Solving Dentists’ Problems
- Reimbursement Increases
- Insurance Negotiation
- Team Satisfaction
- Patient Retention
- Revenue Growth
Empowering Dental Offices To Solve Their Biggest Problems
Dental Offices across the country are struggling to absorb the skyrocketing operational costs while continuing to accept the low reimbursements from dental insurance companies.
The pressure to remain profitable leads many doctors to pack their schedules full of patients without realizing the increase in revenue.
Unpredictable fee schedules, overly complex billing, and poor disclosure about plan reimbursements create additional frustrations and time constraints for doctors and their office managers.
Outside of the Doctor’s control, the constant creation and deletion of network leasing inserts confusion and tension between providers and patients.
Here’s What S101 Can Do For Your Dental Practice
Save money, keep patients, make more!
We recognize that your patient base is the lifeblood of your practice. We also acknowledge that factors like write-offs, ‘bundling’, non-covered services, and denials may be overshadowing the benefits derived from your patient base. Leveraging insights from the analysis of over 20,000 individual group IDs across 10,000+ businesses nationwide, we offer recommendations rooted in real-world data to rectify and restore the delicate balance in your practice. Save money effectively and secure the loyalty of your patients with our strategic insights and actionable solutions.
Education and Team Satisfaction.
Discover the full potential of your practice with S101’s cutting-edge techniques and communication strategies. Seamlessly navigate transitions and address patient concerns with confidence. As a dynamic, project-based firm, we prioritize transparency, unwavering support, and a client-centric approach. Unlike others, we’re not here to upsell additional services or revolutionize your practice. Instead, we pinpoint and rectify the root cause, ensuring a sustainable solution.
Integrity. Alignment. Zero Conflict-of-Interest.
Experience a commitment to your success like never before. Our dedication to transparency is embedded in our unwavering independence. S101 stands proudly as a privately held company, upholding its fiduciary responsibility to clients with unparalleled dedication. So deeply do we believe in this principle that we expressly document it in writing for every single project. Trust in a partnership where integrity, alignment, and a zero-conflict-of-interest stance are not just values – they’re the foundation of every case we undertake.
We’ve developed custom analytics software to create accurate models of your current situation. We’ll help you collect the relevant info we need from your practice, which our system will evaluate against more than 40 million market data points. Then we’ll create a step-by-step strategic plan for you based on our findings.
Before you make the final decision to work with us, we’ll meet to present our full report and custom strategy. We use objective data to forecast revenue and savings by following our recommendations. Once we agree that Solutions101 is a good fit for your practice, we can sign a service agreement and get to work saving you money.
We put your plan into action, guiding any necessary changes that will allow you to optimize your revenue growth and savings without negatively impacting your patient base or practice. We’ll monitor progress closely, ensuring the process moves efficiently and objectives are fulfilled.
04. Revenue and Retention
We’ll work directly with your staff to provide education, tools, and resources to help make sure your patients understand what’s changing and know that you’re on their side.
Our clients typically see a total patient attrition rate of only 2-5% by the time we finish their case, ensuring a sustainable solution for your practice.
At Solutions101, we share the same goals as our clients: financial security, control over our income, freedom to decide how we spend our time, and the power to make the best decisions for our clients without interference.
We’re called Solutions101 because we solve the fundamental problems that many Dental Practice Owners face in their businesses: clear & defined dental benefit knowledge, revenue, and patient retention.
That’s where we come in.
We empower Dental Practice Owners to be more confident Business Owners by giving them the knowledge and tools they need to continue their own success.
Read our collection of in-depth client case reviews to learn more about our process and the impact we’ve had on dental practices like yours.
“If you have any sort of insurance involvement at your practice you need to have a conversation with them. In my experience, I haven’t found anyone who has better knowledge and understanding of the dental insurance industry. You don’t know what you don’t know, but Solutions 101 does.”
Office Manager at Sodorff & Wilson
“We barely saw a tangible impact on our patient base. It was very little. For example, most patients didn’t even know that when we dropped MetLife it switched over to GEHA Connection, and it didn’t impact the patients at all. But it gave us a 30% raise. They didn’t even notice the difference.”
office manager at Stillwater dental assoc.
