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3 Lucrative Procedures All Endodontists Can Offer to Increase Profit

9/21/2023

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At SB Dental Solutions Dental Billing Company, we aim to boost the bottom-line for our many clients. We focus on assisting Endodontic Practices to reach their full income potential using optimal endodontic dental billing strategies. Despite playing a vital role in a patient’s healthcare team, Endodontists sometimes get boxed into the same few basic treatments. But offering new procedures can be easy and profitable, even for the most niche of dental specialists. Take the following endodontic treatment enhancements for example:
 
 Internal Bleaching
 Whitening therapies that work on the outside of the enamel, like toothpastes, rinses, and gels, only treat the surface of the teeth. But Endodontists know that discoloration can go much deeper. A tooth with infected or dead pulp will often look dingier than its neighboring healthy teeth. Teeth that darken following injury or disease don't respond to traditional whitening treatments, but Endodontists can easily solve the problem by adding internal bleaching as an optional addition to Root Canal Therapy. Since the tooth’s root has already been exposed for necessary endodontic treatment, why not help improve its appearance at the same time?
 
 Laser Dentistry
 Numerous different dental and surgical lasers have come out recently, increasing their availability and affordability. What’s more, both patients and providers report better results from laser therapy than from traditional treatments. Lasers cauterize soft tissue, producing less blood than a scalpel and improving recovery time. And with Fewer or no shots to administer, Endodontists can economize while helping anxious patients feel more comfortable. That’s why patients often seek out providers who offer laser dentistry, making this technology as profitable as it is advanced.
 
 Oral Sedation
Offering sedation dentistry may seem impractical, considering the added complication and expense required to bring in a qualified anesthesiologist. Many endodontists try to get by without offering sedation at all, relying instead on laughing gas to help calm their anxious patients. However, many patients (especially children and the developmentally delayed) require additional assistance during complex dental procedures. How can Endodontists cater to this demographic with the least cost and hassle? With just a little continuing education, any endodontist can perform semi-conscious oral sedation in-office. Using medications like Demerol or Versed, dentists can relax anxious patients far more effectively than they can with nitrous oxide alone. Best of all, patients can be monitored in-office by existing staff, without requiring additional practitioners.

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How Our Dental Billing Service Solves 3 Common Dental Office Disasters

6/28/2023

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    Dental billing is often frustrating and can determine the productivity of a dental practice if staff members spend precious time and energy redoing their work to correct mistakes. No wonder problems crop up, since most dental offices are staffed with dental professionals, not billing and finance specialists, and dental billing keeps getting more complicated. That’s why many dental practices are turning to outsourced teams of specialists, like SB Dental Solutions, to handle their billing and coding responsibilities. Along with simplifying the dental billing process for both dentists and patients, outsourcing also solves other common problems faced by most dental offices.  

       
1. Inaccurate Patient Portion Estimates, Fixed! When patients receive their initial treatment estimates, they expect their resulting bills to match. Unfortunately, offices often underestimate the patient’s final portion, causing frustration, anxiety, and frequently, an unpaid dental bill. Inaccurate estimates result from many intersecting variables, including incorrect insurance breakdowns, errors during the filing process, and more.   When a trusted, team of dental billing specialists provides both cost estimates and final bills, there’s a much lower risk of inconsistencies. Knowledgeable billing specialists can devote all the time necessary to decipher and confirm each detail and deliver accurate cost estimates.  

     
2. Confusing Customer Questions, Clarified! Patients calling into their dental office with billing questions might not consistently get reliable answers. Unpredictable customer service costs dentists valuable time and money and might even drive patients to seek another dental provider.   But with our billing solution, patients benefit from qualified billing experts who can accurately break down their bills. Patients appreciate receiving consistent, correct, and clear answers straight from knowledgeable billing professionals.  

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3. Gridlock & Slow Cashflow, Cleared Up! Outsourcing increases accuracy and lowers the cost of labor compared to in-house billing, which frees up capital for dental practices to use elsewhere. Dentists also save the money that they'd otherwise spend to purchase dental billing software.   Additionally, dentists frequently encounter bottlenecked cashflow because of inefficient billing practices, causing the business to struggle. On the other hand, using dedicated billing management through a specially trained team results in a faster, smoother billing process than in-house billing. 


