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The Importance of Consistency in Marketing and Business
Consistency is key to growing your practice and succeeding where others have failed. However, consistency doesn’t mean self-reliance. As with any thriving business, successful dental practice owners recognize their strengths and challenges and surround themselves with the skill set needed for success. To run a successful practice, you must run a successful business. . Setting…
Read MoreThe Healthcare Real Estate Core Process
At KLAS Solutions, we understand the intricacies of purchasing and selling healthcare real estate. Numerous nuances in the process can result in the savings or loss of tens of thousands of dollars. With our extensive experience and expertise in the healthcare real estate industry, you can count on our team for trusted representation, the most…
Read MoreCigna to require medical records for all modifier 25 claims
In late May, Cigna announced that it will begin requiring the submission of medical records with all Evaluation and Management (E/M) claims with CPT 99212-99215 and modifier 25 when a minor procedure is billed.IModifier 25 allows separate payment for a significant, separately identifiable E/M service provided on the same day as a minor procedure or…
Read More10 Strategies To Increase Your Practice’s Sale Value
Even though practice values continue to soar, not every dentist will benefit. Without proper planning and preparation, you could end up with as little as 50 percent of your practice’s true value. Here’s a look at ten strategies that will help increase the sales value of the practice you’ve worked so hard to build and…
Read MoreEffective Leadership: An Essential for Every Successful Practice
You don’t have to be born a “natural leader.” With training, everyone can grow and learn new skills to become a great leader.Here are some questions for self-reflection:1. Do I Lead By Example? Leadership starts with you. Leading by example is what successful leaders do. Not only will you inspire your team to strive for excellence,…
Read MorePart Two: Equity Strategies if You Own the Real Estate
At the risk of stating the obvious, real estate ownership builds equity over time. For many physician groups, there is a benefit to unlocking that capital which would otherwise stay in the building and putting it better use. If you own the real estate that you practice out of, a Sale Leaseback transaction can be…
Read MoreNotice for BCBSM Providers
DentaQuest Jan 15, 2020 Notice for BCBSM Providers related to incorrect benefit info for members IMPORTANT! There are approximately 2,500 commercial groups that are currently reflecting incorrect benefits in Blue Cross Blue Shield of Michigan systems. This impacts how covered benefits are appearing in the portal for your patients. Below are some examples: Member is showing covered…
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