Future of dental practices how can a billing partner help overcome potential challenges

End to End Medical Billing Solutions
Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
www.medicalbillersandcoders.com
Copyright ©-2013 MBC. All Rights Reserved.
Page 1 of 7
Future of Dental Practices- how can a
Billing partner help Overcome Potential
Challenges?
Currently, dental practices in the US are going through a period of
transformation. Nature of oral disease and financing of dental care is fluctuating,
with emerging trends all set to affect the future of dentists.
 Population in the country is getting old and diverse, leading to differences
in payment ability, care-seeking behavior and disease pattern

Page 2 of 7
 In order to meet increased dental care demand, a large number of dentists
are being trained; however, practice choice for new dentists is changing
due to debt load and change in demographics
 There has been a shift in dental service payment from commercial dental
insurance to personal out-of-pocket and public coverage payments
 More selective networks are being used by commercial dental plans,
pressuring providers to reduce costs. Increased accountability is being
required from providers through data and performance measures

Page 3 of 7
 There has been an increase in pressure on expanded dental teams to offer
restorative as well as preventive services
 Due to practice patterns of new dentists and dental plan pressures on
small provider networks, large, multi-site dental practice trend will
continue
 Emphasis will increase on outcomes and cost-effectiveness. Expansion of
Medicaid and reforms will encourage dental care alternative models

Page 4 of 7
More efficiency required:
Dental practices will have to be become more efficient due to increase in demand
for value in dental care spending. With the changes in population and
technology, daily operations of dental practices will get affected, causing
disruption in cash flow.
Providers will have to streamline dental billing, hire or train coders and billers,
invest in latest dental technologies to stay in business. Overhead costs continue
to increase for dental practices combined with high costs of advanced
technology. High level of efficiency will be required to ensure that pressure from
reforms or lack of time, money and resources don’t affect the financial health of
dental practices.

Page 5 of 7
How can a dental billing partner help?
Generally, dental reimbursement rates are poor compared to medical
reimbursement rates. Profitability can be maintained only when dental billing is
streamlined and the following areas are under control:
 Payment posting
 Patient reminders and scheduling
 Medical coding audits
 Patient enrolment
 Insurance verification
 Financial management reporting
 Accounts receivable management
 Insurance authorizations

Page 6 of 7
These areas can be a lot to handle if dental practices lack skilled resources and
sufficient time. In such cases, outsourcing is the best option to survive in this
business.
Billing partners like Medicalbillersandcoders.com have a skilled team of coders
and billers who are well-trained in handling dental billing requirements. MBC
works with the aim to help providers, including dentists get rid of daunting tasks
such as hiring, training, HIPAA, claim submission, claim denials, RCM and other
factors that pose challenges to core medical efficiencies.
Our team ensures accuracy in charge capture, electronic claim filing, intricate
procedure coding, multi-tiered appeals, and compliance. We make use of the

Page 7 of 7
latest technology to offer timely, accurate results. While our team concentrates
on strengthening your revenue cycle and offering help to overcome challenges,
you can concentrate on quality patient care.
Related Posts:
 How Can Outsourcing Solve Medical Billing and Reimbursement
Challenges for Physicians in 2014?
 How can outsourcing help you Deal with Shortage of Trained
Medical Billers and Coders?
 Eliminate the Burden of Medical Billing and HIPAA Regulations with
a Billing Company

Future of dental practices how can a billing partner help overcome potential challenges

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Mehr von Medical Billers and Coders

Mehr von Medical Billers and Coders (19)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Future of dental practices how can a billing partner help overcome potential challenges