Archive For The “Blogs” Category

Accounts Receivable Management: Where Should Your Numbers Be?

Accounts Receivable Management: Where Should Your Numbers Be?

As a dental professional and practice owner, you should have clear, definable goals regarding accounts receivable payment performance. No team will be able to help you reach a goal if the goal is vague or not defined at all. If you’re an accounts receivable newbie or just looking to get your practice back on track,…

What Your Practice Needs to Know About Over the Counter Collections

What Your Practice Needs to Know About Over the Counter Collections

What do your receptionists and front desk personnel do at the end of every patient’s appointment? If the answer isn’t “scheduling the patient’s next appointment and collecting the patient co-pay,” you should reconsider your policies! Over the counter collection at the time of service is the best way to maximize your practice’s collection percentage and…

How to Define and Charge for Non-Covered Benefits

How to Define and Charge for Non-Covered Benefits

Non-covered benefits, in light of the Affordable Care Act, have become a bigger issue for PPOs and dental practices looking to provide the best care possible. What are non-covered benefits, and how can you define and collect for them? First: Know Your Laws Depending on the state in which you are practicing, the laws relating…

Are You in Denial About Denial?

Are You in Denial About Denial?

When it comes to managing a dental practice, claim delays and denials are two of the most common complaints that patients and dentists encounter. While every American is not covered by a dental insurance policy, those that do have insurance depend on insurance to offset all or some of the cost of treatment. Denials don’t…

Is Under Coding a Compliance Risk?

Is Under Coding a Compliance Risk?

Most dentists understand that over-coding is a serious compliance risk. However, did you know that under coding can also be considered dental fraud? Deliberate under coding, or falsely stating what services were performed, puts your practice at risk for a steep fine or investigation from an insurance provider. Is Under Coding a Problem? Unfortunately, organizations…

To PPO or Not to PPO?

To PPO or Not to PPO?

Many dental practices rely on PPOs to keep patient chairs full and revenue high. However, your affiliation with PPOs doesn’t need to come at the expense of your practice growth. It’s time to ask yourself the age-old question—to PPO or not to PPO? You Don’t Need to Be in Every Network For new dentists and…

4 Ways to Give Yourself a Pay Raise

4 Ways to Give Yourself a Pay Raise

Are you struggling to balance high overhead and revenue that isn’t budging with your need to get more out of your dental practice? While giving yourself a pay raise might seem like an impossible feat, there are many ways that you can strategically work to raise your revenue and stabilize your practice. Market to New…

Red Flags to Look for When Purchasing a New Dental Practice

Red Flags to Look for When Purchasing a New Dental Practice

Whether you are a newly-graduated dentist searching for a practice for purchase or an experienced dentist looking to add another practice to your multi-practice empire, the new dental practice purchasing process is much harder than it looks. Identifying potential problems before they’re your responsibility is essential to protecting your reputation and your wallet. Pressure to…

What Issues Could Occur During Recredentialing?

What Issues Could Occur During Recredentialing?

Every dentist must complete the credentialing process before he/she can be an in-network provider. However, the headaches don’t end there. Recredentialing must occur every 2-3 years, or you risk claims being denied and patients heading out the door to in-network providers. Forgetting How Often Recredentialing Must Occur Recredentialing, depending on the provider, occurs every 24-36…

All About Third-Party Administrators

All About Third-Party Administrators

The world of PPOs is confusing, and APEX Reimbursement Specialists works with both PPOs and third-party administrators to get your practice the best possible return for the procedures that you perform. What are PPOs and how are third party administrators different? The Basics of PPOs If your dental practice is in-network with a PPO, it…

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