In my over 20 years in the dental industry, I have seen practices lose money time and time again because of lack of knowledge and/or training in working with insurance. Many don’t even realize to what extent they are losing. Here are some of the most common ways practices lose money every day.
This is why I started Virtual Dental Office. I wanted to help dental practices better manage the insurance side of their business. Over the past few years I have had the pleasure of seeing how staying on top of insurance can make a huge impact on the bottom line.
As much I as I love being able to take these insurance tasks off the hands of dental practices, I know they need more. I believe that with the proper training and education dental professionals can stay educated in the ever-changing world of dental insurance, and make a significant impact on their dental practice’s bottom line.
This is why I have been working feverishly over the past few months to figure out how I can provide practices the tools to avoid costly insurance mistakes. Next week I will be launching an exciting new platform that has the power to change all of that.
Is your practice losing money on insurance? Stay tuned…
- Writing off money when it is not necessary
- Missing the timely filing deadline for insurance claims
- Submitting PPO plan fee on the insurance claim form
- Not charging the full practice fee when procedures are not covered by insurance (when applicable)
- Not following up on unpaid insurance claims
- Credentialing errors
- Not leveraging benefit information in the practice management software
- Not reading/understanding the PPO contract
- Not asking for a fee schedule of the PPO plan before they sign
- Not knowing which companies the practice is in network for
This is why I started Virtual Dental Office. I wanted to help dental practices better manage the insurance side of their business. Over the past few years I have had the pleasure of seeing how staying on top of insurance can make a huge impact on the bottom line.
As much I as I love being able to take these insurance tasks off the hands of dental practices, I know they need more. I believe that with the proper training and education dental professionals can stay educated in the ever-changing world of dental insurance, and make a significant impact on their dental practice’s bottom line.
This is why I have been working feverishly over the past few months to figure out how I can provide practices the tools to avoid costly insurance mistakes. Next week I will be launching an exciting new platform that has the power to change all of that.
Is your practice losing money on insurance? Stay tuned…
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