July 2020
PPE Reimbursement Program Deadline Extended
DDCO is offering a personal protective equipment (PPE) Reimbursement Program for our Delta Dental PPO™ and Premier® network providers in Colorado. This temporary program is designed to help our network providers adjust to the added cost of PPE.  The deadline to sign up for Direct Deposit and be eligible to participate in the program has been extended to July 13 (for June and July payment only) .

Overall, for the first month of this program, Delta Dental of Colorado has paid out nearly $600,000 to more than 1,200 providers to help with the additional cost of personal protective equipment to safely reopen to their patients.  

To be eligible for the PPE Reimbursement Program, providers must:
  • Be enrolled in the DDCO PPO or Premier network as of the date of service.
  • To enroll in the Delta Dental PPO or Premier network, go to www.deltadentalco.com/participating-provider-info.aspx and follow the instructions.
  • Currently participate in DDCO's EFT/Direct Deposit or enroll by July 13, 2020 (new Direct Deposit enrollees will only be eligible for June and July reimbursement payments).
  • To enroll in Direct Deposit, go to www.deltadentalco.com/uploadedFiles/Dentists/DirectDepositForm-Provider.pdf for a form that can be filled in online, saved, and emailed or that can be filled in online, saved, and emailed or that can be printed, filled out, and faxed. Submission must include a voided check (can be an image file). Fax or email this form and check to 303-741-2230, Attn: Network Management or profservices677@ddpco.com.
Provider COVID-Related Financial Assistance Poll
In an effort to continue seeking out ways in which to support our provider community, we'd like to learn how COVID-19 has affected the financial state of dental practices in the DDCO network. Please take a few minutes to complete this short, anonymous survey.
Has your practice considered obtaining COVID-related financial assistance?
Yes
No
Do you anticipate needing COVID-related financial assistance?
Yes
No
For information regarding the provider recovery loan program, contact Becky Fuller from Colorado Enterprise Fund at becky@coloradoenterprisefund.org or 720-828-6256.
Extended Term Limits on Provider Recovery Loan Program
Delta Dental of Colorado Foundation is sponsoring access to $7.5 million in low-cost, low-interest loans  (3.5%) to providers across the state. The program is being managed by a local Community Development Financial Institution (CDFI), Colorado Enterprise Fund (CEF), and is providing dental practices, nonprofit clinics, and community health centers in Colorado with access to capital through a relief loan  that will help support them as they reopen their practices and comply with COVID-19 protocols. 

We have recently updated the term of the loan from three to five years. Loans up to $50,000 per practice are available at a 3.5% interest rate to the borrower, first six months payments are interest only, principal repayment starts after six months, no prepayment penalty . This is a much lower interest rate than you would get going to a commercial lender for a loan of this size. The program has also underwritten origination fees and will provide business coaching services to all borrowers to help navigate these difficult times.

This NOT a loan with DDCO or DDCOF. This is a loan with Colorado Enterprise Fund. DDCO is NOT sharing any information on our providers with CEF and CEF is not sharing any information about provider applications with DDCO or DDCOF; we are just sponsoring the program with the funding.

For the loan criteria and application information, go to  coloradoenterprisefund.org/loans/delta-dental-covid19-relief-fund/ . If you would like additional information on the loan program please contact CEF loan officer Becky Fuller at becky@coloradoenterprisefund.org or 720-828-6256.
Smile Power™ Heroes
Dental providers have been going above and beyond for their patients during this unprecedented time. We've heard from some of you on how you've supported your community in our  Smile Power™ Heroes  series. 

If you'd like to be featured or know someone who should be featured in our series, let us know by completing  this form . We're excited to continue telling your stories!
CPR Class Reminder
As an organization focused on oral and overall health in Colorado, Delta Dental of Colorado is committed to taking reasonable steps to keep our communities as healthy as possible. Because of the continually evolving novel coronavirus health emergency and to ensure the health of trainers and participants, we have cancelled CPR classes for the remainder of 2020. 

If you need to renew your CPR & AED certification, the Metro Denver Dental Association has available classes coming up in September, or you can contact  profservices677@ddpco.com for more recommendations. 
INDUSTRY NEWS
A DA Thanks Lawmakers for Introducing PPE Tax Credit Legislation
Ada.org, June 26, 2020
The ADA is supporting a new bill calling for a $25,000 tax credit for small businesses, including dental practices, to purchase personal protective equipment to reduce the risk of COVID-19 transmission.