Insurance claim reimbursements are a significant source of income for dental practices. Ignoring this key aspect can be very costly for your practice. You must make sure that your dental claims billing is accurate and speedy, so your claims are settled fast and you earn more with maximum profits.
And that is only achievable if you outsource dental insurance billing to a reliable dental billing company.
You might be wondering why you shouldn’t choose in-house, which gives you more control and visibility over the process.
Worry not. We’ll guide you in detail on how outsourcing billing can be a game-changer for your dental practice.
In-House Billing: A Costly Measure
Before discussing how your practice can benefit if you choose to outsource dental billing and coding, let’s discuss the challenges that come with in-house billing.
The in-house model incurs many costs for your dental practice. From training new internees to hiring expert billers and paying them monthly salaries, your practice must bear expenses.
Just imagine with this single statistic from Zippia: the average annual salary of a dental biller in the US is about $44,147 per hour. Now just add another expense to it! You’ve to pay the salaries of other staff who manage your dental practice’s day-to-day administrative and clinical tasks.
Moreover, the hassle of handling frequent billing claims and constantly pursuing insurers can affect your staff’s performance. It leads to burnout, and staff may also resign. This staff turnover affects your practice’s cash flow, impacting your overall finances.
You’ll have to train and hire new interns, which consumes much of your time, and requires them months to learn and enhance their skill set to efficiently process claims. And again, you can’t guarantee that these claims will be free of errors, and there will be no claim denials.
With all that, profitability is hard to sustain. Now we’ll proceed to the discussion and see how your practice can benefit from outsourcing your billing.
Benefits of Outsourcing Dental Billing
Overlap Between Dental and Medical Billing
Dental practices are often confused with dental billing and medical billing for dentists. These two terms are often used interchangeably, and practices fail to identify the difference. And the lack of knowledge can lead to incorrect claims submission and eventual denials by insurers.
Basically, some dental issues are treated with medical procedures, and therefore, these fall into the category of dental medical billing and coding. For example, sleep apnea or oral surgery are related to teeth, but they require medical treatment. Such treatments are covered with CPT codes.
If you outsource dental medical billing services to a third-party company, these issues are resolved with ease. These companies hire specialists who are well-versed in the codes and requirements for dental and medical billing. They can easily identify which procedures are covered in dental billing and those that are eligible for medical billing.
Moreover, it’s also challenging for in-house teams to stay current with updates in CPT and CDT codes. On the other hand, outsourcing companies stay updated with industry trends and changes.
Reduced Costs and Financial Growth
Outsourcing dental billing services to a trustworthy billing partner helps reduce costs like hefty monthly salaries you’ve to pay to in-house billers. You also save up the amount required to invest in technological infrastructure.
When you hand over your billing workflows to a reliable partner, you can easily save on these costs. Outsourcing companies charge you a very reasonable amount. It’s 4 to 10% of the total amount you recover per claim. And these companies manage all of your billing tasks without any upfront or hidden charges. You’re just paying a minimal fraction of a dental biller’s salary.
Isn’t it a smart investment that guarantees you huge returns and maximum profits?
No Need to Train New Staff
Staff turnover means you have to spend time and money training new billers, but outsourcing removes this problem. That’s why many practices choose to Outsource Dental Insurance Billing, because it saves them from hiring and training new staff and gives them access to experienced billing specialists right away. These experts know the process well and use their skills to recover your claims smoothly and without extra effort.
Result? You get to work with dedicated billing experts without paying anything extra, other than the fee discussed during contact negotiation with the outsourcing company.
Accurate and Fast Billing
Billing specialists employed at outsourcing companies know all the ins and outs of dental billing and medical billing for dental offices. In either scenario, you can rely on these companies to secure maximum collections for your practice.
These companies cross-check all of your patients’ details by integrating with your EHR systems and verifying insurance details from insurers. This ensures they’re not missing out on important details, and there isn’t any incorrect information in your available system.
They also use the right coding against each dental procedure and attach the right documentation, like the provider’s notes, X-rays for justifying treatments, billed invoices, and other details. They also do it right when a patient’s insurance eligibility has been verified. It makes your billing process speedy and error-free, and with that, your claims are reimbursed within just a couple of days.
These services are available at competitive prices, and you can earn more.
Automation for Enhanced Workflows
The world is heading towards AI, and those who don’t embrace it can be left behind in the race!
Most dental billing companies understand that very well, and they provide AI-powered dental billing solutions. These solutions come at very reasonable fares which your practice can easily afford. And you get much more than what you pay for.
These companies implement robust dental RPA systems to automate your billing with speed and precision. They effortlessly perform all the insurance billing tasks, starting from patient eligibility verification and continuing with dental coding, claims submission, and payment posting.
These tools minimize human errors and perform all billing tasks with near accuracy. They still need human supervision, but it’s cost-effective as compared to hiring a complete team for billing. To scale safely, many clinics pair automation with a partner and Outsource Dental Insurance Billing so automation and expert review work together.
Faster Claim Turnaround
Top billing companies have an impressive turnaround time after claims submission, which is not possible with in-house billing. Outsourcing companies constantly stay in touch with insurers and get your claims settled. For example, TransDental, a top-tier dental billing company, has a turnaround time of 24-48 hours. This is why many practices Outsource Dental Insurance Billing, because it leads to faster claim processing through direct payer follow-ups and well-organized workflows. This super-fast turnaround time is something every dental practice wants. You want to earn more while spending less, and outsourcing makes that possible.
Real-Time Visibility
Top outsourcing companies provide real-time visibility into the billing process. Identifying billing patterns helps you detect loopholes and take corrective steps to prevent claim denials and maximize your profitability.
Improved Patient Care
Dental patients are the backbone of a dental practice. You can’t run your practice if patients stop visiting. You need to generate revenue by continuing to see them. And you can do that if you provide them quality care. It strengthens the relationship between the dentist and the patient. A patient feels confident and keeps coming back, while also recommending you to others. This positive word-of-mouth publicity helps you earn more without even investing in marketing.
The formula is simple: serve your patients and see your accounts filled with cash.
And that is one of the perks you get by outsourcing your dental billing. Because you’re relieved of financial stress, leaving your staff free to focus on your patients.
Conclusion
Outsourcing dental insurance billing is a cost-effective option that reduces errors, speeds up reimbursements, and boosts profits. Because of these clear benefits, many dental offices now Outsource Dental Insurance Billing to take the pressure off their staff, lower denials, and keep cash flow steady. Let your billing partner handle the paperwork while you focus on restoring your patients’ smiles. When your patients are happy, your practice grows.
Frequently Asked Questions (FAQs)
What is the dental billing process?
Dental billing is the process of submitting a patient’s treatment to their insurance for payment, starting with the correct CDT codes and ending when the insurance makes the payment.
Why should I outsource my dental billing instead of keeping it in-house?
Outsourcing saves your time, reduces costs, and ensures accurate claims. You won’t have to hire, train, or manage staff, and your claims get processed faster for better cash flow.
How fast will my claims be processed if I outsource?
Top billing companies like TransDental can turn claims around in 24–48 hours. That means faster payments and more consistent cash flow for your practice.
Will outsourcing affect my patients or the quality of care?
Outsourcing your billing removes the stress from your team, so they can focus on taking care of patients. Happy patients are more likely to return and recommend your practice, helping your revenue grow.
What happens if my practice experiences staff turnover?
Staff turnover can be costly and time-consuming, but outsourcing means you don’t need to worry about training new billers. Experienced specialists handle everything, saving you time, money, and stress.
