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By: Angela Holland Negotiating PPO fees is a crucial yet often overlooked step in maximizing your dental practices financial success. Done correctly, PPO fee negotiations can significantly increase insurance collectionswithout requiring more patients, additional treatments, or increased marketing costs.
By: Angela Holland Dental insurance is a vital aspect of modern dental care, but for many dental practices, dealing with insurance claims can be complex and time-consuming. Heres a quick guide on how to navigate dental insurance in your practice.
Dentrix Ascend, Henry Schein One’s cloud-based practicemanagement system, helps dentists deliver their best patient care with easy-to-use clinical workflows, high-quality imaging, and the latest AI tools. PracticeManagement System Simplifies Operations – Open API for expanding with partner vendor tools. .
A frequent topic of discussion on social media these days is whether to drop out of dental insurance 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. What percentage of the practice revenue does each individual plan represent?
Vickie Ward, founder of Key PracticeManagement , a leading dental consulting firm, is pleased to announce they are now offering remote dental practicemanagement services to dental practices across the country. She is a Fellow of the American Association of Dental Office Management.
Pearl, the global leader in dental AI solutions, today announced ClaimCheck , an AI-powered tool for optimizing the insurance claim submission process to reduce costly errors and accelerate revenue for dental practices.
The flywheel of work has slowly carved away time for anything else so much so that life becomes confined to the stress and pain of everyday practicemanagement. Having peace of mind, getting time for the family, and running a profitable practice are all intertwined and play an important part in the happiness quotient.
The flywheel of work has slowly carved away time for anything else so much so that life becomes confined to the stress and pain of everyday practicemanagement. Having peace of mind, getting time for the family, and running a profitable practice are all intertwined and play an important part in the happiness quotient.
As we dive deeper into 2021, dental insurance expert Teresa Duncan of Odyssey Management is seeing three big issues with dental insurance that practices encounter. First , some practices have yet to switch over to the 2019 ADA insurance claim form. Note: Photo of “‘What did you make today?’
Dental insurance billing is one of the most critical operations at a dental office. No matter how efficiently you’re producing and delivering quality patient care, your practice won’t grow unless an ethical dental billing process is in place.
This small oversight can lead to big problems, including incorrect billing, insurance claim delays, and lost revenue. His front desk team struggles to bill insurance accurately, and patients receive incorrect statements. End-of-Day Review The front desk staff runs a report at the end of each day to catch missing procedures.
Archy’s all-in-one practicemanagement software is designed to help dental practices reduce costs by eliminating the need for multiple add-on software packages, offering all services, from payroll to charting to patient engagement tools, in one streamlined solution. To request a demo, please visit hellopearl.com/getdemo.
First, unless you have an all fee-for-service practice, you cannot apply the yardstick of standardizing everything. Dental insurance, which has allowed many patients to receive treatment they might not otherwise have, has created an incredible level of complexity. Should an insurer be dropped because its reimbursements are too low?
Meet Ora, the first-of-its-kind to deliver on the promise of providing “all-in-one” practicemanagement software to dental practices. Automated eligibility verification and reputation management to support practice growth. About Ora Ora has redefined dental software by delivering a truly all-in-one experience.
Why Dental Practices Are Targets Dental practices are prime targets for embezzlement due to: High Cash Flow: Patient co-pays, insurance payments, and cash transactions can create opportunities for theft. Complex Revenue Streams: Multiple revenue sources, such as patient payments and insurance reimbursements, can be manipulated.
Synchrony (NYSE: SYF ), a consumer financial services company, announced a new partnership with Adit, an industry leading dental practicemanagement software provider. “As margin pressures continue, a healthy practice depends on effective and timely revenue cycle management. .”
Vyne Dental strategically develops solutions, for dental practices, healthcare providers, and insurance plans and payers, that facilitate the secure exchange of health information in a digital, end-to-end revenue cycle that optimizes cash flow while reducing associative costs. 29 at 1 PM ET. CLICK HERE TO REGISTER.
P earl , the global leader in dental AI solutions, has announced the launch of Precheck, a groundbreaking new artificial intelligence (AI)-powered insurance eligibility and benefits verification tool. With Precheck, Pearl gives users a powerful tool for extending Practice Intelligence benefits to insurance-based revenue cycle management.
Pearl , the global leader in dental AI solutions, has announced the launch of Precheck, a groundbreaking new artificial intelligence (AI)-powered insurance eligibility and benefits verification tool. With Precheck, Pearl gives users a powerful tool for extending Practice Intelligence benefits to insurance-based revenue cycle management.
Renegotiate Contracts : Regularly review vendor contracts for supplies, equipment maintenance, and insurance reimbursements to ensure competitive pricing. Accounts Receivable (A/R) and Insurance Claims Aging : Aim to keep these both under 30 days. Hygiene Reappointment Rate : Target 80-90% to ensure steady patient flow.
The dental industry continues to face challenges with data siloing in practicemanagement systems (PMS) that restrict information flow between providers, patients, and payerscreating unnecessary barriers to efficient care delivery and practicemanagement.
