Delay in claims settlement is one of the major reasons of reduced profitability for dental practitioners. This is despite the introduction of favorable medical billing and coding changes in the healthcare industry. With more than a few dentists having to leave 16 - 30% of their revenue on the table due to rejected claims, further delay in the claims settlement can negatively impact the overall financial viability of their dental practices. Even though it is not restricted to dental billing alone claims settlement delays due to carrier processing and specification becomes more common with the cross coding concept frequently adopted by dental billers.
Following dental billing and coding tips can help your dental practice cope with claims settlement delays and further reduce the delay period over a long term -
Even though these tips are simple to adopt in your current billing and coding practices, you may face various challenges in pursuing your carrier for speedier claims settlement. MedicalBillersandCoders.com can become a valuable billing partner for your billing service in such scenario. Our dental and medical consultants follow up each claims proposal and appeals to ensure timely settlement and improved profitability for your dental practice.Back