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Payment Posting: How Does It Work And Why Is It Important?

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  The payment posting process decides if you are getting paid correctly or not. This exhausting process is yet an essential part of the business. To have a dedicated payment posting team like Capline Dental Services offering years of expertise to strengthen financial stability. The payment posting process meticulously handles payments from patients, insurers, and third-party vendors. Linking records with the appropriate patient accounts and updating financial records ensures the practice gets paid for the offered services. Capline Services knows the importance of posting and how it affects the RCM. The experts help the practice to track funds collected, identify outstanding balances, and reconcile the records seamlessly. Benefits of Payment Posting Consistent Cash Inflow Every business is there for the revenue, and accurate payment is non-negotiable. Understandably, it improves cash flow by reducing claim rejections, delayed payments, and wrong payment amounts The practice can iden...

Common Challenges in Dental Billing Statements

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  Dues payable for services rendered to a patient are not an ideal scenario for a dental practice. Payments from patients too must come on time to keep the cash flows going. For a dental practice, dental patient statement services outsourced to a professional agency or managed in-house are vital for cash flows. A dental practice expects a patient to pay the expected amount in full on the day of the appointment or before. However, that rarely happens as the practice needs to send claims to the insurance companies to pay their portions of the treatment offered to patients while the patient also waits to receive treatment and then pays when the job is done. In many cases, there is a bit of inertia among patients to make payments and a consistent approach is needed to receive dues owed to the practice. Once a practice has sent the initial two or three invoices and no response has been received, the dental team needs to follow up and carefully increase the frequency of reminders. At tim...

How Long Does Dental Credentialing Take?

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Dental credentialing is a very important part of practice for any dentist desiring to work in any association with an insurance provider. It simply helps a person verify a doctor's educational background, experience, and licensing. Thus, ensuring the medical care a patient will get when attending that dentist satisfies their chosen insurance company. What exactly does it take for dental credentialing and what factors influence this process? Initial Process in Dental Credentialing This begins with collecting documents, mostly proof of licensure, malpractice insurance, and all the certificates. Submitting them to provider credentialing services will take about one to two weeks in paperwork. Review and Verification Once submitted, the documents go through verification checks by the team of the insurer. In most cases, it takes the insurer 30 days up to 90 days after submission, which depends on the complexity of the dentist's background. While waiting, insurance companies keep chec...

Top 10 Dental Billing Companies of 2024

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In today’s fast-paced dental world, the key to the success of any practice is how efficiently it is billed.   For their financial operations, dentists are looking for specialized billing companies. You will find an endless number of options in the US market. If you are confused and overwhelmed with the options available, we can help. Here is a list of   Top Dental Billing Companies in 2024   to help you make a better choice. Here is a guide to help you get a better understanding of dental billing companies in the US  and how to select one.  Why Efficient Dental Billing is Important? Dental billing is crucial for your practice. There are several reasons for you to work with the   best dental billing services . Let us address the following reasons before disclosing the list: enhanced cash flow Reduced billing mistakes More time to attend to patients Increased compliance with laws and guidelines Resources and knowledge Here is the list of the   best denta...

Why Eligibility Verification Is Crucial For Your Dental Practice?

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For dental practices, it is vital to assure that patients get high-quality treatment and care. Dental eligibility verification is a crucial process that negatively impacts dental reimbursements and patient experience. Thus, dental care providers should ensure a smooth dental eligibility verification process within their practice. If a patient’s dental insurance verification is incorrect, it can result in poor patient satisfaction. This blog highlights the importance of dental insurance verification for dental practices. Read to learn more about dental eligibility verification. The Significance of Eligibility Verification for Dental Practices Exceptional dental care, efficient administrative processes, and robust financial operations are the three pillars of a successful dental practice. Dental insurance verification is an essential process that ensures all three. Let's explore the blog to find out why dental insurance verification is so important for dental practices. S...

What Are The Benefits of Outsourcing Dental Billing?

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The decision to outsource dental billing or avail of dental insurance billing services can benefit dental practices in many profitable ways. This one step can open doors for improved revenue, quality dental care, and a gratifying patient experience.    Every dental practice needs efficient patient eligibility verification, claims management and accurate patient statements to streamline the dental billing process. Collaborating with a dental billing company helps increase accuracy in the dental billing process and improve collections. This blog discusses the benefits of outsourcing dental billing and how dental insurance billing services can help dental practices increase their revenue. What are Outsourced Dental Insurance Billing Services? If you have an in-house dental billing team and decide to switch to outsourcing dental billing, having a clearer idea about dental insurance billing services can be of great value. It will help you analyze or weigh the areas of ...