​          Outsourcing enables practices to better manage their assets and keep on top of any potential problems along the way.
  More Time for What Matters: The Patient Spending too much time on billing issues reduces the amount of time available to focus on delivering excellent patient care. Our services can help you to better focus your attention where it belongs. Call us to learn more about our dedicated dental billing professionals today.

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How Dental Billing Services Make Taxes Simpler

6/11/2023

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B Dental Solutions Dental Billing Company offers comprehensive billing services from insurance claims to patient statements. Since we’re all about dental billing, you may not know what a difference we can make to the process of filing your taxes. While we don’t file for you, taxation does play a significant role in dental practice finances, so we seek to support our clientele as much as possible, particularly during the dreaded tax season. We keep thorough and accessible financial records to help simplify tax filing and financial auditing. We also encourage our clients to work with trustworthy, well-informed accountants with whom we are happy to collaborate. Adding SB Dental Billing to your financial team can help to ensure a smooth, cost-effective, and worry-free tax season.

US Tax Changes That Could Affect Dentists
With each new presidential administration, various changes always take place. President Biden has proposed changes to the US tax code, many of which will affect dental offices. Staying informed can help prevent unpleasant surprises come next tax season, and as financial advocates in the world of dental billing, we found the following summary of changes, particularly helpful (original source https://www.dentistryiq.com/):

  • The top individual income tax rate for taxable incomes above $400,000 will change from 37% to 39.6%. 
  • Congress will pass a 12.4% old age, survivors, and disability insurance (Social Security) payroll tax on income earned above $400,000, to be evenly split between employers and employees. 
  • There will be caps on the tax benefit of itemized deductions to 28% of value for those earning more than $400,000. This means that taxpayers earning above that income threshold with tax rates higher than 28% will face limited itemized deductions.
  • The Child and Dependent Care Tax Credit (CDCTC) will expand from a maximum of $3,000 in qualified expenses to $8,000 ($16,000 for multiple dependents) and the maximum reimbursement rate will increase from 35% to 50%. 
  • The corporate income tax rate will increase from 21% to 28%.
It’s Your Call
Don’t leave your dental office finances up to chance. Stay safe, relaxed, and informed with a trustworthy financial expert in your corner. Call SB Dental Solutions Dental Billing Company today for more information on how we make dental billing a breeze.

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Tedious Dental Billing Tasks We Make Look Easy

5/24/2023

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      At SB Dental Solutions Dental Billing Company, we’ve seen many dental practices that are bogged down by the intricacies of insurance, coding, patient payments, and so on. But it doesn’t have to be that way. We offer easy, hands-off solutions for our clients that improve their revenue and relieve their staff from the most arduous aspects of dental office finance. Here are some of the tedious dental billing tasks that we easily implement for our clients:



      Renegotiating Insurance Fees Insurance companies need to turn a profit, so it is to their advantage to pay the smallest possible rates. That’s where we come in. SB Dental Solutions will negotiate with your contracted insurance plans to get you the best reimbursement rates for your dental claims. No need to make another frustrating call to clueless insurance reps; we’ll take negotiations off your plate and get you the best deals available.
       Updating Procedure Codes New dental codes come up all the time, and busy dental offices will lose out on potential revenue if they’re not informed. For example, during 2020 many dental insurance companies began reimbursing for additional Personal Protective Equipment due to Covid-19. As specialized dental billing professionals, we stay up to date on all dental billing procedures, including new opportunities for reimbursement.
      Managing Payment Plans Offering flexible payment options improves treatment acceptance rates and increases revenue in the long term. As a part of our standard services, SB Dental Solutions will bill patient portions, manage patient payment installments, and offer additional financing options. These options often enable patients to complete otherwise cost-prohibitive procedures, which benefits the patient and the dentist. Best of all, we handle the nitty-gritty of payment plans, freeing the dental office to focus on treatment rather than enforcing financial policies.  
        
