4 dental billing misconceptions that can be hindering the growth of your practice
- Monday 5th September 2022
- Yash Rajan
When it comes to guaranteeing timely cash flow and preventing errors that might cause issues for your patients, understanding how to manage dental billing effectively is a necessity. It may be challenging to determine whether information is true when it comes to dental billing, though. Here are four widespread misconceptions about dental billing that might be adding needless stress to your dental practice.
1.Simply submitting claims is what dental billing is
Although filing claims is a significant portion of the dental billing process, there are several other elements that may be able to improve your revenue cycle. For instance, a crucial stage in the dental billing process is to make sure you confirm and collect the patient's insurance and copayments before performing services. This guarantees you get the patient's share of the money before providing services, which is frequently more fruitful than attempting to track them down later. Additionally, this guarantees that your insurance information is current, enabling you to make precise claims and receive payment more quickly.
- Dental clinics cannot submit claims to medical insurance companies
Certain operations can be covered by medical insurance, while it is more typical for people to have separate dental insurance coverage. This is frequently not an option for cosmetic dental operations since, like other medical treatments, services that may be covered by a health insurance company are typically restricted to those that are thought to be medically essential. Your office probably works with a lot more dental insurance companies. But you may have even more possibilities for simplifying your patients' life if you fully understand how you might be able to assist them make use of their normal health insurance policies.
To provide this choice to your patients, you will often simply need to be licensed to carry out a certain surgery and have a sufficient grasp of the medical billing and coding process. The processes for correctly billing a medical insurance provider as a dentist may differ slightly from those for correctly billing a dental insurance provider. You typically won't need any extra certifications for your patients to have another option for covering some of the procedures you already offer.
Too few resources are available to especially assist with dental bills
Medical and dental billing have many similar processes in common, but they can differ greatly. Finding information about medical billing best practices is frequently simpler when looking for billing resources. Nevertheless, you may find a ton of dental materials that can assist you at every level of the billing procedure.
Dental billing outsourcing is simply a temporary fix
Getting immediate results is only one of the numerous advantages of outsourcing your dental practice's billing, but doing so may also be a workable long-term option. Many dental practices start the process of outsourcing their dental billing requirements to a third-party business as a way of resolving a short-term issue. Staffing shortages or a lack of access to the most recent technology, without taking into account what staying with that business indefinitely might entail.
Although dental billing might be difficult, it need not be as difficult as some myths would have you believe. A dependable dental billing partner like VLMS Global Healthcare may make the difference between a difficult and inefficient billing procedure. If outsourcing your dental billing sounds like a viable option for your clinic, get in touch with us right now.