Running a dental practice can be challenging, especially when it comes to managing your in-house dental membership plan. While self-administration may seem like a simple solution, the truth is that it can lead to more headaches than solutions; the administrative burden and compliance hurdles can quickly turn into a nightmare. However, there's a better way.
By outsourcing your dental membership plan to a trusted third-party partner like Membersy, you can overcome these challenges and take your practice to the next level.
Here are 5 hurdles often faced with self-administration that Membersy can help overcome and make a world of difference for your dental practice:
1. Staying Ahead of Regulations
Dental practices are under increasing pressure to stay compliant with the ever-changing compliance requirements surrounding dental membership plans. With fines and penalties for non-compliance, it's essential that dental practices stay ahead of the curve. The problem is that not all in-house dental membership plans are compliant, and ensuring that your plan is up-to-date with the latest requirements is a daunting task. It takes time and expertise, which many dental practices simply don't have. With Membersy, you have the support of a team of experts who are well-versed in the latest compliance requirements and can help you stay up-to-date with your billing and compliance responsibilities. By outsourcing this task to Membersy, you'll save yourself time and effort, and ensure that your practice is compliant and protected from fines and penalties related to your membership plan.
2. Lack of Analytics & Reporting
Without the right tools, it's difficult to know if your in-house dental membership plan is working or not. It's a bit like navigating a ship in the dark, with no compass or stars to guide you. With Membersy, you have access to a portal that provides membership plan analytics and reporting tools to help you make data-driven decisions and improve your results. You'll be able to track your progress and make informed decisions about your membership plan, which will ultimately lead to better outcomes for your practice.
3. Outgrowing Your Membership Plan
As your practice grows, so does your dental membership plan. Unfortunately, many in-house plans lack the architecture to handle the growth of your organization, which can lead to operational issues that can be difficult to resolve. With Membersy, you'll never have to worry about outgrowing your membership plan. Our platform is built with scalability in mind, and we've already addressed the operational issues that many in-house plans have yet to even find out about. By switching to Membersy, you'll have the peace of mind to focus on scaling your practice, knowing that your membership plan will keep pace with your growth.
4. The True Cost of Self-Administering
There's a common misconception that third-party dental membership plans are too expensive. While it's true that you may have to pay a fee for using a service like Membersy, it's important to consider all the soft costs involved, not just the hard costs. When you factor in the time and resources saved by outsourcing administrative tasks, a third-party solution like Membersy can be much more cost-effective in the long run. Additionally, you'll save money by avoiding costly errors and compliance violations, which can add up quickly.
5. Leave the Administrative Hassles Behind
The reality is, most dental practices don't have the resources to handle the administrative burdens of managing their own plan, and it often results in significant stress and headaches for their team. Managing an in-house dental membership plan is a complex and time-consuming task that requires experienced staff, specialized tools, and a dedicated team. Studies have shown, the average dental practice spends over 20 hours per week on administrative tasks, including managing their membership plans. This leaves little time for dentists and staff to focus on what they do best - providing quality care to their patients.
With Membersy, dental practices can say goodbye to the administrative burden of managing their own membership plan and let our team of experts handle it for them. Our platform is designed to save you time and money, provide you with valuable insights and analytics, and keep you compliant with the latest regulations so you can relax and focus on your practice.