Sikka Software, San Jose, Calif, a business intelligence software provider for healthcare and small business communities, and the American Dental Association (ADA) are offering all ADA members a free, 6-month trial of the new ADA Benefit Plan Analyzer (ADA BPA). The ADA Benefit Plan Analyzer is designed to help dental professionals 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 can score different benefit plans. Users 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.
In addition, users 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.
The ADA Benefit Plan Analyzer also allows users to 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,” remarked 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.”
The ADA offers easy enrollment for the free 6-month trial by visiting: http://success.ada.org/freeBPA. Non-ADA members may also purchase the tool through the ADA catalog.
Sikka’s software apps are used by more than 16,000 healthcare providers and, according to the company, their apps are compatible with 96% of practice management systems.
