How Outsourcing Dental Billing Could Improve Your Practice’s Finances

July 29, 2024

Filed under: Uncategorized — dentalsupportteam @ 8:43 pm
tooth model with $100 bills in the background

Your dental practice stays busy on a day-to-day basis. You have a steady influx of new patients, and your current patients seem happy, but your revenue doesn’t seem to reflect this apparent success. When your office manager recommends outsourcing dental billing, you wonder whether it would be beneficial for you. It’s definitely something you should consider! Why? Check out these reasons!

Faster Payments

Although you may have become a dentist to help people or to make a difference in their lives, you are ultimately running a business and are responsible for paying your employees as well as putting food on the table for your own family. As a result, you can’t afford to have a pile of unpaid bills for insurance. You need to be paid on time so that you can at least meet your financial obligations, not to mention any expand or acquire additional equipment.

However, dealing with dental insurance companies can be time consuming and tedious. In fact, phone calls can last hours! Surely, your team has better things to do in your office than being on hold.

If you want to thrive, you have to keep your cash flow in the green, and outsourcing filing claims and billing is a great way to stay on top of what you’re owed. At Dental Support Specialties, we give your team freedom to manage other important administrative tasks and take care of your in-office patients.

Less Time Training, Less Expense

Insurance of any kind is complicated and requires a knowledgeable professional (or group of professionals) to handle verification and claims correctly. Dental insurance expertise can be hard to come by, which means you would normally have to spend valuable time and resources training team members. However, staff turnover has increased across the industry, especially since the COVID pandemic. You can invest in your people and get them trained, and they could change jobs, leaving you back at the beginning with the same problem.

Outsourcing dental billing means you don’t have to do worry about dedicating time and money to training. The team at Dental Support Specialties consists of experts with years of experience in the dental field. We already know how to deal with insurance companies and what is needed to get claims approved and paid.

Instead of falling behind in your insurance billing and putting your practice at risk of failure, you can have a team of dental professionals take over this essential task, ensuring positive cash flow. Get a clearer idea of how your practice is doing financially by getting help!

About Dental Support Specialties

In addition to dental insurance verification and billing, Dental Support Specialties can also provide dental answering services for incoming phone calls, chart auditing, and other special administrative projects. To have a complimentary support analysis consultation, reach out to Dental Support Specialties online or call 330-236-0570 to schedule this meeting.

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