Dental insurance has become a way of patients’ life to be at ease and convenience with their dental care bills. Patients nowadays prefer to pay their dental treatment expenses through dental insurance instead of making upfront out-of-pocket payments. Though dental insurance is an easy way for patients to mitigate the stress of their dental care costs, insurance-led payments, on the other hand, may lead trouble to dentists if they are not handled in the right manner particularly when there is a risk of low reimbursement.
As a matter of fact, dealing with dental insurance is all about prior verification of patients’ insurance plans and the probability of timely collections of payments through respective insurers. You, being a dentist, may possibly have expertise in things pertaining to dentistry; however, you may not equally be proficient in settling insurance claims. On the other hand, we, the ‘Elite DentalRCM’ team, can proficiently address the concerns regarding dental insurance, i.e., claim submission, collection of co-pays and out-of-pocket fees from insured patients on your (dentists) behalf.
Inefficiency to insurance claims submission may bring financial troubles for many who seek payments through their customers’ insurance plans. Dental insurance claims are no exception in the course. Improper insurance claims submission and collection practices may delay the payment causing a significant blow to consistent cash flow and overall revenue at your dental care facility.
With the above note in view, we urge dentists to look for an aid to handle the hardships coming out of inefficient claim submission system. We, the ‘Elite DentalRCM’, can lighten your (dentists) load by setting insurance claims things right. Allowing us to be your aid to handle your dental insurance cases can make a world of difference to your dental practice and revenue that you make out of it.
It may seem convenient to “save up” claims for several days before making the actual submission. This, however, may induce a negative impact on revenue and cash flow. You, the dentist, need to be wary of the fact that claims received a year later, i.e., after 12 months from the date of treatment may not be payable in some cases. Now, it can be easily understood how significant it is to make prompt claim submission to further ensure the timely reimbursement for the dental services catered to patients. We, the ‘Elite DentalRCM, can make quick insurance claims submission on a daily basis to ensure timely reimbursement out of dental insurance for or on behalf of our esteemed community of dental care professionals.
You or your staff at your dental care facility may be skilled enough to cater to patients with dental services; however, may not know even half of the dental insurance claim submission and collection process. A minor error in the submission procedure may cause a claim to strike back for resubmission leading to delay in the payments. We, on the other hand, do a double-check on insurance claims to ensure error-free and accurate insurance claim submission process.
There is no reason to drop your guard when it comes to making dental insurance claims submission and collecting reimbursements from insurers. The delay in the claim submission can cost you high later leaving you stranded with no means to manage your dental services at your dental care facility. We, the dental insurance claim experts at ‘Elite DentalRCM’, look for the possible reasons that may possibly cause a delay in the claim submission and collection process. When we are aware of the principal causes behind the delay in claim submission, we can better take the necessary measures to resolve the persisting problems to resolve the issue. Overall, we can come to your aid to ensure timely reimbursement out of patients’ dental insurance who you served with your dental care services.
Having clear and concise payment policies at your dental care facility can save your day. Make sure that some parts of the dental care bills are paid upfront out-of-pocket right after patients are served with dental services. It’s not wise to leave everything of dental service under the insurance coverage as it may lead to payment pendency causing lower cash flow – it may be financially risky in the long term.
We, the ‘Elite DentalRCM’ team, can help you frame the right payment policy for patients that encourage patients to pay for dental treatments right after receiving dental service at your dental care facility. All dental services are not covered by patients’ dental insurance and this is one of the most crucial norms of the smart payment policy. We can also structure several other significant norms for your dental care facility that put patients under an obligation to pay upfront for the dental services and you can leave the remaining dental insurance part in our safekeeping – we will take care of it warranting you with timely reimbursement.
With the smart payment policy in place, you will be able to maintain the cash flow with recurring revenue through your dental practice and that without stressing yourself out about payments, dental insurance claims submission, and collection.
