HealthScape Advisors, a healthcare management consulting firm, has launched its first annual Dental Plan Administrative Expense Survey, which focuses on administrative costs and key operational benchmarks of dental plans only, the company announced.
The survey will allow participating dental plans to confidentially benchmark their organization's operating expenses by major functional area against all other survey participants utilizing numerous key evaluation metrics. Results will be compared and presented against the blinded set of participating organizations to allow for meaningful evaluation of all functional areas and major cost elements across all other companies of varying size and market focus.
"This survey will provide dental plans with a detailed snapshot of how their administrative performance stacks up against other plans in the market," said Kyle Stern, managing director of HealthScape Advisors. "This information will be a powerful turnkey tool for dental plan leadership teams to pinpoint strengths and weaknesses and develop operational strategies to remain competitive in an evolving marketplace."
Dental plans can sign up to participate through February 25, 2011. Summary results will be provided in June 2011 after all data from the survey have been collected, assessed, and analyzed. The survey will be conducted with security procedures to guard the privacy of all survey participant data, the company said.
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