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Dentalpracticemanagement (PM) software can provide valuable information about your practice’s insurance collections, treatment volume, and fee schedules. By using licensed software, you can extract essential data from your insurance claims.
A frequent topic of discussion on social media these days is whether to drop out of dentalinsurance plans. In the most recent Levin Group national dental survey, we found that only 10% of practices stated that they were completely fee-for-service. The question is, should you? Start with analysis. and around the world.
Synchrony (NYSE: SYF ), a consumer financial services company, announced a new partnership with Adit, an industry leading dentalpracticemanagement software provider. “As margin pressures continue, a healthy practice depends on effective and timely revenue cycle management. .”
His legacy of innovation, mentorship, and dedication to dentalpracticemanagement will forever be remembered. As a pioneer in the field, he played a pivotal role in reshaping dentalpracticemanagement. Practice Booster, the brainchild of Dr. Blair, remains committed to honoring his vision.
First, unless you have an all fee-for-service practice, you cannot apply the yardstick of standardizing everything. Dentalinsurance, which has allowed many patients to receive treatment they might not otherwise have, has created an incredible level of complexity. COLLECTIONS TODAY Collections today are more complex.
As we dive deeper into 2021, dentalinsurance expert Teresa Duncan of Odyssey Management is seeing three big issues with dentalinsurance that practices encounter. First , some practices have yet to switch over to the 2019 ADA insurance claim form.
With many insurance plans having a “use it or lose it” policy, you can help your patients by reminding them of expiring benefits as we approach the end of the year. Surprisingly, only a small percentage of people maximize their annual dentalinsurance plans each year. . Educate Patients About Their Dental Benefits .
Planet DDS , a leading provider of cloud-based dentalpracticemanagement solutions, is announcing a significant upcoming enhancement to its Revenue Cycle Management (RCM) workflow, leveraging the new XConnect APIs from its long-time partner, DentalXChange.
eAssist Dental Solutions ( www.dentalbilling.com ) announced that two of its executives will be featured presenters at the upcoming national conference hosted by AADOM—the largest Dental Office Manager association in the United States. eAssist was recently selected as the official dental billing solution provider for AADOM.
The best way to determine if your dental office’s marketing strategy is working is through assessing metrics, sometimes known as Key Performance Indicators (KPIs). There are some good dentalpracticemanagement software overlay tools out there to use, but be prepared to tack on another $4,000 – $5,000 to your marketing budget!
It would be easier for the patient to put the full treatment amount on their credit card and subsequently get reimbursed to the extent allowed by the insurance company. According to CareCredit®, if the practice is out of network with the patient’s dentalinsurance carrier, the patient can charge the full amount of the fee to CareCredit®.
This is the second post here in as many days that deals with increasing cash flow for practices. Things seem to come in waves and it appears that revenue management has been the wave that is currently in play. Here's the news. By allowing once fragmented tools to now talk to each other, the result is a unified, cloud-based solution.
Plant a seed in your patients about the need to monitor and use their remaining dentalinsurance benefits. Thinking about or ready to update your dentalpracticemanagement software? Again, educate your patients around related themes via your newsletters, emails, text messages, blog content, and social media.
Up-to-date, user-friendly, well-supported practicemanagement software is invaluable in solving such issues. By organizing all the information generated during each visit and putting it at the team’s fingertips, a good practicemanagement system helps make sure that your efforts in the chair don’t go to waste.
By bundling these four solutions into one offering, Eaglesoft Insurance Suite allows practicemanagers to save time and shorten their revenue cycle all through an easy-to-use software platform. And for peace of mind, Eaglesoft provides unmatched support. Shortened revenue cycle.
Fortunately, cloud-based practicemanagement systems are stepping in to streamline these processes, incorporating automation, workflow tools, reporting, and analytics to help dental service organizations ( DSOs ) optimize their RCM processes and boost practicemanagement.
Completely future-proofing your practice is nearly impossible, but being prepared and ahead of the curve isn’t. Augment your reliance on dentalinsurance with creative financing options. Design an in-house dental membership plan to avoid the insurance back and forth or give patients an affordable care option.
Off the Cusp - Patterson Dental blog. For the dentalpractice, weathering quarantines and modifying safety measures are just two in a long list of challenges that reshaped the way we do dentistry. Read Time: 2 Minute, 52 Second.
For example, you might send an e-blast toward the end of the year , reminding patients that their dentalinsurance benefits are expiring and they should “use them or lose them.” Keeping the lines of communications open enables you to remind patients of your services at certain times of the year when they are most likely to want them.
Yapi offers features such as managing patient information, dentalinsurance coverage, and tracking treatment plans. Yapi also automates appointment confirmations, reminders, and recalls. Get a better idea of your day with an automatically synced calendar view of all daily appointments.
Yapi offers features such as managing patient information, dentalinsurance coverage, and tracking treatment plans. Yapi also automates appointment confirmations, reminders, and recalls. Get a better idea of your day with an automatically synced calendar view of all daily appointments.
Leverage your dental blog as email content. Any promotion, oral hygiene tips, dentalinsurance information, dental office management updates, or educational piece that you write can be used as a patient newsletter. Our team of professional dental bloggers are ready and waiting to step in and help out.
"We conducted this research to get a clear picture of what patients can expect in dental care costs during a lifetime – to help them plan ahead, and connect them with the tools and resources to manage these costs." Data also showed the ability to afford dental care worsens as Americans age.
Even though the dental industry may appear to be in an enviable position of being on an accelerated path to normal, the impact of COVID-19 was and is far-reaching. It is estimated that almost 8 million workers in the United States have lost their dentalinsurance coverage due to job loss.
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