Changes In Idaho Medicaid Mean Changes To Dental Business
Changes to the way Medicaid is administered in Idaho may leave some in the dental business scrambling. The state recently awarded a management contract to DentaQuest, a Wisconsin firm. DentaQuest says it will eliminate about one-third of the state’s current Medicaid dental providers in an effort to trim the cost of providing dental services. These cuts may leave some practices scrambling for dentistry business financing to make up for the lost Medicaid revenue.
Typically under Medicaid, providers agree to accept a lower-than-customary reimbursement from the state for providing dental services to Medicaid recipients. Dentists are not required to accept Medicaid and many do not. The reduction in providers from about 600 to about 400 means that some dental practices will lose a significant portion of their revenue. Some speculate that certain dental practices may have to resort to layoffs or even bankruptcy in response to the cuts.
If you’re looking for a quick source of dentistry business financing, you should know that Rapid Capital Funding, a leader in small business financing, can put up to $250,000 in your account in a matter of hours. Our business cash advance provides fast, affordable dentistry business financing without the hassles of going to a bank or other commercial lender.
If you generate at least $2,500 each month in credit and debit card receipts from your dentistry business, financing is practically a sure thing! Our business cash advance will provide you with the cash you need up front, and an easy, reliable way to repay the advance that won’t leave your dentistry business short of cash each month.
Contact Rapid Capital Funding today and let us show you how to give your dentistry business a cash infusion.
Photo Credit: k::snyder, via Flickr
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