SB Dental Solutions
  • Home
  • Services
  • Prices
  • Contact
  • FAQ
  • Blog

How Our Dental Billing Service Solves 3 Common Dental Office Disasters

6/28/2023

1 Comment

 

    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.  

​     
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.

1 Comment

How Dental Billing Services Make Taxes Simpler

6/11/2023

0 Comments

 
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.

​
0 Comments

    Author

    SB Dental Solution 

    Archives

    April 2025
    February 2025
    January 2025
    November 2024
    October 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    June 2023
    May 2023
    April 2023
    March 2023
    October 2021

    Categories

    All

    RSS Feed

Picture
Contact us

Email Address:
​
[email protected]

Phone Number / Sales:

(+1) 800 208 5515
​
Navigation

Home
Services
Prices
Contact
FAQ
Blog

  • Home
  • Services
  • Prices
  • Contact
  • FAQ
  • Blog