Ep. 47: Arvind Philomin, DDS – Building a 100% Fee-for-Service Practice

 

Dr. Arvind Philomin is an MGE Power Program graduate and owns and operates one of the most productive dental practices in the U.S. Dr. Philomin started out almost completely reliant on low-reimbursement insurance plans, and since then has transitioned his practice to being completely fee-for-service—while seeing 3,000% revenue growth! We brought him on to share his experience and advice for dentists that want to get out of the managed care game.

Links:

Care to Share Program – https://www.mgeonline.com/care-enough-to-share-program/

The MGE New Patient Workshop - https://www.newpatients.net

The MGE Communication & Sales Seminars - https://www.mgeonline.com/abc

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Questions From This Episode

What first made Dr. Philomin realize insurance driven dentistry wasn't working?

Treating a 19 year old patient's mouth full of cavities using only the fillings his insurance plan would cover, then watching those same fillings fail and break within two years, leaving the patient without back teeth in his early twenties, a direct result of doing what the plan allowed rather than what the patient actually needed.

How did dropping the first plan actually affect revenue?

Collections went up, not down, almost immediately. He no longer had to perform three insurance reimbursed crowns just to match what one full fee crown paid, and suddenly had far more time to properly educate and treat each patient. That first plan represented roughly 40 percent of his patient base, and he still retained 10 to 15 percent of those patients even after dropping it.

How long did it take to go from almost entirely insurance based to fully fee for service?

About four years. Starting in 2011, he dropped the worst performing plans first and worked upward, finally dropping the last plan in 2015, one that actually paid his full fee already, mainly because the insurer kept dictating clinical treatment decisions he didn't agree with.

What kind of marketing kept new patients coming in during the transition?

Initially just a simple Care to Share referral card program and one dedicated staff member focused on keeping the office clean and asking existing patients for referrals, no paid external marketing at all from 2011 to 2015. Digital marketing, social media, and real SEO only came later, starting around 2016.

What does Dr. Philomin recommend to a dentist who wants to make this same transition?

Get real training in sales and business management first, since dental school teaches clinical skill but essentially nothing about running a business or getting patients to actually accept treatment. Building that foundation, treatment planning, sales, and basic management structure, makes the eventual shift away from insurance dependence dramatically easier and more sustainable.

Episode Transcript

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Ep. 48: Building the Perfect Dental Receptionist

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Ep. 46: Getting Serious About Your Hygiene Department, Part 2