Successful Practices Empower their Employees
From hygienists to receptionists, a dental practice only works when every staff member feels empowered to succeed. Sadly, when it comes to dental billing, many otherwise effective dental teams fall behind. Companies that manage dental billing the old-fashioned way, with in-house employees juggling everything from credentialing to accounts receivable, quickly suffer from inefficiency and staff burnout. When team members feel overwhelmed, errors start showing up, and dentists lose revenue due to avoidable dental claims denials, lapsed filing periods, and missing or incorrect information. Dental Billing Burnout Burnout is a state of chronic emotional and physical exhaustion due to work-related stressors. Studies indicate that dental professionals and auxiliaries suffer from astronomically high rates of burnout compared to similar workplaces. According to one study from the Oral and Dental Research Institute, some of the main contributors to burnout in the dental industry are: 1. A heavy workload 2. A lack of support 3. A lack of resources By nature, dentistry requires a fast-paced, heavy workload. Moreover, most dental practices rely on revenue from many different dental insurance companies and patient payers. Because of the complexity of dental billing, each new dental patient exponentially increases the staff's total workload. That leaves booming dental offices only two options: fall behind and risk burnout or take some of the extra work off the team's shoulders. Set Your Staff Free Fortunately, SB Dental Solution Dental Billing can free teams from the burden of dental billing while improving their accuracy and efficiency. Our clients spend less time and energy fighting dental insurance companies, so they can spend more time on what really matters: caring for their patients. Empower your staff to serve more patients with less stress. After all, a thriving dental practice depends on a thriving team.
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As dedicated endodontic billing specialists, we at SB Dental Solutions Dental Billing Company are devoted to improving the success of our endodontist clients. In endodontic practices, wasted chair time means a lot of lost income. That’s why it’s so important to do some cost-benefit analysis before planning endodontic procedures. Endodontists can use chair time more efficiently if they avoid starting a procedure that won’t ultimately work. Moreover, risk assessment helps endodontists avoid putting patients through potentially painful, costly, and time-intensive treatments, only to end up extracting the tooth.
Planning and completing effective endodontic work turns a profit and protects patient wellbeing, whereas retreating or referring a patient after failed endodontic intervention just wastes everyone’s time. Even lucrative cases sometimes end up losing profit due to inefficiently budgeted chair time. Before planning time-intensive endodontic procedures, determine if the patient would be better off with a simpler intervention. To start out, endodontists should consider the following variables to evaluate the risks vs rewards of a given endodontic procedure:
When endodontists optimize their chair time, the profitability of their practice skyrockets. Additionally, SB Dental Solutions can help our clients discover other potential revenue improvements through our business consultation services. Click here to learn more about increasing profitability with Better Endodontic Dental Billing. Is your practice keeping up with the times when it comes to endodontic dental billing? Endodontic billing presents a completely unique set of challenges compared to general dentistry. Understanding insurance plans, medical and dental codes and endodontic claims submission is vital to running a successful endodontic practice. But since codes, benefits, and claims requirements change annually, staying apprised of current conditions can feel like another full-time job in itself.
“If We Only Knew!” Information Increases Revenue For example, endodontic therapy used to be identified and billed according to the number of involved canals. Now, however, insurance claims reimburse based only on the treated tooth. Numbers of canals are not specified within the descriptors of an anterior, bicuspid, or molar. This major shift occurred not too long ago, and it threw many unsuspecting providers for a loop. Keeping up with changes in endodontic billing prevents claims denials and ensures that endodontists can receive the correct compensation for their work. Another common way that endodontists lose potential revenue is by not billing medical codes. Many dental offices hesitate to bill medical codes because, as dentists, they are not as familiar with the rules of medical insurance or which medical codes can be billed to dental insurance. A well-informed billing advocate can close this gap and ensure fair reimbursement for services rendered. An Endodontic Billing Advocate That’s where SB Dental Solution Dental Billing Company comes in. We keep current on all endodontic billing requirements as they change and work with our clients to help them understand changes. Additionally, we keep our clients informed and ensure that dentists receive the best possible compensation from dental insurance companies by regularly renegotiating their fee schedules, a critical aspect of any endodontic practice that often gets missed by overloaded office staff. We handle all this and more so that our clients can rest easy without worrying about the changes and complexities of endodontic dental billing. Endodontic billing presents a unique set of challenges compared to general dentistry. But Spending too much time sorting out billing issues reduces the amount of time available to focus on delivering excellent patient care. That’s why SB Dental Solutions Dental Billing company offers specialized billing services geared toward the unique world of Endodontic Specialists. Our focused endodontic billing services offer a host of benefits for endodontic offices, such as:
Cutting the Busywork Endodontists can reduce paperwork and procedure by turning them over to us. We handle all electronic claim attachments, denied claims, EOBs, and account receivable aging. We also update insurance records, renegotiate insurance fees, and renew your dental insurance credentialing automatically. Endodontic professionals can breathe easy, knowing their billing needs are being expertly managed by reliable specialists. Staying Informed Understanding insurance plans, medical and dental codes, and endodontic claims submission is very important to running a successful endodontic practice. But since codes, benefits, and claims requirements change annually, staying apprised can desire another full-time job by itself. But never fear, SB Dental Solution Dental Billing Company can help. We keep current on all endodontic billing requirements as they modify and work with our clients to help them understand changes. maintaining with changes in endodontic billing prevents claims denials and ensures that endodontists can receive the right compensation for his or her work. Understanding and Experience We have been meeting the precise needs of Endodontists and their staff for years. Our experienced staff members have the expertise needed to streamline the Endodontic Billing process with proven practices that get results. we offer straightforward patient portion information, hands-off management of dental insurance contracts, accessible EOB digitizing, and simple payment options. Less Time, More Money In-house endodontic billing requires a major time investment with minimal payoff. allow us to require the burden of insurance & patient billing. we are able to help increase insurance payouts, reduce claims denials, and eliminate past 90-day outstanding balances, so you'll relax and find back to what’s really important – providing excellent endodontic care. When is the last time your practice took a good long look at its fee schedule? Updating dental fee schedules regularly (every 1 or 2 years) can improve your returns from dental billing by ensuring that your dental fees always:
Let Dental Billing Experts Do the Hard Part for You! SB Dental Solutions takes many of the most laborious parts of an annual fee schedule review off of our clients’ plates. We handle negotiations with dental insurance companies, which frees dental practices from spending hours on the phone tracking down a current fee schedule from each contracted insurance provider. Once we have successfully renegotiated the fee schedule, we enter all changes electronically. Next, we update patient portion estimates according to current insurance fees. And finally, we offer patient consultation, which can help patients understand changing fees and avoid frustration over dental billing questions. So What’s Your Part as the Dental Provider?
Give Your Office a Great Start to the New Year By regularly adjusting their fee schedules, our clients stay ahead of the pack with stress-free revenue cycles, optimal insurance claim reimbursement, and current competitive procedure costs. Call our 24-hour help team today to find out how we can help get your new year off to a great start. The expert staff at SB Dental Solutions Dental Billing Company always helps our clients achieve a level of productivity and success they could not reach before. We pride ourselves on offering many dental billing benefits, including some of the ones listed below.
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AuthorSB Dental Solution Archives
April 2024
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