Vyne Dental Hosts Inaugural Accelerate Dental Revenue Workshop

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Bringing together over a hundred dental billers from around the country, the Accelerate workshop was a big success.

Vyne Dental®, a leading provider of dental revenue technologies, claims processing, and electronic health information exchange for all-sized dental practices, hosted over 100 attendees at their first regional workshop, the Accelerate Dental Revenue Workshop in San Antonio, October 26 – 27, 2023.

The interactive workshop included presentations, a Q&A panel, a curated workbook, and hands-on learning from thought leaders Teresa Duncan, Amanda DeMoura, Ashley Bond, DeVon Banks, and Vyne Dental’s own Vance Taylor. 

“I thought the workbook and presentations were amazing. There are things from all the speakers that I can put into use immediately. I have been to about 8 conferences this year and this one had the best handouts and practical tips to put in immediate use by far!” – Britt Han, Clearwater Dental

The reception, “Resurrecting Revenue: A Dia de los Muertos Billing Affair,” was also a hit. With beautiful views of the San Antonio Riverwalk, classical Spanish guitar, and traditional sugar skull face painting, it was a nod to the unique San Antonio Riverwalk destination. 

“Accelerate is the first meeting of its kind, geared towards dental billers, managers, and the issues they face daily. We noticed the lack of support for the dental billing community, both in terms of events and continuing education, and wanted to bring their unique needs to the forefront” said Amy Leonor, Vyne Dental’s VP of Marketing. “With tailored content aimed at accelerating a practice’s revenue, a corresponding workbook, and a Consultant’s Corner allowing for questions of all sizes, the Accelerate conference succeeded on all fronts.”

For a first-time workshop, the meeting’s 87% NPS score* is a good indicator that Vyne Dental is on the right track, providing essential learning and networking for the dental billing community. 

Vyne Dental plans to have more Accelerate: Dental Revenue Workshops in the future. Connect with info@vynedental.com to learn more about the next one! 

About Vyne Dental

Vyne Dental is part of the VyneⓇ family of industry-leading information exchange, revenue acceleration and communication solutions for healthcare. Vyne Dental strategically develops solutions, for dental practices, healthcare providers, and insurance plans and payers, that facilitate the secure exchange of health information in a digital, end-to-end revenue accelerator that optimizes cash flow while helping to reduce associative costs. Vyne Dental continues to drive the dental industry forward by innovating intelligent technologies to improve workflow, reduce administrative costs, engage patients, and streamline reimbursements.

 

© 2023 Napa EA/MEDX LLC. All rights reserved. *Score derived from participants at attendance of the event. Legal disclaimers: https://vynedental.com/legal/ 

Accelerate Your Year-End Revenue with Mary Hughes

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The Dental Industry is a Dynamic One

With constant changes in patient behavior, technology, and business dynamics, staying profitable requires a proactive approach. As 2023 nears its end, it’s time to put the pedal to the metal and maximize your revenue. Using suggestions from high-performance practice leaders, here are three strategies recommended by Mary Hughes, owner of Dental Education Partners, to bolster your dental practice’s bottom line before the ball drops on December 31st:

Comprehensive Treatment for Every New Patient

To elevate the standard of care and simultaneously drive revenue, adopt a comprehensive approach to treating new patients. Instead of focusing on isolated issues, consider a more holistic view of dental health. Collaborate with both dentists and hygienists to draft treatment plans, with attention to priority quadrants. This not only ensures that patients receive thorough care but also that all potential revenue-driving treatments are identified and discussed. 

Optimize Hygiene Exams and Communication

A significant revenue leakage in many practices is an overlooked opportunity during hygiene exams. Ensure that a dentist performs an exam during every patient visit. More than that, it’s vital to establish a clear communication protocol between the dentist, hygienist, and office manager. Train your hygienists to identify potential restorative or elective procedures, and create a seamless hand-off process. Also, it’s shocking how many practices don’t bill for the hygiene services they’re already providing! Statistics on periodontitis prevalence don’t match up with how dental practices are coding, billing, and communicating with patients. Objections and misunderstandings within the team can lead to this gap. Addressing this disconnect can help recapture significant revenue.

