American Dental Association and Sikka Software introduce the ADA Benefit Plan Analyzer
New tool helps dentists compare insurance plan costs and benefits. A free six-month trial is now available to all ADA members.
Sikka Software and the American Dental Association announced today that all ADA members are eligible to receive a free, six-month trial of the new ADA Benefit Plan Analyzer (ADA BPA). The ADA Benefit Plan Analyzer is designed to help dentists evaluate potential revenue and costs of becoming a provider for dental benefit plans and compare the outcomes via the Sikka Software Platform Cloud.
Dental professionals who use the ADA Benefit Plan Analyzer are able to:
Score the benefit plan: This particular ADA BPA tool connects with the dentist’s practice management system, automatically pulling out key data points integral to evaluating insurance plans. Dentists can choose from a list of PPO and DHMO plans across the nation to evaluate. Based on practice-specific inputs, the ADA BPA scores the plan on a 100-point scale, providing a visualization of potential value that can be added to the practice. Each score is unique to a practice and accounts for differences in operational management.
Know the numbers: With the ADA BPA, dentists receive an estimate of not only gross revenue and overhead costs, but also the chair time and practitioner hours associated with serving the patients in the network. Estimates are based on practice inputs, allowing practices to better manage their capacities and administrative hours and ensuring all patients receive the time they need to achieve optimum oral health.
Compare multiple plans: Each dental benefit plan is different and by using the unique inputs from a practice alongside the proposed fee plan, dentists can compare plans side-by-side for quick and accurate evaluations. Side-by-side comparisons remove the guesswork from choosing insurance plans by providing standardized data that dentists need for objective evaluation.
“Previously, dentists have needed to guess which insurance plans will be profitable for their practice while also best serving the dental needs of their community,” said Vijay Sikka, CEO of Sikka Software. “With the ADA Benefit Plan Analyzer, dental professionals can make informed decisions about which insurances to accept, and feel confident they have made the best choice for their practice and their patients.”
More than 16,000 providers use Sikka Software apps worldwide. The apps are compatible with 96% of practice management systems and help dentists manage their practices by providing the critical information they need to make management decisions anytime, anywhere.
For more information about the ADA Benefit Plan Analyzer as well as all Sikka Software practice management solutions, visit sikkasoftware.com.