The Dental Service Organization (DSO) market is rapidly growing, and it isn’t showing any signs of stopping! With over 15% of dental practices in the United States currently participating in a DSO and benefitting from behind-the-scenes administrative benefits, many dentists are feeling the squeeze. Outsourcing key tasks to a skilled specialist like APEX can keep your practice on track until you can scale to afford a full-service administrative center.
Coding and Compliance
Are you correctly billing CDT codes? How much is your practice losing every year due to denied claims? A coding and compliance review will identify weak spots in your practice’s finances and identify areas for improvement. This service from APEX is a way to get high-level administrative expertise without joining a DSO or paying for full-time staff expertise. A coding and compliance review will include a forensic review of your practice, an audit of clinical protocols, a written report and a consultation with suggested next steps.
Credentialing and Recredentialing
Credentialing and recredentialing are time-consuming processes that cause many dentists huge headaches. If you need help staying on track and remaining compliant, consider outsourcing the task to APEX. Our experienced team will handle the credentialing and recredentialing processes from start to finish while providing you with regular updates and staying on top of each insurance carrier. You’ll never have to sit through the frustrating and time-consuming process again!
PPO Reimbursement Negotiations
DSOs have the scale to complete reimbursement rate negotiation on behalf of participating practices. However, your practice might not have the staff or time to dedicate to the important task. Outsourcing PPO fee negotiation to APEX Reimbursement Specialists is the best way to save time and get the best results possible. Our expertise has led to average negotiated increases between 7-12%. Think about how much your practice could do with over 10% extra revenue in 2019! Outsourcing fee negotiation also ensures that your practice negotiates properly with each carrier. We know how to determine what makes you different and how it benefits the carriers you participate with. Using that information, we will negotiate and renegotiate on your behalf.
Grow Your Practice with APEX
The experts at APEX Reimbursement Specialists can help you to explore the best insurance carrier options for your continued growth and sustained success. Contact our team today by calling (410) 710-6005. We look forward to working with you to make your practice a more profitable place.