Imagine delivering top-notch dental care, only to have your hard-earned revenue slip away because of a missed insurance deadline. Timely filing is one of the most critical aspects of managing your dental claims, as it can do significant damage to your bottom line, yet it’s often overlooked — until it’s too late.
If your dental practice is struggling under a hefty accounts receivable (A/R) balance, you’re not alone. In fact, most dental practices face high A/R at some point. What separates successful practices from the rest is what they do about it.
According to the Colorado Dental Association, between 20% to 60% of dentists will experience fraud at some point in their careers. Will you be one of them? Or will you take these key steps to protect your dental business?
Embezzlement and fraud are a widespread problem in the dental industry. Embezzlement happens internally, and fraud sometimes occurs accidentally. Why are these two serious crimes so common in the dental industry — and how can dentists safeguard their businesses?
