Understanding Medical Billing for Dentists in 2019
Understanding medical billing for dentists is easy if you have the right information. As a Dentist, Oral Surgeon, or Physician of the mouth it may seem questionable that one can actually utilize medical billing in a dental practice and we agree. This is exactly why throughout the course of this article it is our goal to help you as a dentist understand how medical billing is not only something you shouldn’t regard as questionable, but rather a necessary consideration to help your practice thrive. No, we’re not advocating for doing medical billing for dental procedures. As a matter of fact, quite the opposite. As an oral physician of the mouth there are certain procedures that are done in your practice that are in-fact considered medical necessities. Because these are medical procedures it makes sense to bill them as such. The question we often get is: how? Before we jump into the “do’s” and “dont’s” let’s first ensure that you have a full understanding of medical billing for dentists.
Medical billing is the process of submitting/following up on medical claims with health insurance providers to receive payments for the services provided by the healthcare professional. The medical biller is responsible for following up with the health insurance company to ensure the medical practice receives reimbursement for their work. A reliable medical biller can optimize revenue and cash flow for the medical practice. This article provides information on why understanding medical billing is important for the practitioner to take his/her medical practice to the next level.
Apart from the office staff, a dental practice is only as good as its back-end team. The medical billing and coding team is the invisible engine in your practices machinery. They should make sure the billing is done properly and all medical codes are up to date. This is critically important for the growth of your dental practice in the long run. Understanding medical billing is quite challenging to the average dentist however. The average dentist may not have access to the required skilled manpower to perform such tasks. That’s where third-party medical billing services come in handy. There are many advantages to outsourcing your medical billing needs to a professional medical billing service provider. Below we’ll jump into some of the many benefits of outsourcing your medical billing to a third-party medical billing service.
Why Understanding Medical Billing for Dentists Will Benefit Your Practice
Many dentists misunderstand the outsourcing process and may even believe they will lose control over their practice. The truth is however, you will have more control over the entire process when you hire a reputable medical biller-coder to handle this work for you. Medical billing services have more control over the billing process because they employ highly trained and dedicated billing staff to do the job. Your practice will benefit from the highly specialized services provided by a company like OneMedAll.
To quote one of our clients, Dr. Leonard Smith:
If I hadn’t spent 3-years trying to “crack the code” myself I would have made a lot more money in my practice. …it wasn’t until I found a good medical biller-coder that I was able to truly see what type of difference it could make for my practice.
How Medical Billing for Dentists Will Transform Your Practice
If the quote above doesn’t necessarily resonate with you, then perhaps knowing that you will also save a lot of time and money in terms of salaries and other perks to in-house employees by outsourcing the billing process should. You won’t have to purchase and maintain any billing software under such circumstances. The reduction of overhead costs is another important benefit of hiring a good medical biller-coder to do all the billing work on your practices behalf.
Outsourcing the billing process to a reliable service provider is 100% safe. A reputable and experienced billing service will provide a transparent billing process. A reputable medical billing service has a 100% secure and HIPAA-compliant billing process. It safeguards the process against any hacking attempts. The right company will make sure the data is kept secure at all times. They have the required security infrastructure levels to keep your data safe and secure. Just another reason why you may consider outsourcing your medical billing process to a third-party service provider like OneMedAll.
The rules and regulations in the medical billing industry are constantly changing. Keeping up with these changes can be quite challenging and time-consuming. If you outsource your billing/coding needs to a good biller/coder they will manage and stay on top of the changes in rules and regulations in medical billing. This frees up a lot of time for you to focus on what matters most in your practice.
With more than a handful of medical billing service providers to choose from, choosing the best candidate for the job may not be easy. OneMedAll recommends checking the reputation, experience, credentials, and customer feedback of the potential company when choosing a reliable medical billing service to outsource your medical billing needs. The aforementioned article provides information on why understanding medical billing for dentists is important to take your practice to the next level.
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