Dental Support Specialties Blog

When humans are involved, mistakes are bound to find their way into a business. No matter how successful a dental practice is, the team can always improve in some way. Especially for practices that struggle, auditing your revenue cycle management can be extremely beneficial but also difficult to fit into an already tight schedule. Continue reading this post to learn why and how to make this revenue cycle management audit more feasible and dental billing more successful for your practice.

How do you measure performance? For athletes, timing their mile run, number of points, and other metrics allow them to identify what they do well and areas they can improve in. In a dental practice, what metrics do you need to know to discover how you’re doing? What are the key performance indicators (KPIs) for your dental billing you should keep track of consistently? Here are some of the main ones to measure on a regular basis.

If you want your small business to weather the economy for decades, you can’t jump on every trend bandwagon. However, if you don’t adapt to changing times, you will fall behind in relevance and convenience, become less efficient, and quickly age out of business. Right now, certain trends are worth paying attention to and can help your team work smarter with a better dental billing strategy. Keep reading to learn what these trends are and how you can adapt to financially thrive in a new economic environment.

Whether in interviews, at a restaurant, during a shopping trip, or at the dentist’s office, the most uncomfortable and often confusing part is discussing the cost. When it comes to dental billing, the matter gets more complicated with insurance and other considerations, but you need to develop a trusting relationship with your patients. Being transparent and upfront about the price helps you do just that. How can you communicate clearly about the financial logistics of their care? Check out these tips!

These days, if you take even a short sabbatical from modern life, you could quickly become lost about innovations and fall behind in efficiency. When it comes to your dental practice, even the billing field of the industry isn’t immune to these fast-paced changes. So, what are dental billing trends you need to be aware of for right now and in the future? Here are four that seem to be picking up speed in recent years or will soon do so!

Denied. Regardless of the circumstances, learning you’ve been denied evokes a discouraging and unsuccessful feeling. Especially when it comes to dental insurance claims, the word “denied” only means more work, more time, and more missing money you were supposed to receive. Without steady cash flow, how are you supposed to keep up with employee paychecks, necessary practice utilities and expenses, and pay yourself? Remote dental billing can reduce your denied insurance claims by doing the essential tasks explained in this post, so read on!

Running a dental practice, you face many decisions left and right. Is this piece of technology worth the investment? Will hiring an associate help my business? Should I renovate the office or expand to another location? One important choice is whether to hire an in-house insurance coordinator or outsource dental billing to a service company. Honestly, when you examine the costs associated with both options, the decision isn’t very difficult after all! Here are some things to consider and guide you to the right answer for your practice.

Humans in general tend to resist change. You can become comfortable in your routines or in patterns you’ve always been taught to do things. However, when something new has many incredible benefits, you can’t ignore it and should sincerely consider giving it a chance! Outsourcing dental billing might not be something you initially favor, but think about these unignorable benefits of handing off these tasks as opposed to hiring an in-office specialist.

The word “outsourcing” can have a negative connotation, especially in the United States. It often refers to taking business and jobs and shipping them overseas to save money with mixed results in terms of the quality of customer service and product. However, when it comes to dentistry, the decision between outsourcing dental billing or hiring your own in-house specialist isn’t as clear cut. To make this choice, you need to consider the pros and cons of both options!

When taking on an intimidating task, you may find it helpful to start working on it sooner than later and break it up into smaller, easier-to-handle steps. Suddenly, what seemed huge and scary becomes manageable. The same idea applies to dental insurance verification. Whether you’re not sure what to do at all or you’ve perhaps missed a few steps in the past, learn about the required stages of verifying your patient’s insurance to have smoother payments!