Sometimes, problems or (if you’re an optimist) opportunities arrive that force you to consider making a change. For dentists, problems like staffing or financial strain usually mean changing how their practice is being managed or run. You might be wondering when to hire a dental billing service, for example.
Finding a good system for insurance verification can be hard for dental teams. It’s the least favorite part of the process for many people because it can feel a little mindless and repetitive. For this reason, many dental practices struggle to find a streamlined process for insurance verification.
You know that feeling when you’re making a decision, and you won’t feel confident in it until you get a second opinion? That’s usually because that second opinion is going to offer an outsider’s perspective on whatever you are trying to decide. This is precisely what a dental billing company offers dental practices. ts
Your dental team has been in place for years. You have a good team culture going, but you, as the dentist and practice owner, want your billing process to be great. A little ambition never hurt anybody.
Have you ever had a confusing interaction with a patient about their insurance benefits? When they made their appointment at your dental practice, they told you their insurance, and you put it into the dental software. Nothing too difficult, right?
It’s a common belief among dental practice teams that in-house dental billing is better than outsourcing. Why is this? They think they will have more control and save money by hiring someone in-house to handle their dental billing. So they don’t consider outsourcing, or they bring it back to their in-house team after having outsourced it to a billing company.
As technology advances, so do methods of payments. In a lot of ways, this makes the lives of dental billers easier, and for others, it can be challenging. Your practice receives electronic funds payments from insurance companies to pay the claim you have filed. This is a payment that goes straight into your dental practice’s bank account. Great!
One of the more frustrating aspects of dentistry is simply dealing with insurance companies and claim denials. Having to deal with dental insurance billing is such a hassle, especially when claims are delayed or denied entirely. You can’t help but ask yourself, “what the heck am I doing wrong?”
Does your dental practice have financial goals for the new year? Dental teams don’t always think of their practice as a place of business, but instead a place that services patients’ oral health. Because of this, revenue goals aren’t always considered a priority. You are a place of business though! Your dental practice offers services in exchange for money.
As you become in-network with some insurance companies, you notice you have options for how you’ll receive payments from them. Since it’s a digital world, you’re probably thinking that a paper check in the mail is outdated, so you choose the virtual credit card option.
