Does revenue management in dentistry have to be this hard? Look to dental billing services for the answer
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Isn’t it a little crazy how most dental professionals don’t learn about management in dentistry while they are in school?
But a dental practice is a business. Therefore, managing it effectively is paramount to your revenue, the professional success of your team members, and your patient’s dental health. But where do you start in improving your management in dentistry?
Management in dentistry can be elevated through outsourcing a dental billing service.
DCS is a full-service dental billing solution for teams looking to take their management in dentistry to the next level. Through years of service, we’ve seen how dental billing services have made managing a dental practice easier for leaders, resulting in cash flow you can count on.
In this article, we will share 3 ways a dental billing company can help with management in dentistry. By understanding the way your management could improve by outsourcing dental billing services, you will be able to make an informed decision on if this service is right for your dental practice.
1. Your billing processes will be streamlined, leading to more revenue
When you manage a dental practice, it can seem like you have a never-ending list of responsibilities. There’s always another line item on your to-do list.
One of those items that has several elements to it? Your billing process.
And this is your most important process as a manager because it’s what keeps your revenue cycle turning. If the dental billing process is stalled or halted, it will result in less cash flow for your dental practice. So, as a manager, it’s your job to keep your billing process streamlined.
Related: Why a profitable dental revenue cycle depends on a good billing process
One of our founders at DCS was previously an office manager. When he noticed that his old dental office was losing money to insurance companies, he knew there was a need for a streamlined dental billing process.
“We realized that each dental office had a different way of doing dental billing. So, when we centralized it and put it into a process, the numbers just exponentially grew, and so did the bottom line.”
Needless to say - a streamlined billing process will improve your cash flow. A dental billing service will help create these streamlined processes for you by implementing their expertise and best practices when handling your insurance and/or patient billing.
This will reassure you and your team that each step of the billing process is checked off of that to-do list, but also is being completed accurately. When your insurance and patient billing processes are organized, streamlined, AND handled by experts, you’ll start to see your revenue increase.
2. Your dental team will have clearer roles and responsibilities, increasing productivity
A huge problem we see when it comes to management in dentistry is how the workload is divided up. Specifically, how the administrative work is divided up.
Certain tasks are assigned to whoever on the front desk team can make time that day to complete it. This can lead to:
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Confusion on who is responsible for what - resulting in the task not being completed.
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Team members stepping on one another toes - resulting in resentment among your staff.
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Certain team members take on more responsibility than they can truly handle.
All of these things combined will lead to less revenue for your practice, but also a toxic workplace for you and your team. When you outsource dental billing services, they will take a huge workload off your front desk staff’s plate. This way, it’s easier to divide up the front office tasks, and no one is overworked.
Related: 3 simple ingredients to elevate your dental office management: financial and professional
When this is the case, your team is free to give more of their time to tasks such as scheduling, promoting the dental practice, and giving patients an amazing experience at your office. Their productivity will skyrocket. Remember, a happy team is a productive team!
3. Your patients will receive better care - personally and financially
Managing your dental practice can be a huge challenge. When there is a frustrated, overwhelmed front desk team that is trying to balance the billing process with in-person patients, the patients feel the stress and tension.
When your team is stressed, they aren’t able to give the best patient care possible.
But when the workload of billing has been lifted off of their shoulders, they can focus on creating relationships with patients that will last a lifetime.
Outsourcing both your insurance and patient billing processes can lead to your patients having a better experience at your practice, leading to more seamless management for you.
When you outsource your patient billing for example, you can depend on an automated system to send your patients statements and reminders of their balance.
You don’t have to spend time or money on phone calls or postage. Your patients will also appreciate your modern payment methods at your dental practice.
And when you outsource your insurance billing specifically, your team doesn’t have to spend time on the phone with insurance companies, following up about appealing denied claims. They can instead focus on patient care.
Happy patients equal a happy practice leader.
Ready to get easy cash flow through effective management in dentistry?
Management in dentistry can be a huge responsibility. But with the right solutions, you can collect the money you’ve earned from patients and insurance companies, while also providing an amazing dental patient experience at your practice. Dental billing services can make this a reality, making management easier, your team less stressed, and your patients happier.
DCS’s billing services will equip you with the time, expertise, and extra revenue you need to manage a successful dental practice. Your practice is easier to run when you can count on a worry-free revenue collection.
To learn more about our dental billing services, schedule a call with one of our experts.
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