Many dentists spend as much time worrying about their accounting as they do thinking about their patients. Whether it’s getting payment from patients or dealing with insurance companies, there are many ways for things to go wrong for dentists when trying to minimize their accounts receivable. Dentists can save time and money by outsourcing their dental billing department. Here are some of the ways that dentist offices can increase their revenue by using Dynamic Dental Solutions.
At Dynamic Dental Solutions, our administrative support services use streamlined and proven methods that lead to a more efficient and profitable dental practice. Our diverse approach allows dentists to experience an increase in cash flow while being more cost-effective. Our services include dental insurance billing, patient billing, insurance verification, and dental accounting, as well as, medical/dental billing (cross-coding).
Using Dynamic Dental Solutions can have multiple benefits for your practice. Outsourcing your dental accounting allows your staff to focus on the patient experience rather than handling insurance issues. You wouldn’t even lose money by paying to outsource your dental billing since our service can be considered a tax write off for your business.
When a dental practices outsource their insurance billing, it can lead to significant benefits and cost savings for the organization. Our service helps to decrease insurance aging while increasing insurance collections for a practice. And our expert claim denial management will result in maximum insurance reimbursements.
Having a streamlined process that leads to better reimbursement rates helps to provide organizational stability for your front office. Dynamic Dental Solutions offers additional services that can also improve your practice, such as insurance verification, patient receivables billing, dental accounting services, and more. Outsourcing these billing functions also provides some protection against misappropriation, since an outside party is reviewing the books and will notice if things are amiss.
Dynamic Dental Solutions utilizes insurance billing tactics that are known to succeed, and you can see that through our average results. On average, 95 percent of the insurance claims we submit for clients are approved on the first submission. And in the unlikely event that a claim is denied, we are experienced with navigating the appeals process for various insurers. We have had more than 100 insurance denials overturned. These actions have led to substantial benefits for the practices that use our services. On average, dentists saw their revenue increase by 20 percent when they began using Dynamic Dental Solutions.
Outsourcing dental billing will benefit your staff by freeing up time. Handling billing and insurance issues can eat up a lot of time. At Dynamic Dental Solutions, we offer complete dental insurance and patient billing support for your practice. Your team can stop searching for insurance codes or navigating insurance policies, and they can spend more time providing your patients with world-class service.
If you’re interested in learning what Dynamic Dental Solutions can do for you, send us a message online to schedule a free, no obligation consultation.
