a company to help?
Step 1 – Determine Appropriate PPO Participation
The 5Lakes proprietary Insurance Analysis results in a customized insurance participation strategy for your office.
|Maximize insurance reimbursements with PPO negotiations and optimizations||X|
|Collection, analysis and ranking of PPO fee schedules across more than 20 insurance plans||X|
|Assistance in setting office fees based on market data||X|
|8 credentialing applications||X|
|2 hours of staff insurance training with an insurance workbook for your team||X|
|EOB Support to ensure claims payment accuracy||X|
|Five Lakes Startup Guide||X|
Additional Startup Services
The 5Lakes Market Analysis is ideal for doctors interested in scouting a potential location or to supplement a startup analysis.
✓ Listing of local competitors and the PPO’s they participate with
✓ Research local employers to determine if they offer dental benefits and if so, which carriers