Frequently Asked Questions
Everything you’ve ever wondered about dental membership plans: how they work, who they’re for, and how quickly they can change everything for your practice.
What is a Dental Membership Program?
A dental membership program provides comprehensive preventive care and discounted restorative treatments for a low monthly or annual fee.
Why is open enrollment a great time to sign up patients for a dental membership plan?
Open enrollment is a time of transition for insured patients. This is a great time to send them information about your dental membership program. Ask them to evaluate the cost and coverage of their insurance vs what your membership plan offers them. Better yet, do the analysis for them! Don’t forget the kids aging out their parents insurance…
What are the practice benefits of Dental Membership Software?
- Eliminate your dependence on insurance companies and increase treatment acceptance.
- Recurring revenue — two of the best R words in the English language!
- Patient loyalty — you know them and love them, make sure they feel the same about you.
Is Dental Membership Software Right For You And Your Practice?
With membership plan software, you can offer your patients affordable membership plans that still generate 30 to 50 percent more net revenue than insured patients.
Aside from the immediate revenue and profit that Dental Membership Plans deliver every day, week, and month of a practice’s operation, the long-term impact of an effective Dental Membership Plan is nothing short of astonishing. The long-term endgame of any practice should be to maximize a return on equity when a practice is sold or a dentist retires.
Membership plans also offer the following:
- Automation of repetitive tasks
- Improved dental practice management
- Automated payment and collections
- Dashboard and reporting
How can I build successful in-house dental membership plan?
Before starting your own membership plan, here’s 5 things to consider:
- How will you structure your membership plan and what to charge?
- How will you collect membership fees?
- How will you track and manage members?
- When will you train the team on how to offer your in-house plan?
- How will you market your plan to new and existing patients?
Once you can answer these questions – you’re on your way to building a successful in-house dental membership plan.
When should I implement a Dental Membership Program?
You’re definitely ready for a dental membership program if you can answer yes to any two of these 5 questions:
- Do you have uninsured patients?
- Do you have patients going through job changes or divorce?
- Are you tired of feeling controlled by PPOs?
- Are you ready to grow your practice with new and returning patients?
- Do you need a revenue stream independent from insurance?
How can dentists increase patient retention?
Dental membership plans are a great way to increase patient retention. They offer patients predictable, affordable preventative care and discounted restorative treatments, removing the confusion and hassle of insurance. Patients appreciate the transparency and value, leading to increased appointment attendance and treatment acceptance. This ultimately results in stronger patient relationships and higher revenue for the practice.