In this episode of the KiDDS Biz Podcast, we explore the intersection of orthodontics and pediatric dentistry, discussing the journey of integrating the fee structures. We delve into the importance of partnerships, the role of a COO, and the challenges of navigating insurance networks. The conversation also highlights innovative membership plans and pricing strategies that enhance patient care and practice profitability. In this conversation, our guests delve into various strategies for optimizing orthodontic and pediatric dental practices. They discuss the importance of understanding profit margins, creative billing strategies for in-network practices, and maximizing insurance reimbursements. The conversation also highlights effective communication with patients regarding fees and treatment options, as well as the significance of simplifying fee structures. Additionally, they explore innovative approaches to treatment pricing, the integration of airway therapy, and future trends in the field.
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Chapters
00:00 Unlocking Success in Pediatric Dentistry 01:30 Journey to Dual Practice: Orthodontics and Pediatrics 09:11 The Role of a COO in Dental Practices 11:21 Navigating Partnerships in Pediatric and Orthodontic Practices 13:35 Out of Network vs. In Network: A Business Debate 19:03 Membership Plans: Innovations in Patient Care 26:33 Pricing Strategies for Orthodontic Services 32:12 Understanding Profit Margins in Orthodontics 34:05 Creative Strategies for In-Network Practices 35:36 Maximizing Insurance Reimbursements 39:01 Effective Communication with Patients 42:23 Navigating Insurance Codes and Billing Strategies 45:00 Simplifying Fee Structures for Patients 48:10 Innovative Approaches to Treatment Pricing 51:32 Exploring Airway and Myofunctional Therapy 55:29 Future Trends in Orthodontics and Pediatric Dentistry
orthodontics, pediatric dentistry, practice management, dental partnerships, insurance models, pricing strategies, dental marketing, COO role, patient care, dental practice growth, orthodontics, pediatric dentistry, insurance strategies, profit margins, treatment fees, patient care, billing strategies, airway therapy, practice growth, fee structures
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