Podcast Episode #362: Vivek Kinra – Navigating the PPO Conundrum – Pain or Profit?
Episode #362: Dentist Freedom Blueprint Podcast
Vivek Kinra – Navigating the PPO Conundrum – Pain or Profit?
Today I’m joined by Vivek Kinra, owner of two large and fast-growing dental insurance consulting companies. He discusses how he got into the dental insurance industry and provides insight from his experience in building successful companies in a short amount of time. Vivek also helps to clarify the options available to dentists who want to better navigate insurance and negotiate more reasonable reimbursement.
Listen in to hear why Vivek quit his corporate job to enter the dental world, as well as how he transitioned from a solopreneur into a true CEO of multi-million dollar companies. You’ll learn how valuable it was to come into dentistry from a business perspective, the friction areas of business and insurance negotiation, and more.
2:00 – Vivek’s background in dentistry and business-building.
4:14 – His transition from a corporate career into dentistry.
8:10 – How B2B insurance negotiations work.
13:55 – How he uses software to verify insurance and patient eligibility.
17:48 – The insurance problem and if it will be around forever.
19:47 – Where things are headed when it comes to reimbursements in an age of inflation.
21:58 – How the option of going out of network works.
24:17 – The fee-for-service membership software and how that helps.
Featured on the Show:
Vivek Kinra: Facebook
What’s Your Next? by David Phelps
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.