Tactical Scheduling and Goal Setting

Cancellations and no-shows can severely impact revenue. One underutilized solution? Side-booking against “unconfirmed” patients. This doesn’t mean disregarding the original patient but slotting another patient just in case. To ensure everyone is on the same page, revamp your confirmation process. Simultaneously, set clear end-of-the-year production and collection goals. Break these down by month, week, and even day. Always schedule over the goal by 10-20% to offset potential cancellations. Additionally, morning huddles can help strategize on meeting daily goals, considering any same-day inclusions. To motivate the team, consider introducing an end-of-the-year bonus if the practice meets its revenue objectives. Finally, kick off end-of-the-year patient communication campaigns, reminding them of available appointments and incentives.

The end of the year is always a flurry of activity, but with the right strategies in place, it can also be incredibly fruitful for your dental practice. As always, work smarter not harder. Vyne Trellis Campaigns can help your practice create lists to campaign with three easy steps. Just build your list with simple-to-use filters, write your content, review, and send. That’s it, it’s as easy as 1, 2, 3! Strategies and planning to accelerate revenue before the year ends don’t have to be daunting, lean into systems that are designed just for this. 

Don’t wait for the New Year to make changes; start now and finish 2023 on a high note! 

Schedule a time to speak with a Vyne DentalⓇ Practice Revenue Advisor today to see how our solutions can cut the amount of time you spend pulling lists and accelerate revenue back into your practice.

For more information, please fill out the form below.

© 2023 Napa EA/MEDX LLC. All rights reserved. Legal disclaimers: https://vynedental.com/legal/ 

Important Update for FastAttach Users

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The functionality to send a follow-up attachment without resending the entire claim in Vyne Trellis

Vyne Dental is dedicated to enhancing our solutions to meet the evolving needs of dental billers. We are excited to announce a new functionality in Vyne TrellisⓇ that allows customers to remedy claim rejections by sending attachments without resending the original claim. This addition aims to provide even more value to our end-to-end revenue acceleration platform and ensure an improved experience for our users.

Additionally, you now have the flexibility to submit directly through the payer’s web portal rather than using the clearinghouse to expedite payment for certain situations.

How does it work?

Easily send an attachment without a claim by following these steps:

  1. Login to Vyne Trellis and click on “Attachments”
  2. Click “New Attachment”
  3. Search or Add Patient
  4. Add Image, Edit and Label
  5. Send Attachment
  6. Copy and paste the NEA number to the claim in your practice software or on a payer portal

Committed to simplifying the claims process and delivering exactly what customers need

With this latest Vyne Trellis update, we are excited to encourage our loyal FastAttachⓇ customers to transition to our proven and trusted revenue acceleration platform. Vyne Dental represents a combination of trusted brands, dedicated to simplifying the claims process and providing precisely what our customers want and need. Embracing standalone attachments, our platform aims to deliver even greater value, efficiency, and a seamless experience, reinforcing our commitment to meeting and exceeding our customers’ expectations. 

Vyne Dental continues to advance the dental industry by providing technology that improves workflow, reduces administrative costs, and accelerates revenue.

For more information, please fill out the form below.

© 2023 Napa EA/MEDX LLC. All rights reserved. This communication is for informational purposes only, Vyne Dental makes no warranties, express or implied relating to functionality.

Navigating Data Integrity in your Dental Group with Tom Mort, VP Product Development

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In the ever-evolving landscape of dental healthcare, data integrity has emerged as a critical cornerstone for success. Dental groups are recognizing the importance of harnessing the power of accurate, reliable data to drive their practices forward. That’s why we’re thrilled to announce that Tom Mort, Vyne DentalⓇ’s Vice President of Product Development, and a leading professional in dental data management, has been invited to share his insights at PlanetDDS’s upcoming webinar, “Navigating Data Integrity in your Dental Group.”

Tom Mort: A Pioneer in Dental Data Management

With an illustrious career spanning over two decades, Tom Mort has established himself as a trailblazer in the field of dental data management. His passion for streamlining data processes and optimizing dental operations has garnered him recognition from both peers and industry leaders.

