Medical costs for a medical procedure can vary from one medical provider to another, by hundreds and, sometimes, even thousands of dollars. Costs can also vary by whether a provider is in-network or out-of- network with an insurance plan. What is the role of insurance claim repricing when it comes to paying for medical services? […]
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How to Make UCR Work for Your Practice
How your dental practice gets paid is of supreme importance. There are numerous elements that surround the entire area of accounts receivables, and it literally “pays” be know how these aspects factor into your overall income strategy. A working knowledge of UCR can actually benefit your dental practice and help you avoid financial losses. First, […]
Read MoreHow to Build a Successful Dental Practice
Dental medicine is a thriving industry with enormous potential. However, that does not guarantee that your dental practice will automatically become successful. Dental medicine has evolved over recent years to become more advanced, more appealing and more comfortable for patients. The modern dental practice has numerous moving parts and functional systems to keep it operating […]
Read MoreHow Healthy is Your Practice? 5 Key Indicators
You work hard to make sure that your patients’ teeth are healthy, but how healthy is your practice? Chances are good that you spend most of your time focused on serving patients and managing your staff, but long-term stability requires focusing on things that apply to your financial big picture as well. Part of understanding […]
Read More3 Major KPIs to Focus on When Planning Goals & Growth for Your Practice
A successful practice requires a knowledgeable manager and a strategic business plan. In order to create strategic business plans that help dental practice thrive, managers need the proper information, and much of this information is derived from KPIs. KPI stands for Key Performance Indicator. KPIs can indicate the performance of a number of areas of […]
Read MoreFind Your Practice’s Blind Spots to Increase Your Revenues
One of the best things you could do for your dental practice is taking the time to adequately assess your strengths and weaknesses. It can be tempting to focus only on what you are doing well and on what is working, but the reality is that seeking out blind spots and then working to resolve […]
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