Auditing Patient Info Dental insurance providers require everything on a claim to match their records, otherwise, they will deny the claim without a second glance. Unfortunately, busy office staff may forget to enter a piece of the required information into a patient’s file or may even enter incorrect information. This could include misspelling the name of a patient or policyholder, recording the wrong date of birth, or using an outdated billing address. To avoid denials, we transfer patient data electronically, regularly update billing information, and communicate directly between dental insurance companies and dental practices to ensure all patient files are accurate and complete.  
       
Getting these tasks taken care of can be quick and easy. Call us today to find out how we can take over your least favorite dental billing responsibilities.

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AAE Declares May “Save Your Tooth Month” to Encourage Endodontic Treatment

5/2/2023

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     The American Association of Endodontics (AAE) has declared May national “Save Your Tooth Month.” At risk teeth that require complex endodontic treatment often get postponed due to financial concerns, time constraints, or dental anxiety which can lead to the loss of natural teeth. However, the AAE has decided to take this opportunity to encourage patients to complete needed treatment, concentrate on prevention through hygiene, and receive frequent screenings.
      According to the AAE, saving natural teeth has important impacts on health and quality of life. The AAE also points out that extracting salvageable teeth causes complications because, “Tooth extraction often is more painful than the infection itself, and replacing an extracted tooth with an artificial one requires additional dental visits that can quickly add up.” 
    Patient education is key. Many are unaware that with advanced endodontic procedures and techniques, Endodontists can treat even severely treated teeth. Natural tooth retention is correlated with better nutrition and longevity, especially in elderly populations. The message behind the AAE’s focus on tooth retention comes from the stunning health outcomes from tooth retention. 
     Endodontic Practices can participate in Save Your Tooth Month by informing their patients how endodontic procedures cure pain, infection, and traumatic tooth damage. Reaching out through local and traditional media can help get the message out about natural tooth retention. 
      In addition to improving patient outcomes, education can help endodontic offices meet their financial goals. To ensure the expert handling of increased business from Save Your Tooth Month observances, reach out to the dental billing experts at SB Dental Solutions Dental Billing Company. We specialize in Endodontic Dental billing, which means that our highly trained staff have the expertise needed to help your practice thrive. Keep your patients and your profits healthy with professional billing specialists, and celebrate Save Your Tooth Month along with us and the AAE.

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Root Canals Not So Scary? New Research Could Help Endodontic Patients Complete Treatment

4/18/2023

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      Patient follow-through can present one of the most difficult aspects of endodontic  practice. As your endodontic billing specialist, SB Dental Solutions Dental Billing  company shares our clients’ concerns regarding incomplete planned treatments. In  many cases, fear accounts for the lack of patient follow-through. After all, root canals  are one of the most common phobias in the United States. However, research into  endodontic treatment now suggests that root canal work isn't as scary as it seems.  
     According to a study from the University of Adelaide, when researchers surveyed over  one thousand randomly selected dental patients, “Patients who had root canal work  reported similar oral health-related quality of life as people who had other types of  dental work.”  
     The study compared root canals to other treatments, such as tooth extraction,  restorations, repairs, gum treatment, and cleanings. Not only did root canals prove no  worse in terms of pain during treatment and recovery, but patients benefited from the  endodontic interventions as they cured the pain of dental infection.  
    Hopefully, endodontists will find these results helpful in encouraging their fearful patients  to complete needed treatment. Rossi-Fedele, Professor at the Adelaide school of  dentistry and co-author of the study emphasizes the importance of considering patient  perspectives in dentistry, saying: 
     “Treatment outcomes need to be re-examined from a patient-based perspective using  self-reported measures as this more accurately reflects the patients' perception of  treatment outcomes and the effect it has on their overall well-being.  
      "Patient-reported treatment outcomes are now the principal driving force behind  treatment needs, as opposed to clinician-based treatment outcomes.  
     "With this change in emphasis, the perspectives of patients and their relatives are  important factors in identifying need for treatment, treatment planning, and determining  outcomes from any health care intervention as part of shared decision making.”  
     By listening to patient perspectives, fears, and feedback, endodontists will see better  patient follow-through and higher patient satisfaction. Better follow-through and  satisfaction will allow endodontists to bill more complete root canals, improve their  revenue, and reap the rewards of specialized endodontic billing assistance. 

