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?
Whether you’re an oral surgery professional or work at a general dental practice, you probably have assumptions about how oral surgery (OMS) billing should work, and how it impacts revenue and workflows. With the complex nature of oral surgery billing — and its high stakes — it’s important that you know the truth about it.
All dental businesses face challenges, but dental service organizations (DSOs) seem to struggle constantly with high accounts receivable (A/R). Our experts have seen this problem across the board, so we can’t help but wonder: Why do DSOs have high A/R — and how can they fix it?
