Jim Philhower Dental Constulting
Dental Consulting Services
Dental Consulting
Coast to Coast I hear Dentists say “Jim I am working harder than ever and making less money!” Allow Philhower Dental Consulting to help you make sense of the puzzle pieces that make up the ‘business side’ so you can focus on providing clinical excellence and patient experience!
Confidently Reduce PPO Participation
Your practice belongs to you – not the insurance companies. The #1 reason for reduced cash flow and high overhead is due to decreasing insurance reimbursements! Participating in PPOs isn’t always a bad thing, but how many and which ones? We can assist you in taking the steps necessary to reduce your need to participate with PPOs and gain back your practice’s financial independence!
Proven Techniques to Lower Overhead and Increase Cash Flow
Every dental practice owner wants lower overhead. That goal is getting more difficult as dental practice overhead is at an all time high! It’s no secret – increased cash flow makes practice owners happy! There are many techniques and ways to make this a reality – many of which depend on your practice’s unique needs and operations. Together, we can discuss the only way to effectively reduce overhead and the proven strategies to achieve the goal of lowering overhead and increasing cash flow!
Hygiene Efficiencies
The Hygiene team is the foundation of a successful practice. Many practices are not aware of the acres of Diamonds that lie there! 75%-80% of doctor production, new patients, patient experience, increased case acceptance are all generated from the Hygiene team. Most practices have enough new and active patients. Together we will review your procedures to help you maximize your current patient base.
Coding Efficiencies
Are you leaving money on the table and don’t even realize it? Coding errors are predictable in today’s world and many practices do leave money in the hands of the insurance companies by improperly coding procedures on a daily basis.
Fee Balancing
Dr. Charles Blair says not having a properly balanced fee schedule is the number one financial mistake most dentists make in their career! Unfortunately we see far too many practices with fees below what the PPO would reimburse! A proper fee schedule is not only necessary for a profitable practice and keeping up with inflation but also as a baseline for PPO fee negotiations!
Case Acceptance
Do you know your case acceptance rate? Many dentists believe it’s as high as 85%, when in reality the national average is just 55%. We will examine what your true rate is, and together work to improve it! What would a 10% increase in Case Acceptance mean to your Practice?
KPI/Metrics Dashboard
PPO adjustments by Payer, Production, Collections, Active Patient Counts in Hygiene, Case Acceptance and dozens more KPIs are all tracked in real time! Monthly customized coaching calls utilizing these analytics and so much more will help ensure you are reaching your Practice Goals!