Webinar Overview:

The webinar, organized by PlanetDDS, promises to be a noteworthy event for dental professionals seeking to enhance their data practices. Tom Mort will delve into the intricacies of data integrity, providing actionable strategies and invaluable insights to help dental groups thrive in today’s competitive landscape.

Key Topics to be Covered:

  • The Current State of Data Integrity in Dental: Uncover the current landscape of data integrity in the dental industry to understand what challenges exist.    
  • RCM and Practice Management Solutions: Learn why eligibility, claim adjudication, and fee schedule updates remain a time-consuming and complex process.   
  • Data-Driven DSOs: What opportunities exist for data-driven organizations?  
  • The Future of Data in Dentistry: Answering the call for industry-wide collaboration to find solutions to the data integrity problem in dentistry.   

Don’t miss this incredible opportunity to learn from one of the foremost experts in dental data management. Tom Mort’s wealth of knowledge and practical insights promise to empower dental groups to take control of their data, drive efficiency, and elevate patient care.

Register now for PlanetDDS’s “Navigating Data Integrity in your Dental Group” webinar featuring Vyne Dental’s Tom Mort. Together, let’s embark on a journey toward data-driven success in dentistry!

© 2023 Napa EA/MEDX LLC. All rights reserved.   Legal Disclaimers: https://vynedental.com/legal/ 

End of Year Campaigns: 3 Ways to Rev Up Practice Revenue in October

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As the fall season begins and October rolls around, dental practices have a golden opportunity to boost their revenue and enhance patient care. To shed light on effective strategies, we’ve teamed up with Teresa Duncan, AADOM Lifetime Award Recipient and owner of Odyssey Management, to bring you the top three ways to rev up your practice revenue this October.

From reaching out to parents whose children are back in school to tapping into the popularity of clear aligners, and addressing the needs of patients with missing teeth, these campaigns are designed to bring renewed energy to your practice.

 

Reconnect with Parents for Outstanding Treatment Plans

Now that the back-to-school season is in full swing, it’s the perfect time to re-engage with parents who were presented with treatment plans over the summer. Many parents may have delayed treatment due to vacation schedules or other commitments. Gently reminding them of their child’s dental needs and any remaining insurance benefits can prompt them to take action.

Teresa suggests that practices can send friendly reminder emails or make courtesy calls to these parents. By showing genuine concern for their child’s oral health and highlighting the advantages of proceeding with treatment, you can make a positive impact on both your patients’ well-being and your practice’s bottom line.

Leverage the Popularity of Clear Aligners

The demand for clear aligner treatments has surged in recent years, driven by their discreet nature and effective results. October presents an excellent opportunity to create a multi-email campaign sequence focusing on the benefits of clear aligners. Highlight how this orthodontic option not only improves smiles but also provides a more comfortable and convenient experience compared to traditional braces.

You can highlight your best before-and-after photos of successful clear aligner cases. Patients are more likely to consider treatment when they can visualize the potential outcome. Through educational emails, social media posts, and even in-office displays, you can tap into this growing trend and attract patients who are seeking a modern approach to orthodontic care.

Address Tooth Replacement Therapy for Patients with Missing Teeth

A significant portion of dental revenue can be generated by addressing the needs of patients with missing teeth who haven’t pursued replacement options. This October, take a proactive approach to reaching out to patients who have had extractions without subsequent implant or removable prosthetic treatments.

“Go through your last year of extractions with no follow-up treatment for implants or removable prosthetics. Those patients need tooth replacement therapy. If you’re feeling unstoppable then go back two years,” Teresa shares. Reach out to these patients with personalized communications that emphasize the importance of tooth replacement for oral health and overall well-being. With targeted emails offering personal consultations, your practice showing genuine concern for their long-term dental health can lead to increased case acceptance and accelerated practice revenue.

 

October presents a unique opportunity for dental practices to boost their revenue while delivering high-quality care to patients. By reconnecting with parents about outstanding treatment plans, capitalizing on the popularity of clear aligners, and addressing the needs of patients with missing teeth, you can make a substantial impact on your practice’s success.