KeyCorp (NYSE: KEY) announced a strategic relationship, which includes a minority investment, with Zentist, a leading cloud-based insurance revenue cycle management (RCM) software provider for dental support organizations (DSOs) across the country. This ensures faster payment posting into any practicemanagement software.
Staffing costs have risen dramatically, and by enhancing efficiency through the implementation of excellent business systems, you have an opportunity to reduce some labor costs in some practices. Reevaluate practiceinsurance costs. Many agents simply use the same companies year after year and ask you to absorb the increases.
There are times when this principle applies to dental insurance reimbursement. The most common opening question from prospective patients is, “Do you accept the XYZ insurance plan?” It’s an insurance hang up, in more ways than one. is a practicemanagement consultant, coach, mentor, and seminar speaker.
Key benefits of the partnership include: Rapid resolution of insurance claim processing delays Tailored support services to meet the specific needs of affected practices Access to cutting-edge technology and innovative solutions to optimize practice efficiency Immediate user feedback: “Seamless and self-explanatory.”
Processing dental insurance claims can be a complex and confusing task. Unfortunately, this can be challenging if … The post 7 Ways to Streamline Dental Insurance Claims Processing appeared first on Oral Health Group.
These processes typically equate to countless hours on the phone communicating with insurance companies. Eligibility AI delivers detailed eligibility and benefits data in an intuitive user interface that organizes the benefit datapoints in a unified manner across all Insurance payers.
Insurance is an intimidating concept for most patients. Thus, it’s important for dental clinics … The post How is Dental Insurance Verification Helpful in Validating Patient Benefits? appeared first on Oral Health Group.
4, 2023 /PRNewswire-PRWeb/ -- Nierman PracticeManagement (NPM) is thrilled to announce the release of its 2024 dental CE course schedule, featuring nine engaging courses focused on dental sleep medicine, temporomandibular joint (TMJ) disorders, and medical billing in dentistry implementation. JUPITER, Fla. ,
In today’s world of higher practice overhead, it is essential to raise fees just to keep up and to move ahead. And when you do raise fees, be sure to submit your new fee schedule to your insurance plans. This may be the hidden gem that so many practices do not do and do not think about. Follow up on unaccepted treatment.
Productive Dentist Academy (PDA), the nation’s leading dental practicemanagement and coaching, is excited to announce its Alliance Partner Program. This program is a partnership with multiple innovative companies dedicated to advancing dental practice productivity and patient care.
Make sure your imaging devices speak to the practicemanagement software you choose for a smooth, painless transition to the cloud. With Fuse cloud-based practicemanagement software, you can access practice and patient data from anywhere, when it’s most convenient for you. Not sure what to ask? What’s the cost?
Although I’ve never seen any business school research on this theory, I believe that bricks and mortar businesses like dental practices, where a personal relationship with patients is the model, need a higher level of customer service if they want to achieve higher levels of success. ABOUT THE AUTHOR Roger P. and around the world.
Zentist, the leading cloud-based insurance Revenue Cycle Management (RCM) software for U.S. reduction in the time (in hours) required to find and source relevant payments to outstanding claims, highlighting Cavi AR’s powerful impact on speeding up dental insurance claim AR management. dental groups.
His legacy of innovation, mentorship, and dedication to dental practicemanagement will forever be remembered. As a pioneer in the field, he played a pivotal role in reshaping dental practicemanagement. Practice Booster, the brainchild of Dr. Blair, remains committed to honoring his vision.
But we probably didn’t learn how to pick practicemanagement software to maximize our operations. . Getting this piece right is critical to practice success. . Today’s market offers many options to help us manage our business with more precision and efficiency than ever. How Much Does It Cost? .
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 dental insurance plans each year. . Some insurance plans are offered through a patient’s employer.
The insurance workflow has historically been one of the more time-intensive and frustrating processes for dental offices. But the Eaglesoft Insurance Suite makes managing this part of the business faster and more efficient – all for one low monthly fee. Eaglesoft Insurance Suite: 4 key solutions in one offering.
Verify a Patient’s Dental Insurance with The Ease of Patient Online Scheduling. An online booking platform that streamlines dental insurance verification can make your job easier and improve the patient experience. Reduce Individual Patient Processing and Streamline Dental Insurance Collection.
Leading a complex organization is now among the reasons to consider how a cloud-based practicemanagement solution can relieve the pain-points for DSOs. Innovation in the past two to three decades has changed much about how you access and manage data. Centralized control of patient information and practice metrics.
In part three of our Why Denticon series, we’ll be diving into how Denticon, an all-in-one practicemanagement software solution, can help your dental service organization (DSO) or emerging multisite dental practice save both time and money. . What are your current costs for your practicemanagement software?
more The post Digital Dentistry Technologies and their Impact on Insurance Coverage: Exploring the Benefits and Limitations appeared first on Oral Health Group. Imagine being at the forefront of a revolution, where science meets technology to reshape an entire industry. You’re not in a Silicon Valley startup or.
Profitability is a crucial aspect of effective practicemanagement. Healthy profits better enable a practice to provide cutting-edge services and convenience to their patients. But before we explore the various methods to increase profits, let’s establish how profits are calculated at a practice.
Planet DDS , a leading provider of cloud-based dental practicemanagement 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.
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