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One of the biggest parts of running a dental practice is collecting payments for services. Without this income, your office could struggle to pay your staff and keep up with other expenses like rent. Plus, without payment solutions, you can quickly overwhelm your billing department if they have to split their days between processing new payments and collecting unpaid or incorrect bills. Fortunately, there are some options that can simplify payment collection for both patients and office staff. Here are a few methods to incorporate within your practice to increase […]

The spring is synonymous with fresh starts – setting new goals and priorities and moving away from unproductive habits – but have you considered a fresh start for your practice as well? This is an ideal time to reflect on the health and wellness of billing practices to improve productivity, compliance, and reimbursements and payments for your dental practice revenue. Here are a few areas to consider for bringing more efficiency and convenience to your practice. Embrace Technology Maximize billing and payment productivity by adopting technology designed to simplify processes […]

A dental practice operates like any business: your office needs a mixture of new and returning patients to grow. Some patients will leave and new patients will take their place while returning patients provide a steady stream of income to your business. Customer retention has a significant income on your practice’s profitability. Returning patients spend 67% more on average than new ones because they trust your dental care and want to take advantage of your services. These patients are also more likely to schedule regular appointments for cleanings and x-rays, […]

What is Revenue Cycle Management? Revenue Cycle Management is the series of steps involved in billing and collecting payments.  RCM is a critical process that healthcare and dental organizations must implement to maximize their financial performance. Effective revenue cycle management involves managing the entire revenue cycle process. This is to ensure that dental organizations receive payment for services rendered in a timely and accurate manner. In this blog, we will discuss the importance of RCM and how it can benefit your dental organization. Follow This Revenue Cycle Management Workflow For Optimal Result […]

Providing a great patient financial experience is crucial to the success of your practice. A study by Patient Engagement HIT found that 90% of patients say provider loyalty relies on the billing experience. Increasingly, patients are expecting a smooth billing and payment process like what they experience in other service sectors. A poor experience not only impacts the ability to retain patients and collect revenue. It can ripple across your practice and impact the ability to gain new patients, maintain efficiency, and scale in the future. Optimizing your practice’s approach […]