Running a dental practice is more complicated than many people realize. The hardest aspect of the job isn’t helping patients but instead dealing with the complex coding and billing systems required to get paid by insurance companies and the government. Minor mistakes can have a significant effect on revenue in the form of fines, chargebacks, and unpaid bills. Dental practices can save money on coding errors and chargebacks by outsourcing the billing to Dynamic Dental Solutions.
Medical coding and billing is an area that is continuously changing, and it can be difficult for dentists and their staff to keep up with every change as quickly as it’s made. These lapses are understandable. But if your team keeps submitting erroneous reports until someone higher up notices, a dental practice may find themselves getting a lot of expense chargebacks and fines.
When you outsource your dental billing to Dynamic Dental Solutions, you can rest assured that we are on top of every change that’s happening in dental coding and billing practices. Unlike the office staff who have medical billing as one of the many things they have to juggle, our team only works on these financial issues. This focus ensures we always know about upcoming changes that affect our clients, even before they do.
Outsourcing your practice’s billing to Dynamic Dental Solutions addresses many of the issues that cause billing errors when it’s handled by internal staff. The internal staff at a dentist office may lack time to ensure all of the billing codes are entered promptly, which leads to errors later when they’re rushing to catch up. Similarly, clerical staff for the dentist may be distracted by interrupting phone calls or questions from patients. When you outsource dental billing, you know the invoice will be processed as quickly as possible, and there won’t be other tasks that will distract our team from using the proper billing codes.
Another issue dentist face is a lack of expertise in insurance billing, coding, and claims processing among their clerical staff. Many insurance billing coders learned in weekend classes, and they carry forward any misconceptions that weren’t explained in class. State certification exams don’t require a perfect score, and many dentist practices end up losing a lot of money as coders make routine mistakes. Dynamic Dental Solutions works with professionals who have spent many years in the coding industry and have demonstrated an ability to do their work with very few mistakes ever slipping through.
At Dynamic Dental Solutions, our insurance billing includes the daily processing of insurance claims, checking for claim accuracy, correcting and re-submission, posting EOBs and EFTs with correct adjustments into patient accounts, claims aging follow-up including denial management and appeals. We are an all-encompassing insurance service.
Dynamic Dental Solutions can even help dentists before they even begin the procedure. It’s possible to maximize the reimbursement ratio for a practice by using our insurance verification service. Before a new patient arrives for their appointment, dentists will know critical information such as effective dates, maximum and deductible information, covered benefits, plan exclusions, and co-payment amounts.
To learn more about the way Dynamic Dental Solutions can help dentists increase their revenue, send us a message online to schedule a no-obligation consultation about dental billing outsourcing.
