Dental billing can be a daunting, time-consuming task. Some of the common dental procedures have low billing value. If error-free claims are not submitted on time dental practices can start losing revenue. It is thus important for dentists to monitor the practice’s billing procedures. This will help them identify billing errors that not only affect revenue but also create red flag for insurance audits.
Here are six common dental billing errors that can affect the revenue of a dental practice:
These mistakes result in substantial revenue loss for the practice. It is necessary to ensure that a procedure is billed only if it has been performed. This mistake is caused when billing gets initiated at the beginning of a treatment or during the treatment. If the billing staff is not trained, he / she just bills as per the dental treatment plan assuming that all the procedures were performed even if they were not completed that day.
Finding Ways to Recover Lost Revenue
In case of Medicare the government doesn’t accept “clerical errors” as a defense. Once improper billing procedures have been identified, dentists need to find ways to recover lost revenue.
Similar to any other medical specialty, dentists are also held responsible in case of fraudulent billing practices. But considering the increasing paperwork, documentation requirements, coding complexities and compliance to HIPAA and other reforms, many dentists have started to outsource dental billing services to companies like MedicalBillersandCoders.com.
Outsourcing partners for dental billing like MBC have a team of coders who are acquainted with ADCA (American Dental Coders Association). They are well versed in dental coding techniques and the industry requirements that are necessary for dental billing. MBC is the perfect choice for dentists looking for dental billing services in Florida or in Texas. While an expert team handles all dental billing requirements, dentists can use their time to concentrate on quality care provision.