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Increased Stress Bad for Teeth, Says ADA Report

4/10/2023

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     A 2021 American Dental Association (ADA) report finds an increase in stress related dental conditions. Recent times have presented many increased stressors across the world, from massive wide-spread wildfires to a global pandemic larger than any in over 100 years. Unstable world and US economic futures, record unemployment rates, and social and political upheaval also contribute to higher rates of anxiety, stress, and panic related health complications. Dental disease is no different.
     According to the ADA instances of grinding and clenching teeth have increased by 71% in the last year. The report also found 63% more chipped or cracked teeth, and 62% more Temporomandibular Joint Disorder (TMJ or TMD) related symptoms. What’s more, the vast majority of Dentists surveyed have observed that these stress-related symptoms have increased in their practice, with 70% of respondents reporting the trend.
    According to ADA representatives, global conditions relate directly to these findings. The report added, “Our polling has served as a barometer for pandemic stress affecting patients and communities seen through the eyes of dentists. The increase over time suggests stress-related conditions have become substantially more prevalent since the recent COVID-19.”
   Meanwhile, after a significant portion of Americans were vaccinated, dental office patients report higher levels of confidence in returning to the dentist. 90% of patients report that they’ve already been back to the dentist or plan to go soon. Dentists can expect an increased patient load in addition to increases in treatment for stress-related conditions. This means a major expansion of insurance verifications, claims submissions, patient bills, and all dental billing responsibilities.
    What can SB Dental Solutions Dental Billing Company do to help with this increase? By relieving your staff of the burden of dental billing, we allow our clients more time and resources to address patient concerns. We can ensure better reimbursement for treating stress-conditions by assessing insurance contracts and staying informed of billing guidelines in these areas. Finally, we offer accurate patient portion estimates and handle payment plans, which helps remove financial barriers to cosmetic restorations for stress related chips or cracks.

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The Changing Face of Dental Billing with Dental Insurance Market Trends

3/28/2023

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      SB Dental Solutions Dental Billing Company is always keeping an eye out for changes in the dental billing field. Lately, a lot of chatter centers around the dental insurance market and their continued combination with the larger healthcare industry.

       According to research by West Monroe Partners, the dental insurance industry threatens to shrink and merge with the larger insurance Industry. West Monroe surveyed industry professionals and found, “The portion of health plans offering adult dental benefits has quite doubled since 2018.” Meanwhile, a third of West Monroe’s survey respondents speculated that stand-alone dental payers’ market share will fall to 90% by 2025 (from around 97% today), and one in five believe it'll drop below 85%. This comes as no surprise, as a similar 2017 survey determined that around 96% of insurers believe the two markets will ultimately merge into one.

Inflexible Dental Insurance Companies get Left Behind
 As a result of these shifts, industry leaders predict that individual dental insurance providers must either evolve, partner with medical insurance, or decline due to emerging competition. While some dental insurance companies will fall victim to the changing tide, many insurers acknowledge the approaching change, and they’re getting ready. In fact, some view convergence as a good chance to partner with and “embed” their dental benefits in new health plans.
 
 The Upshot for Dentists
     The changing industry does pose some risk to dental insurance companies that refuse to adapt, but it also offers an opportunity for providers and payers alike to extend holistic, value-based treatment to more patients for a lower price.

    For one thing, dental coverage is the strongest determinant of whether a patient will schedule regular dental appointments, which should increase the subsequent volume of patients. Secondly, access to insurance coverage may increase case acceptance for expensive dental procedures like Endodontic restorations. Finally, merging medical and dental records allow for better knowledge-sharing and cooperation between providers.

   Yes, dental practices will have to adapt to new insurance plans, unfamiliar pay structures, and growing consumer demand for value-based care. But, thankfully, these industry shifts need not disrupt day-to-day dental practice. Our clients can depend upon highly trained dental billing professionals to navigate the changing landscape of dental insurance and reimbursement. Call today to learn more about our Dental Billing Solutions!

