If you’re like many dental practices throughout the country, you may still be recovering from the “Great Resignation” during and in the aftermath of the COVID-19 pandemic. When over 50 million workers left their jobs in 2021 and 2022, many businesses, including dental offices, struggled with hiring and keeping their employees, particularly with those who handle dental billing. If you want to overcome and avoid hiring and retention issues, you need the following information.

When you purchase an item online or at a store, it has what’s called a SKU, or a stock keeping unit or number which distinguishes a particular product from others. By tracking these SKUs, stores can know how popular or in-demand a certain product is. In the oral health field, dental coding, also called CDT codes, assists with financial success for practice owners as well because every insurance claim must be documented and approved to receive payment. In this post, you’ll learn more about dental coding, how it can impact your bottom line, and how you can make the whole billing process smoother.

For any business in every field, an essential element to decide and build is your financial policy. Although transactions are typically simple in retail and stores, even these companies must decide and make their policies clear to get their money while avoiding customer dissatisfaction, harm to their reputation, or even lawsuits.

In your own dental office, you have the authority and power to build your financial policy, but unless your patients can easily understand it, you could lose patients and revenue. Here are the steps you’ll need to take to form this policy. It can help your practice not only get paid efficiently but also reinforce positive relationships with patients.