“I know we can call S101 if we need to whenever we have questions. Different insurance companies have tried to get us to go back in network with them plenty of times, and there’s so much that changes with different policies all the time. We actually had s101 come in and help us out last year. We went through our book a second time, and we didn’t really make any big changes. But just having them available to look at our contracts and make sure everything looks good, that’s a huge benefit for us.”
Pediatric Dental Specialist at Kids Dental Specialists
“Revenue went up overall. And our revenue per procedure and per patient went way up. We were able to cut down on the number of patient encounters we have, so it’s not even working less for the same money. It’s working less for more money. Really just a gigantic win on our end.”
office manager at Edmond Family Dental Designs
“Solutions 101 had a huge financial impact on our practice. I don’t have the exact numbers in front of me, but all our reimbursements went up a large percentage. And I think it’s also made us all more knowledgeable and more aware of how insurance works. We’re able to be more direct with our patients about their costs up front. We don’t look at it from the point of view of, ‘what will your insurance cover,’ now we focus on talking about treatment. Educating them on why it needs to be done, what the treatment is, the cost of that.”
Schedule An Initial Consult
You should feel confident that your decision to work with Solutions101 is based on objective data, an accurate forecast of ROI, and the high standards we hold ourselves to. That’s why before we ever agree to take on a new case, or your money, we offer a full data analysis and create a comprehensive strategy and sequential plan of action for your practice.
Get In Touch
Considering Dental Insurance Negotiation to take charge of your revenue, Solutions101 is here to help.
Oklahoma City, OK 73116
Still not convinced? Here’s some more info to help you make your decision.
All of our clients share the same primary concern about working with us to reposition their insurance contracts and network statuses: what about losing patients? Won’t they go somewhere else if we leave the networks their plans access? How are we going to increase our income without increasing our patients’ expenses?
S101 was invited to join this webinar with Wendy Kelly from Paladini Financial. They dive into the complexities of insurance negotiations and share practical insights on restructuring payor contracts. We explore the challenges posed by market saturation, patient and employer plan selections, shifting leased network connections, fee setting, and compliance with contract terms.
The insurance industry is deeply entrenched in the majority of dental practices in America. Practice owners have to become more educated about how different plans work, how and why they pay differently, how insurance networks are linked together via provider leasing agreements, and what plans their patients are bringing to their office specifically.
One PPO can “lease” their network of dental providers to another, so the dentists in-network with the first PPO must accept patients from the second as in-network, even though they might not have a direct contract with those patients’ plans.
So, patients have more options for dental providers, and providers have a much wider pool of potential patients who can see them in-network. What’s the downside?
There are several.
How do self-funded plans work, and how are doctors reimbursed differently when patients use them instead of fully insured plans? Why is important to know all of the plans your patients are bringing into your office? How do different plan types determine the options you have for leaving low-reimbursing networks?
Many feel trapped in upside down insurance contracts by the fear that they’ll lose all their patients if they leave. And yes, this probably is the single biggest thing you need to worry about.
You can’t just exit all your contracts at once, you’ll destroy your patient base. But it is very possible to completely change your dental benefits contract situation, dramatically increasing your revenue, while also retaining the vast majority of your current patients. It just has to be done methodically, strategically, one step at a time.
Does that seem like an odd question? After all, providers aren’t charged when they join a new dental insurance network. It’s mutually beneficial, isn’t it? Providers get access to more patients, and insurance companies get another provider to add to the network they offer to their subscribers. Everybody wins, don’t they?
The operating expenses of owning a dental practice have skyrocketed in the past three years. Materials, supplies, and PPE are more expensive due to supply chain issues and inflation. And as the demand for good hygienists has grown sharply, so has the cost of your office’s payroll.
There are many factors contributing to the revenue and cash flow issues many dental offices need to overcome this year. Materials and supplies are more expensive, payroll is higher than ever, and inflation is affecting the entire economy. But the problem at the front of many practice owner’s minds is likely the low reimbursement rates they’re receiving from insurance carriers.