In this discussion on the dental buyer’s journey, the focus is on credentialing and fee negotiations. Starting credentialing early is crucial, but confidentiality agreements during sales can complicate matters. Delays in credentialing can halt income generation, impacting new businesses. Contrary to misconceptions, it can take months.
In this episode, learn how you can strategize to mitigate income disruptions during transitions and understand the realities of credentialing timelines.
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Time stamps
- 00:01:34 – When should a buyer of a dental practice get started on credentialing?
- 00:05:24 – If a buyer is not in-network by the close date, what options do they have?
- 00:09:53 – How long does it take to get credentialed with insurance?
- 00:11:17 – Are there any big risks if a buyer takes over a PPO practice to where the buyer does not get credentialed and stays fully OON?
- 00:15:02 – What about NPI numbers? Is it critical to have a type 2 business NPI before your credentialing starts?
- 00:16:33 – Is it a good idea to negotiate your fees before you start the credentialing process?
- 00:18:47 – What credentialing resources are available out there if a doctor needs help with credentialing?
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