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As a dental provider, a significant portion of your revenue comes from insurance reimbursements. Without a steady and sufficient stream of payments from insurance companies, it can be difficult to cover operational costs, invest in new technologies, or even pay your staff. However, these fees are rarely set in stone.
This is the second post here in as many days that deals with increasingcashflow for practices. This development marks a new milestone in the nearly 20-year partnership between the two companies, further optimizing data access across the dental insurance journey for DSOs and group practices.
The end-to-end solution, powered by Zelis’ Advanced Payments Platform (ZAPP) and Rectangle Health’s Practice Management Bridge, automates both healthcare insurance payments and any out-of-pocket payments directly to providers’ existing revenue management systems.
Benchmarking can be an incredibly effective tool for illuminating opportunities to increasecashflow. Insurance renegotiation: Renegotiate insurance contracts or consider transitioning to a fee-for-service model for long-term profitability.
The software aims to optimize the RCM process by tracking claims in a centralized platform, following insurance adjustments and EOBs, automating insurance verification, and helping maximize claim collection to increasecashflow.
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