The Dentalpreneur Podcast w/ Dr. Mark Costes 2067: Mastering Dental Insurance
Sep 6, 2024
Vivek Kinra, a serial dental entrepreneur and founder of Verrific, shares his insightful journey toward modernizing dental insurance verification through AI and crowdsourcing. He discusses the hurdles faced in PPO fee negotiations and emphasizes the need for innovation in dental practices. The conversation explores the emotional landscape of business growth, the importance of community in finding fulfillment, and the critical role of data accuracy in enhancing operational efficiency. Tune in for a blend of entrepreneurial wisdom and practical solutions!
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Building PPO Profits Journey
- Vivek Kinra described building PPO Profits as one of the best phases of his life despite its challenges.
- He credited luck, good hiring, and intense training for creating a strong, niche fee negotiation team.
Master Training and Communication
- Invest heavily in training and onboarding to develop specialized skills in your team.
- Focus on optimizing communication to anticipate questions and reduce delays in processes.
Choosing Benko Dental Acquisition
- Vivek received acquisition offers soon after raising money for Verific but chose Benko Dental due to personal connection and company culture.
- The acquisition process took about eight months and was emotionally significant for him and his team.