Solutions like Vyne TrellisⓇ Campaigns can assist you in accomplishing these targeted email campaigns without adding hours to your already bustling workload. In three easy steps: build your audience list with simple-to-use filters, write your message, review and send. That’s it! Learn how Vyne Trellis Campaigns enable you to access campaign data like treatment plans, patients that have remaining benefits, and launch tailored messaging to those patients with a click of a button. Schedule your personalized demo today to learn more.

 

© 2023 Napa EA/MEDX LLC. All rights reserved.   All third-party trademarks and tradenames (including logos and icons) referenced are and remain the property of their respective owners. This communication is provided for convenience as general information. Hyperlinks included are provided for convenience and may lead to resources located on servers maintained by other persons or organizations. Vyne Dental is not responsible for the privacy practices of the third-party websites.

In Sincere Appreciation of the Dental Office Manager

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Among the hardest working professionals, the dental office manager stands out

For over a century, Labor Day has been a cherished national holiday, providing a platform to pay tribute to workers and their role in shaping society. Among the hardest working professionals, the dental office manager stands out, tirelessly contributing to the seamless operation of the practice with unwavering dedication and commitment. 

Juggling an array of responsibilities, the dental office manager handles front desk operations, insurance claims, staffing, marketing, scheduling, and other essential tasks, all while prioritizing the delivery of high-quality patient care. 

On this Labor Day, let’s celebrate you and the hard work you’ve put in.  Take some time for yourself and discover how Vyne Trellis can make your job easier.

Discover an end-to-end revenue acceleration platform designed to meet your needs

Vyne Dental recognizes your challenges and has a platform designed to meet your needs. Vyne TrellisⓇ, our robust end-to-end revenue acceleration platform, leverages technology to simplify dental office processes, effectively easing the burden of various tasks and streamlining your daily operations. 

For one monthly fee, our comprehensive solution grants you more time and revenue with access to a variety of features that make your job easier, including: 

Unlimited Electronic Claims and Attachments in a Seamless Flow

  • Process, track, and manage your claims electronically to help increase your approval rate and accelerate your reimbursements.

Batch and Real Time Eligibility Verification and Benefit Breakdown

  • Instantly confirm your patients’ insurance plan eligibility and benefit breakdown in real-time or in batches to spend more time with the patients you serve.

Customizable, Integrated Electronic Patient Forms

  • Speed up your check-in routine by creating fully customizable forms to collect and insert patients’ information before they arrive.

Accelerate your practice’s revenue and save your team time with payment solutions designed with your needs in mind

  • Request payments with a simple link sent via text or email, enabling patients to pay effortlessly anytime, anywhere, and on virtually any device.  Mobile payments allow patients to easily settle their balance by completing just three simple fields for a faster and more convenient experience

Explore the potential of simplified operations and accelerated revenue by signing up for a demo today! Visit https://vynedental.com/. 

© 2023 Napa EA/MEDX LLC. All rights reserved.   All third-party trademarks and tradenames (including logos and icons) referenced are and remain the property of their respective owners. Hyperlinks included are provided for convenience and may lead to resources located on servers maintained by other persons or organizations. Vyne Dental is not responsible for the privacy practices of the third-party websites.

Accelerating Revenue with Mobile Payments

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A full-service dental practice leveraging technology to provide comprehensive & streamlined care

Dr. Christina Boesch’s dental office in Orlando, Florida aims to offer personalized care and a comfortable, enjoyable dental experience.  With 30+ prestigious awards, including recognition as one of Orlando’s Top Dentists and Fellowship/Mastership from the Academy of General Dentistry, an honor fewer than 1% of dentists have received, Dr. Boesch’s recognitions are unparalleled.  

“We are a small dental practice and serve a very diverse group of patients,” shared Sunny, a member of Dr. Boesch’s front office team who regularly monitor’s patient insurance and the sending of pre-payment requests for appointments.   “We do all different types of services and consider ourselves a full-service office,” added Mackenzie, another front office team member who primarily focuses on insurance verification, providing a breakdown for new patients and ensuring existing patients are still eligible.  “Dr. Boesch specializes in cosmetic dentistry, which is her passion and niche, but that’s not the only type of patient we see. It is a very diverse population, and we serve all different kinds of patients and work on all different types of dental needs.”  

