Planning Your PPO Negotiations

PPO negotiations are an exercise in communicating your value and focusing efforts appropriately to achieve agreement. For more than 10 years, Five Lakes has negotiated with payers to help clients achieve higher PPO reimbursements. As expert dental negotiators, our customized approach has resulted in millions of dollars of financial gain for our clients.

We are periodically challenged with the question from prospective clients, “how good are you?” or “can you do it better than me?” To answer this challenge, we wanted to share some about our process. Perhaps similar to an automobile service garage, at Five Lakes, we have a 20-point inspection.

For practices considering PPO negotiations, we will highlight some of the effort that goes into our 20-point process over the coming weeks. Today, we start with what.

What Are We Negotiating?

First, you must understand what you are trying to accomplish. What are the variables in a PPO negotiation between payer and provider?

  • Better PPO reimbursements?
  • Consistent fee schedule across multiple locations?
  • Customized fee schedule to incorporate specialists?
  • A shorter contract term ?
  • Admittance into an exclusive panel?
  • To include some providers in-network but not others?

Once you have identified your purpose to initiate a negotiation, you must next consider what you are looking to accomplish in terms of outcomes.

ALL POSTS

Recent Posts

Practical Tips to Drive Patient Volume II - Fall 2020

Read practical tips to drive patient volume this fall. Tip #2, find hygiene appointments to fill the schedule.

PPO negotiations are an exercise in communicating your value and focusing efforts appropriately to achieve agreement. For more than 10 years, Five Lakes has negotiated with payers to help clients achieve higher PPO reimbursements. As expert dental negotiators, our customized approach has resulted in millions of dollars of financial gain for our clients.

We are periodically challenged with the question from prospective clients, “how good are you?” or “can you do it better than me?” To answer this challenge, we wanted to share some about our process. Perhaps similar to an automobile service garage, at Five Lakes, we have a 20-point inspection.

For practices considering PPO negotiations, we will highlight some of the effort that goes into our 20-point process over the coming weeks. Today, we start with what.

What Are We Negotiating?

First, you must understand what you are trying to accomplish. What are the variables in a PPO negotiation between payer and provider?

  • Better PPO reimbursements?
  • Consistent fee schedule across multiple locations?
  • Customized fee schedule to incorporate specialists?
  • A shorter contract term ?
  • Admittance into an exclusive panel?
  • To include some providers in-network but not others?

Once you have identified your purpose to initiate a negotiation, you must next consider what you are looking to accomplish in terms of outcomes.

Practical Tips to Drive Patient Volume - Fall 2020

Read practical tips to drive patient volume this fall. Tip #1, continue to communicate your offices protocols to keep patients safe.

PPO negotiations are an exercise in communicating your value and focusing efforts appropriately to achieve agreement. For more than 10 years, Five Lakes has negotiated with payers to help clients achieve higher PPO reimbursements. As expert dental negotiators, our customized approach has resulted in millions of dollars of financial gain for our clients.

We are periodically challenged with the question from prospective clients, “how good are you?” or “can you do it better than me?” To answer this challenge, we wanted to share some about our process. Perhaps similar to an automobile service garage, at Five Lakes, we have a 20-point inspection.

For practices considering PPO negotiations, we will highlight some of the effort that goes into our 20-point process over the coming weeks. Today, we start with what.

What Are We Negotiating?

First, you must understand what you are trying to accomplish. What are the variables in a PPO negotiation between payer and provider?

  • Better PPO reimbursements?
  • Consistent fee schedule across multiple locations?
  • Customized fee schedule to incorporate specialists?
  • A shorter contract term ?
  • Admittance into an exclusive panel?
  • To include some providers in-network but not others?

Once you have identified your purpose to initiate a negotiation, you must next consider what you are looking to accomplish in terms of outcomes.

CARES Act Provider Relief Fund

Dental providers affected by COVID have a number of resources available to support their successful re-opening. CARES Act monies are available through August 3, 2020.

PPO negotiations are an exercise in communicating your value and focusing efforts appropriately to achieve agreement. For more than 10 years, Five Lakes has negotiated with payers to help clients achieve higher PPO reimbursements. As expert dental negotiators, our customized approach has resulted in millions of dollars of financial gain for our clients.

We are periodically challenged with the question from prospective clients, “how good are you?” or “can you do it better than me?” To answer this challenge, we wanted to share some about our process. Perhaps similar to an automobile service garage, at Five Lakes, we have a 20-point inspection.

For practices considering PPO negotiations, we will highlight some of the effort that goes into our 20-point process over the coming weeks. Today, we start with what.

What Are We Negotiating?

First, you must understand what you are trying to accomplish. What are the variables in a PPO negotiation between payer and provider?

  • Better PPO reimbursements?
  • Consistent fee schedule across multiple locations?
  • Customized fee schedule to incorporate specialists?
  • A shorter contract term ?
  • Admittance into an exclusive panel?
  • To include some providers in-network but not others?

Once you have identified your purpose to initiate a negotiation, you must next consider what you are looking to accomplish in terms of outcomes.

Ready to learn more?

Let us help you get better insights into your marketplace so you can make more informed decisions.

Call us at 877.955.2537 or click the button below.

Let's Talk

We are happy to provide you with a free consultation and talk about your business goals.