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3 Common Dental Billing Mistakes and How to Avoid Them

3/15/2023

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         Correct dental billing enables dental offices to receive proper compensation, but many hard-working dental practices struggle with simple mistakes. Even the smallest errors can lead to an automatic claim denial until corrected. Furthermore, inaccurate dental billing not only harms the dentist’s bottom line, but it also harms patients if they’re charged incorrectly.   Thankfully, there is an easy solution. Outsourcing the dental billing process to a team of dedicated professionals improves precision and efficiency and saves dental offices valuable time and energy. But accurate billing begins with the dental practice itself. To get the best results from outsourcing to SB Dental Solutions Dental Billing Company, look out for these common mistakes:  

       1. Missing Dental Billing Information

    Dental insurance companies require everything on a claim to match their records. Unfortunately, hard-working dental staff may forget to enter a piece of required information into a patient’s file. However, a good dental billing advocate like SB Dental Billing Solutions can help. We transfer patient data electronically, regularly update billing information, and communicate directly between dental insurance companies and dental practices to ensure we have the necessary information.

        2. Record Discrepancies

     On the other hand, the staff may enter incorrect patient information rather than simply skipping a required field. This could include misspelling the name of a patient or policyholder, recording the wrong date of birth, or using an outdated billing address. Just like with missing information, insurers will also deny claims with mismatched records. That’s another reason why SB Dental Billing Solution will confirm all pertinent patient details, which helps prevent denials.

        3. Inaccurate Dental Coding

     Additionally, billing incorrect codes can lead to denied claims if the procedure code doesn't match the diagnosis or if there's insufficient evidence justifying a specific service. Coding errors can also result in overcharging patients, which damages the dentist’s patient relationships and reputation. The primary way to avoid this error is by keeping detailed clinical notes and accurate chart files. Also, dental insurance companies may require a narrative to explain certain treatments. Our billing service offers proven narratives that facilitate reimbursement for those claims.  

SB Dental Solutions Can Help! We examine each claim before submission to prevent clerical issues that cause denials. We then submit claims with all of the proper attachments, including pictures, diagnoses, and x-rays. With our help, dentists see fewer rejections and faster payments, which not only saves the practice time and labor but often increases overall revenue as well.

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Making Dentistry More Gender Inclusive for International Women’s Day

3/7/2023

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       Is your dental practice a woman friendly workplace? Early March marks international Women’s Day, prompting many to reflect on the changing face of women in the workplace. Meanwhile the dental industry has seen an increasing number of women becoming dentists, with the American Dental  HYPERLINK "https://www.ada.org/en/science-research/health-policy-institute/dental-statistics/workforce"Association reporting that women make up nearly 35% of providers. Additionally, women account for the vast majority of dental assistants, hygienists, and reception staff in the US. With all this in mind, creating a workplace that considers the specific needs of women can improve a dental office’s overall effectiveness. So what can dental providers and office managers do to ensure their dental practice is gender inclusive?
       Consider Mothers: This expands to more than Maternity Leave. Make sure that your dental practice provides sufficient PPE for pregnant women performing radiographs. Provide clean, private areas for lactation needs. And you may even want to take a page out of the Google playbook and offer special Pregnancy Parking for expecting mothers. Appropriately Address Uncomfortable Topics: Women face higher levels of workplace harassment than men on average, so responsible bosses need to keep tabs on any inappropriate interpersonal problems in the office. Creating a harassment-free culture can often include help from outside experts, such as gender equality seminars to help facilitate the conversation around appropriate workplace behavior. Ask and Listen: Any employer, regardless of gender, should set aside time to ask employees what changes would help make their workplace a more inclusive space. For example, one dental office learned that stocking feminine hygiene products in the employee restroom lowers female employees’ stress about working during menstruation. Employers who listen to the needs of their staff and take simple, affordable action to meet their needs inevitably reap benefits from a more dedicated, loyal, and dependable workforce.
        We’ve previously discussed that finding and keeping reliable dental staff takes a lot of time and effort. That’s why dental offices need to do whatever they can to make their practice people-forward. Taking steps to create a more inclusive workplace could be a great start for any dentist.

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