In the front office of the thriving dental practice, Sunny and Mackenize leverage the cutting-edge technology of the Vyne TrellisⓇ platform to provide comprehensive and streamlined care to their patients.

Mobile payments enhance convenience, reduce broken appointments, and streamline processes

“We like to collect payments prior to [a patient’s] appointment just because that reserves the chair with the doctor and cuts down on lost time and people not showing up,” explained Sunny.  “Vyne Dental’s [mobile payment feature] is helpful with that and convenient for the patients because they can just do that on their mobile phone and send up the payment.”  Previously the office would often have patients not show up for their scheduled appointments, but now, “we send them the pre-payment, and they can be more prepared for their appointments.”

“Patients have said that they have their payment information only on their phone,” added Mackenzie, “so it’s made payments a lot more accessible and a lot quicker.   It also helps patients feel a little bit more secure in that they aren’t providing their card number over the phone to us.  I think it gives them peace of mind.”

“In the past, we would have a card on file and that card could be declined for some reason, but now, when we send it to [patients], they have control, so we don’t have the problem where we are getting declined payments,” shared Sunny.

Insurance verification is made easy and efficient with Vyne Trellis 

In addition to utilizing the mobile payment feature, Sunny and Mackenzie have simplified insurance verification for the practice through Vyne Trellis’ automated and batch eligibility feature.  “For verifying eligibility for existing patients, we’ve worked with other companies before to have something that integrates all of our patients for said day into one day to see if they are all active,” Mackenzie explained, “and it hasn’t been as efficient as Vyne Trellis has been.  I appreciate the features and the user-friendliness of the eligibility function as well as the batch checking feature as far as mobile requests go.  That has been really helpful for streamlining time-consuming billing.”

Dr. Boesch’s team discovered that employing Vyne Trellis’ option for texting patients has significantly enhanced communications. “I see more phone calls regarding balances through the text feature because people are always looking at their phones.  It has increased engagement across billing in all regards,” Mackenzie said.  “People ignore their emails,” Sunny added, “but when it is their phone, it draws their attention more quickly.”  

Elevate your dental practice with a robust revenue acceleration platform

In addition to incorporating cutting-edge features that have streamlined operations and enhanced patient care, Dr. Boesch’s team finds Vyne Dental’s customer support has surpassed their expectations.  “We’ve had amazing customer service experiences from [Vyne Dental], and that’s really important to be able to get in touch with someone if we have questions.  I personally appreciate that,” shared Mackenzie.  

Vyne Trellis, our robust revenue acceleration platform, is uniquely crafted to meet the needs of dental billers and practice managers.  

For one monthly fee, our comprehensive solution empowers teams by: 

  • Simplifying your claims and management workflow
  • Automating your verification of eligibility and benefits
  • Aiding to reduce time spent on reimbursements
  • Helping to eliminate unnecessary calls to dental payers 

Connect today to learn why 74,000 dental offices trust Vyne DentalⓇ solutions to improve their workflows, reduce administrative costs, and streamline reimbursements. Visit https://vynedental.com/.

© 2023 Napa EA/MEDX LLC. All rights reserved.   All third-party trademarks and tradenames (including logos and icons) referenced are and remain the property of their respective owners. Testimonials reflect real-life experiences of individuals who use or have used Vyne’s product(s). As testimonials are based on an Individual’s experience, results may vary and Vyne does not guarantee users experiencing similar outcomes or results.  Hyperlinks included are provided for convenience and may lead to resources located on servers maintained by other persons or organizations. Vyne Dental is not responsible for the privacy practices of the third-party websites.

Vyne Dental Introduces the Inaugural Accelerate Dental Revenue Workshop

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An industry-first event developed specifically for dental billing professionals to level up while unlocking the secrets to accelerating revenue for their practices.

Vyne Dental®, a leading provider of dental revenue technologies, claims processing, and electronic health information exchange for all-sized dental practices, announces the launch of the inaugural Accelerate Dental Revenue Workshop in San Antonio, October 26 – 27, 2023.

The workshop is tailored for dental practices of all sizes and aims to ignite and empower their financial performance. Participants build meaningful relationships, share insights, explore the evolving landscape of dental billing best practices, and master optimal strategies and tools for accelerating a practice’s revenue.

