MyPractice9 Expands Services to New York
Aims To End Private Practice Forfeiture Of Billions In Treatment Revenue.
LAKE FOREST, Calif., July 13, 2017 (Newswire.com) - MyPractice9 (www.mypractice9.com) announced today that the Company will begin offering its online services for connecting private practice dentists with itinerant dental specialists in New York on July 27.
"We are super excited to offer our platform to New York dentists and itinerant specialists. The fact is that when a private practice dentist participates in the tradition of referring patients to outside dental specialists they are voluntarily forfeiting practice revenue. Collectively, U.S. dentists forfeit $6 billion and $8 billion every year. New York dentists represent a large portion of this number and we hope to help change that situation," said Nicole Baker, National Marketing Director for MyPractice9.
When you consider that the incomes of general dentists have been declining year after year, the idea of referring our dental treatments and forfeiting substantial potential treatment revenue just doesn't make sense anymore.
Nicole Baker, National Marketing Director
Federal and state laws strictly prohibit compensation between medical professionals related to referral activity. MyPractice9 provides a platform for connecting private practice dentists with itinerant dental specialists like oral surgeons and periodontists for the purpose of providing in-house specialty dental treatments. This allows the dentist to become the record of revenue while the visiting specialist shares in the treatment income.
"We come from a biased perspective that specialty dental work should be performed by dental specialists. However, when you consider that the incomes of general dentists have been declining year after year, the idea of referring our dental treatments and forfeiting substantial potential treatment revenue just doesn’t make sense anymore," Baker continued.
"By bringing a specialist into their practice the general dentist can recapture as much as $30,000 in monthly treatment revenue and dramatically improve the patient’s dental experience," she added.
Dentists simply post a treatment request and indicate how much of the treatment revenue and cost they would like to split with the local specialists. The treatment post is then sent to dozens of local (county-based) oral surgeons, periodontists, prosthodontists, and endodontists and even well- qualified dentists who are willing to travel to the dentist’s practice to perform the procedure. Specialists then submit treatment proposals for the dentist to review. Once a specialist is selected, contracts are sent out to both parties.
MyPractice9 is free to dentists but specialists pay a monthly subscription fee to have unlimited access to the local treatment leads.
"We find that many of the subscribers are not just traveling specialists," Baker indicated. "There are a lot of brick and mortar specialists, surgeons, and periodontists who will venture outside of their practice to help their referral base."
The Company plans to ultimately release its services to 250 targeted counties nationwide.
Media Contact:
Nicole Baker
National Marketing Director
nbaker@mypractie9.com
877-422-6242
Source: MyPractice9, LLC
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