Did you know that many insurance carriers have tiered networks and multiple plan options? When working with insurance companies, it’s important to understand what your practice is signing up for and the nuances of tiered options. What Are Tiered Networks? Tiered networks are designed as cost-saving mechanisms for members. These networks allow carriers to maintain…
At APEX Reimbursement Specialists, we are proud to be a company centered around analyzing data to the benefit of our clients. As a data-driven company, we are committed to accurately evaluating the market and the fee portfolios of all of our clients to offer the right information for practices to make informed decisions. Why Does…
Dental Service Organizations, also known as DSOs, are experiencing a period of continued growth and capturing more market share. Over the past 5-10 years, the largest DSOs have grown 13-14% annually. The DSO market currently controls approximately 16% of the dental practices in the United States, and a recent projection predicts that that number might…
Over the course of the past decade, 1 in 4 Americans delayed seeking dental treatment because the cost was too high. There’s a good chance that your dental practice has a wide variety of patients that fit that statistic. Due to the high cost of high-quality dental care, many patients are turning to Discount Dental…
Employer dental benefits are no longer a nice add-on, but instead an expectation of many employees. Some patients will stay with your practice in spite of their dental benefits, but many more will flock to your office specifically because of your participation in a certain plan or provider. While the majority of employees believe that…
One of the unique services that we offer at APEX Reimbursement Specialists is known as Provider/Carrier Participation Analysis or PCPA. This service is a fantastic way to learn more about what networks your providers are participating in, what carrier networks your providers are not on par with and receive additional advice about adding or removing…
While you hope that patients flock to your dental practice because of your quality work and excellent bedside manner, there’s a good chance that many of them are there because of employer dental benefits. The majority of individuals and families choose a dentist based on coverage, which means that if you don’t understand employer dental…
Reports are critical to the success of every dental practice. After all, if you don’t know what you’re doing, how much you’re collecting and how many patients you have, how will you ever be able to strategically plan for the future? If you aren’t sure what reports you should be running or why they matter,…
The right practice management system for your dental practice should help you to be as productive and profitable as possible. Selecting the right system and software doesn’t need to be hard, as long as you are taking the most important features into account. Functionality As a dentist, you need to provide patients with the best…
This is a guest post from Carestack. Dental practices deal with various instances where they are forced to use physical records. These include coordinating with suppliers, dental labs and other service vendors as well as maintaining patient records, schedules, reminders and calendars. Current practice management systems offer integrated solutions that streamline every bit of your…
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