Does your dental practice accept virtual credit card payment from dental insurance companies?
After months (or maybe years!) of working with your outsourced dental billing company, you’re happy with the results you’ve seen: a shorter insurance aging report, higher collections, up-to-date payment posting, and a less stressed administrative team so that everything runs smoothly. You’re reaping the benefits of outsourcing your insurance billing, and feel that your practice is in an amazing place financially.
Have you ever used a term or dental abbreviation and you weren’t 100% sure what it meant, but you were embarrassed to ask? Everyone says there’s no such thing as a stupid question, but it’s still easy to feel silly when you keep coming across an acronym and realize you don’t understand what it means.
When does medical insurance cover the dental work your team performed, and how do you know? Not only is understanding insurance claims confusing, but knowing what kind of insurance claim to file can be confusing, especially when it’s medical versus dental. Welcome to the dental billing world!
While exploring the option of outsourcing dental billing, you and your dental team might be holding back because of some preconceived notions you have about what it means to work with an outside insurance billing team.
As you get ready to bring on a dental billing company, you might be imagining all of the benefits you’re going to reap as you get much-needed support for insurance billing with outsourced experts. From the streamlined process, to the relief of insurance strain, the possibilities for your practice to increase your collections percentage should bring you a lot of excitement.
One of the easiest mistakes to make in the dental claims processing world is to assume. You might expect the path from insurance claim to bank deposit is straightforward, but complex systems don’t always work like you’d expect, and the claims process is no different.
As a dentist, it’s pretty common to have your dental practice closed for up to two weeks around December and early January. Your employees may be traveling; you want everyone to enjoy their holiday, and you have your own plans as well. You’re considering which days to be closed, or if you want to be closed the entire week between Christmas and New Year’s Day.
As the revenue cycle manager of your Dental Service Organization (DSO) team, you’re aiming to set everyone up for success. You want your team to be in tip-top dental billing shape to service all dental offices at maximum efficiency.
After a few years of being credentialed with an insurance company, you might be notified that it’s time to be re-credentialed. Is it totally necessary? Does it take as long as becoming credentialed the first time? What information do they need? Do I have to do this for every insurance company I participate with? All of the sudden, whew, you’re overwhelmed and feeling stressed about getting this done.
