Dental Office AR Collections: Mishaps and Lessons

  Рет қаралды 563

Dental Startup Academy

Dental Startup Academy

Күн бұрын

With this video my goal is to show why it pays to be persistent on your collections for your dental practice - meaning, why it's so important to have your in house team collect the money owed to your dental office on a consistent basis.
Collecting what you produce in your practice is the #1 way to make sure you're getting paid for work you do on patients.
And, If you're not collecting what you're producing, you're working for free.
Not collecting for the work you do on your patients is the fastest way to diminishing profits, increased overhead, and ultimately - lower take home income for yourself, the owner.
If you’re one of the administrative team members of a dental practice, and if your bonuses are tied to offices collections, then this affects you as well.

Пікірлер: 3
@proimpressionsmarketing
@proimpressionsmarketing 2 ай бұрын
Thank you for sharing this insightful video! It's crucial for dental practices to prioritize persistent collections to maintain financial health.
@karinavaldez7334
@karinavaldez7334 Ай бұрын
How do you base your allowance amount?
@nilaygshah
@nilaygshah Ай бұрын
I’m assuming you’re asking about allowance amount when patient has two insurances. The primary insurance determines the allowance amount for the procedure. Whatever you collect for a procedure (prim ins + secondary ins + pt copay) cannot by be more than what the primary in-network fee for that procedure. Hope this helps!
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