Solid Reasons to Outsource Your Dental Billing

by | Published on Nov 14, 2023 | Podcasts, Dental Billing & Coding (P) | 0 comments

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Outsourcing dental billing has emerged as a strategic move for dental practices to enhance their bottom line while focusing on patient care. One of the main benefits of dental billing outsourcing is cost efficiency. It alleviates the financial burden associated with in-house billing operations, such as salaries, training, and software investments. Outsourcing provides dentists with access to expertise in billing and coding and ensures adherence to industry regulations and best practices.

In today’s podcast, Amber Darst, Solutions Manager at OSI, discusses 8 solid reasons to outsource your dental billing.

Podcast Highlights

00:54 Why Outsource Dental Billing

02:24 Partner with a Reliable Company

Read Transcript

Hi, this is Amber Darst, Solutions Manager here at MOS, and for today’s podcast I’ll be discussing one very critical aspect of your dental business: dental billing.

A dental practice is a business like any other, meaning that as you focus on your main goal of providing high quality care, you also need to keep a close eye on your bottom line. It’s necessary to generate adequate revenue and profits to build a successful dental practice and keep it running smoothly. However, dental practices have to deal with many challenges, from administrative burdens and regulatory changes to insurance reimbursement challenges.

Outsourcing your dental billing is an efficient way to handle these challenges. Partnering with an expert will ensure that you get compensated for the services rendered and increase your practice revenue.

00:54 Why Outsource Dental Billing

Let’s take a closer look at why outsourcing dental billing makes good financial sense. Here are the top reasons why outsourcing your dental billing is a smart financial move.

  • First, you’ll have an expert team on your dental billing project. In professional dental billing companies, billing specialists stay current with evolving industry regulations and payer guidelines.
  • Accurate and timely claims processing – Outsourcing ensures efficient and prompt handling of your claims.
  • Next, we have your insurance verifications are done ahead of schedule. Dental insurance verification is a critical part of the dental billing process, and outsourcing companies ensure this is done promptly.
  • Improved patient satisfaction – By reducing administrative burdens, you can focus more on patient concerns, building trust and improving patient relationships.
  • Saves money. Outsourcing eliminates infrastructure and staffing cost, making your practice more cost effective.
  • Next, we have your reports are monitored to track your performance. Dental billing companies provide crucial reports for tracking key performance indicators, improving your practice’s financial health.
  • And last, we have dedicated denial management. Experienced billing professionals can handle the denied claims using the best practices and strategies.

02:24 Partner with a Reliable Company

Making the decision to outsource your dental billing may seem daunting, but it’s a strategic move that can lead to long term financial success for your practice. Partnering with a reliable dental billing company will ensure timely and efficient billing, maximize revenue, and ultimately will help your practice thrive.

And that’s all for this.

Thanks for listening in.

Amber Darst

Amber Darst is our Solutions Manager in the Healthcare Division, Practice and RCM. With a rich background in dental services, her expertise ranges from insurance coordination to office management.

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