In this immersive classroom-style workshop, Vyne Dental will provide valuable and practical content, featuring industry thought leaders such as Teresa Duncan, recipient of the AADOM Lifetime Achievement Award, Amanda DeMoura, CEO and founder of Essential Dental Services, Ashley Bond, owner of Bond Dental Billing, Devon Banks, CEO of D-Tech Billing and Claims, and more. From analyzing the impact of consumer behavior on patients to offering a comprehensive review of inventory management, Vyne Dental will bring together leading professionals in the industry to share how dental practices can successfully accelerate revenue. Additionally, the intimate, relaxed setting means speakers will be accessible and ready to answer questions, allowing for an interactive experience that helps practices increase and protect their revenue streams.

“Vyne Dental has long been the leader in technological innovations, ideas, and solutions uniquely serving the needs of dental billing professionals and administrators,” says Vance Taylor, Vyne Dental’s Chief Growth Officer. “But whenever we attend events, conferences, trade shows, etc. one group, the dental biller, is conspicuously underserved and underrepresented. We recognize that our industry is in dire need of an in-person, hands-on, learning opportunity designed specifically for dental billers and managers, and that Vyne Dental is the most qualified, capable producer of such an event. With Accelerate, we’re proud to offer a one-of-a-kind, specialized workshop that will elevate a practice’s billing team with valuable, relevant, practical content delivered by the best and brightest in our industry.”

Practices can optimize their financial performance, accelerate revenue, and embrace the next generation of dental billing as they join Vyne Dental at the Accelerate Revenue Workshop. Attendance is limited, so register today to secure your spot!

About Vyne Dental

Vyne DentalⓇ is part of the VyneⓇ family of industry-leading information exchange, revenue acceleration and communication solutions for healthcare. Vyne Dental strategically develops solutions, for dental practices, healthcare providers, and insurance plans and payers, that facilitate the secure exchange of health information in a digital, end-to-end revenue accelerator that optimizes cash flow while helping to reduce associative costs. Vyne Dental continues to drive the dental industry forward by innovating intelligent technologies to improve workflow, reduce administrative costs, engage patients, and streamline reimbursements.  Learn more at vynedental.com.

Grow with Vyne Dental at the 2023 AADOM Annual Conference

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Learn, connect, and grow with Vyne Dental at AADOM’s premier dental management conference in Orlando, FL, September 7 – 9, 2023.

 

Valuable insights and fresh ideas from industry experts

The 2023 American Association of Dental Office Management Conference (AADOM) will provide participants with valuable insight and fresh ideas that build a more efficient work environment, stronger teams, and ultimately, a more profitable practice.   

With topics ranging from developing an onboarding plan that retains team members to a 2023 insurance coding review, sessions will deliver knowledge that will positively impact teams and practices.  Focusing on leadership, mastering change, and team development, Keynote Speaker, Chad Hymas, will leave attendees with an experience that will last a lifetime and tools that can be implemented immediately upon their return to the office.

 

Vyne Dental to host not to be missed session on RCM systems

Vyne Dental will present“Dental RCM 101: Your 2023 Guide to Dental Claims Processing,”  a session featuring a distinguished panel’s expertise on Revenue Cycle Management (RCM) systems on September 8 from 9:15 a.m. – 10:30 a.m..  This engaging presentation showcasing an esteemed team of industry experts, including Beverly Wilburn, DAADOM,  2022 AADOM Practice Administrator of the Year, Ashley Bond, Owner of Bond Dental Billing, Colleen Huff, FAADOM, Owner of Dental Insurance Coach, and Christine Taxin, CEO of DentalMedicalBilling & Links2Success, will explore: 

  • How dental claims are processed and how to properly read them
  • An insider look into clearinghouses and how partnering with one can improve your practice
  • What insurance companies want dental offices to know
  • How to keep claims from being rejected
  • The nuts and bolts of EOBs, EOPs, and ERAs

Additional sessions at the annual conference feature Carrie Webber of The Jameson Group, sharing how offices can maximize their impact by refining systems and services to focus on top internal and external efforts, and Joanne Miles, MAADOM, RDA, examining how office managers can harness their leadership qualities to produce the satisfaction and optimal results they need from teams, practices, and ultimately, life.

