Coronavirus impact on dental practices: Membership plans (If you want more revenue, watch this.)
Some dentists may be considering starting an in-house insurance plan, called a membership plan. Jordon Comstock founded and is CEO of BoomCloud, and he said business has been picking up lately. He describes a membership plan as being similar to Amazon Prime, offering discounts and other benefits to members. He explains what you need to look at in your practice while considering a plan, how a plan provides an automatic revenue stream, and what you want to offer and what you plan to charge for the plan.
Dr. Pamela Maragliano-Muniz asks Comstock many questions from a dentist’s perspective. BoomCloud is designed to facilitate whatever plan a dentist chooses. Learn more about membership plans and whether starting one is right for you in this interview.
Editor's note: To view more informative videos about COVID-19 and dental practices, and to read all of the latest information about how the pandemic has impacted dental offices, visit the DentistryIQ COVID-19 Resource Center.