If I told you that I could help reduce your expenses by an average of $5,000 per year, just by making a few small changes that take two to four hours to implement, would you like to know how to do it?
The change is simple really. Look at what your “eServices” are costing you. Your eServices include things like electronic claims processing, online data backup and more. The secret in the dental industry is that these items historically have had extremely lucrative profit margins for businesses that provide services to the dental profession. The key to making a significant and immediate impact on these costs is to find a third partner that will integrate these services with your practice management software.
Practice Management Software companies make a great deal of their profits from their support and eServices contracts. By using an outside vendor for your eServices, you start saving money on the first day you make a change
Let’s look at a few examples:
Large Practice Management Software Company 1 | Large Practice Management Software Company 2 | Another Partner: Digital Dental Record | Estimated Savings by Switching to Digital Dental Record | Time to Implement | |
eClaims Assumes (assumes 250 claims p/m) |
$.50 per claim | $.45 per claim | $.24 per claim | $750 Annually | 2-3 hours
|
Cloud backup (assumes 200GB) |
$475 per month | $450 per month | $120 per month | $4,300 Annually | 1 hour |
Estimated Annual Savings | $5,050 Annually |
The proof is in the numbers. With reimbursement margins eroding, now just might be the right time to make this simple switch.