The Ultimate Guide to Outsourcing Dental Insurance Verification

What causes patients to recommend and return new patients to your dental practice? 

A lot of dentists will have various answers to this question, but to get quick to the point, its care of the patient. Outsourcing billing, claims, dental insurance verification, and other jobs can free up your time to concentrate on providing excellent patient care.

Let’s confront it; tasks like the verification of insurance take a big chunk of the time of your in-house team, time that could be deployed for making meaningful connections with potential and existing patients.

This fantastic Guide to Dental Insurance Verification Outsourcing will assist you to comprehend what virtual assistants of the dental office can perform for your dental practice.

What is meant by Dental Outsourcing?

In meaningful words outsourcing is the procedure of deploying a third-party organization to finish particular tasks.

This is very common in those industries where there is a labor shortage for specific positions, where the charges of labor are very high or when dental practices or the businesses wish to save money (savings could be as more as 76% on costs of payroll).

Dental Insurance Outsourcing

As your dental practice expands, so does the requirement for resources. Particular jobs occur that need financial, time, or human resources that might come at a high cost or not be available. This also might not be feasible for the practices new.

However, outsourcing dental insurance verification offers a method for owners of practice to discover global top talent at a considerably reduced cost as compared to locally employing.

Dental insurance verification outsourcing, for example, saves your employees and you from the tiresome processes that have to be finished to submit requests for verification.

Furthermore, patient benefits calculation, co-payments, their claims entitled, and much more all make up the often-long and repetitive process of verification.

When must you begin outsourcing dental insurance verification?

What would be the effect of a saving of 76%, in your payroll monthly, on your dental practice?

If your reply is a great effect, then you might wish to read continue.

Knowing when you outsource dental services can set up your practice apart from the remaining if you work on it.

Fortunately, there are so many ways you can decide if your practice requires outsourcing some jobs like the verification of insurance to dental outsourcing organizations.

Talk yourself this;

How much claims successful go via?

How much insurance verifications do my staff daily perform?

How is this impact the productivity of my staff?

How can I enhance the claims and insurance verification process?

Do I require assistance?

These questions are an excellent starting point and will assist you to have a fine picture of what is ongoing and how it can be enhanced.

You must consider outsourcing dental insurance verification when;

1. When there is an enhancement in phone calls in volumes.

Dental outsourcing organizations are flexible and can instantly add virtual teams to assist you practice manage call volumes increased. This signifies your existing team's load of work is decreased, permitting them to concentrate on other important areas in your practice, like offering a great experience to the patients.

2. When do you require to recruit new staff?

Growth is unavoidable in a practice progressing; however, it comes with additional expenses. The procedure of recruiting a new employee can price up to $4100 and that’s before we add the benefits monthly.

Dental outsourcing assists you enter new markets, increase efficiency, and manage consistency without overwhelming you with enhancement in costs of payroll.

3. When you wish to grow your practice.

Growing the footprint of your practice can come at a considerable price. You will require new furniture, manage consistency, and hire employees, etc. however outsourcing helps you in saving a lot of money that you could utilize to other areas of your practice new.

The virtual assistants of the Dental office do not require office space, new furniture or computers, etc. all this is offered to them by the outsourcing organization.

What could a dentist outsource?

As earlier highlighted, you can outsource anything almost that does not need a person to be present physically.

Here are a few of the important tasks that dentists can begin outsourcing currently;

1. Dental Insurance Verification Outsourcing

Virtual dental insurance verification means when a skilled person remotely examines and confirms all benefits and insurance coverage of patients before they are treated.

As per the Dentistry IQ in many dental practices, dental insurance examines equal nearly half of the income of the practice.

This can transform into a loss considerable in sales if not managed properly.

Each time a patient chooses to left payment of a procedure to their dental insurance then it is up to you to confirm if they are adequately and fully covered.

Dental Insurance Verification

Form of Insurance Verification

To have paid on time and no mistakes you have to confirm a minimum of 3 times.

(i). On the service date

(ii). When the patient applies for it

(iii). When the patient arrives for a check-up or follow-up.

The virtual assistants of a dental office can assist your practice decrease denials from insurance applications and ignore the payments delayed.

This will also your existing team of front office free-up to cares for patients coming into your practice.

2.  Re-care Hygiene

Hygiene re-care is an excellent method to make sure a constant cash flow. The virtual dental teams outsourced can assist in decrease the rates of attrition, permitting your business to have an inflow of patient constant.

Some of the methods that skilled virtual dental teams can assist your practice decrease rates of attrition are;

Patients rescheduling for their next appointment hygiene.

Calling patients that do not come up for an appointment.

3.  Unscheduled Plans of Treatment

Outsourcing the virtual assistant dental to arrange your scheduling cannot be emphasized sufficiently. Emergencies are very common in the dental domain but the financial stress they left cannot be avoided.

As per the Dental Practice Solution, many dental practices start work with over $120,000 in outstanding treatment of patients.

4.  Patients Reactivation

People incline to overlook the requirement to go back to the dentist. However, generating reminders to a lot of returning patients if perform the correct way. As part of providing an excellent experience, patient reactivation requires to be performed by personnel trained.

Outsourcing dental insurance verification makes sure that you have a retention of patients and it enhances the total number of patients that arrive at your dental practice.