Dental practices are facing two pain points - billing and collection, which involve billing statements, managing with past-due payment and to get paid on time. Dental billing is more complex procedure and require auxiliary support. Therefore, outsourcing dental billing is beneficial. Dental billing outsourcing can improve your cashflow. Dental Billing Company streamlines billing process, increase cash flow and decrease overhead expense.
Effective Claim Submission Process:
Partnering with dental billing experts for submitting insurance claims will ensure timely reimbursement. It is essential to submit claims on a daily basis, streamlined process to review and validate the claims to eradicate erroneous information which ultimately increase quality and monthly collections.
Minimum Medical Billing Errors:
Dental Billing Company will minimize billing errors by verification of the patient’s information - patient name, address, date of birth, insurance information, policy number, etc, and by avoiding duplicate claim submission. It will also submit claims on time which is very important factor for dental claim processing.
Improvement In Cash Flow:
Dental Billing Company improves the cash flow by denial management by maintaining clean claim ratio above 97%. Claims denials directly impact the cash flow. If the claim denials are not reworked in time it will decrease revenue. Dental Billing Company will track the status of the claim and rework on it which ultimately result in increase reimbursement.
Consider X-Factor Healthcare Solutions LLC as your Medical & Dental Billing Partner
You are at the right place for a Medical & Dental Billing Partner who can focus on your Revenue Cycle Management and make the technology and implementation just as simple.