If you want to take your dental practice from one that simply coasts to a practice that thrives, you’ll need to get a handle on your dental billing.
The industry of medical billing is huge because professionals of all sorts depend on these billing practices to earn revenue. You’ll need to draw in money from patients that have received your services, and this is both an art and a science.
To this end, follow these tips so that you can make the most of your dental billing needs.
1. Go Through Every Part of the Claim Before Processing It
Too many medical practices make the mistake of haphazardly rushing through their claims in an attempt to get paid.
When this happens, mistakes are made that can be far more costly in the long run. These errors can hamstring your entire billing process, making it virtually impossible to manage your books with any kind of efficiency.
You’ll avoid these mistakes when you instead go through each and every part of the claims process to ensure accuracy and completeness.
2. Verify Your Patient’s Insurance and Ensure That They’ve Filled Out Their Information Correctly
The entire claims process starts with the information that your patients give you. Because of this, you’ll be able to streamline and expedite the process when your patients are accurate and thorough about their insurance.
Be sure to verify their insurance at the start of service, so that you know what company you are billing and what sort of processes they operate under. This is also why it is so crucial that you get specific about which insurance companies you work with, and stick to those select companies.
3. Work With a Claims and Collections Company
Having some help with your claims process will be worth its weight in gold.
Working with a professional can help you find and use better practice solutions that will help your company thrive. Research the company to make sure you agree with their collections processes since they will be an extension and representation of your business.
Check around for as many companies as possible until you find the billing solutions that work.
4. Set a Schedule to Follow Up With Claims
You’ll need to have a consistent schedule for your claims processes, both in terms of billing your patients and the insurance company.
Find the schedule that works for you and stick to it. Not only will this help your company stay more organized, but it will also cut out some of the confusion that can come about.
5. Keep Your Records as Organized as Possible
The more organized you are across the board, the easier your billing process will be.
You can keep hard copy files and also store your records digitally. By managing your records in this way, you’ll pass along consistent information to your patients and their insurance companies.
Work Out the Kinks With Your Dental Billing
Put the time and effort into your dental billing process and the rest will be smooth sailing. You can use these tips to get started.
When you need to learn more about medical billing and claims, check out the rest of our content.