 

Schedule product demonstrations and learn more about Vyne Trellis

Our expert teams will be onsite available to help your teams explore revenue acceleration at thisyear’s premier dental management conference.  Learn why 50,000 dental practices nationwide trust Vyne TrellisⓇ, our complete revenue acceleration platform designed specifically for dental billers and practice managers. 

Vyne Dental continuously strives to advance the dental industry by providing technology that helps improve workflows, decreases administrative costs, and improves reimbursements for service provided. For more information, contact info@vynedental.com.

 

© 2023 Napa EA/MEDX LLC. All rights reserved.   All third-party trademarks and tradenames (including logos and icons) referenced are and remain the property of their respective owners. Hyperlinks included are provided for convenience and may lead to resources located on servers maintained by other persons or organizations. Vyne Dental is not responsible for the privacy practices of the third-party websites.

Mastering Revenue Cycle Management: Essential Terminology To Know

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What is Revenue Cycle Management? 

Revenue cycle management (RCM) is a comprehensive process that involves your dental practice actively monitoring and evaluating the collection of payments and insurance claims throughout a patient’s entire care journey, starting from the moment their appointment is scheduled until the final payment is made.

Knowing the many terms that accompany revenue cycle management can help ensure you are properly managing and maximizing the cash flow of your practice.

 

Key RCM terminology every dental professional should know

  • Claim: A request to the insurance company seeking compensation for dental services rendered.  Typically, the claim includes an itemized statement of services and costs provided by the dental professional.  
  • Claim Denial: The decision of an insurance company to decline coverage for dental services.
  • Real-time Eligibility Verification:  Instant confirmation of a patient’s coverage and benefits from private or government payers. 
  • Preauthorizations: Confirmation from a third-party payer that the proposed treatment is eligible for coverage per the terms outlined in the benefit contract. 
  • Predetermination: The process of a dentist submitting a treatment plan to the payer for review, which includes patient eligibility, covered services, amounts payable, co-payments, deductibles, and plan maximums.
  • Deductible: The set amount that needs to be paid for covered dental services before the insurance kicks in.  It is renewed annually, typically based on the calendar year.
  • Accounts Receivable (AR) Management: The process of pursuing and resolving unpaid claims.  It includes monitoring, managing, reworking, and appealing denials until the claims are successfully paid and processed.
  • Patient Collections: Billing the patient for any remaining balance once insurance payments are processed.
  • End-to-End Dental RCM Software: A platform that empowers healthcare providers by equipping them with digital tools and resources to enable optimal revenue opportunities by electronically tracking and automating traditionally manual tasks like patient scheduling, insurance verification, billing, and collections processes.

 

Innovative solutions built to address the unique challenges faced by dental billers

Vyne Dental recognizes the range of responsibilities that dental billers encounter on a daily basis. From managing insurance verifications, claims submissions, and denials, to effectively communicating with patients, we understand the unique challenges you face. By incorporating our innovative technology, you can streamline your workflow and access solutions that are crafted for your specific needs.  

Vyne TrellisⓇ, our end-to-end revenue acceleration platform,  helps offices process, track, and manage claims electronically, and additionally:

  • Provides batch and real-time eligibility of benefits
  • Facilitates a secure environment for your communications 
  • Helps secure new patients 24/7 with innovative engagement tools

Connect today to learn why 74,000 dental offices trust Vyne DentalⓇ solutions to improve their workflows, reduce administrative costs, and streamline reimbursements.

 

Source:
“Glossary of Dental Administrative Terms.” American Dental Association, www.ada.org/en/publications/cdt/glossary-of-dental-administrative-terms#:~:text=preauthorization%3A%20Statement%20by%20a%20third,terms%20of%20the%20benefit%20contract. 

 

© 2023 Napa EA/MEDX LLC. All rights reserved.   All third-party trademarks and tradenames (including logos and icons) referenced are and remain the property of their respective owners. This communication is provided for convenience as general information. Hyperlinks included are provided for convenience and may lead to resources located on servers maintained by other persons or organizations. Vyne Dental is not responsible for the privacy practices of the third-party websites.