How a Pediatric Dental Office Uses Modern Solutions to Deliver Exceptional Care

 

Busy dental office seeks cost-effective workflow automation improvements

Florida’s Clermont Pediatric Dentistry is a trusted dental practice dedicated to providing exceptional care for children’s dental needs.  With a team of compassionate and highly skilled staff members, the practice has been serving 60 – 80 patients daily in the Orlando suburb of Clermont for over 15 years.  James Russo, Business Manager for the practice, plays a vital role in ensuring seamless operations and supporting their two experienced dentists in delivering top-notch dental services.  “We are always looking for ways to automate and improve our workflows,” James shared, “making sure that our claims get processed accurately and efficiently.” 

“Years ago, we used solutions that were bundled with our practice management system, but for a high volume office, those tended to be too expensive because you are paying per claim as opposed to per month, and when you see the volume of patients we see every month, it doesn’t make sense to use that solution,” James explained. 

An ultimate solution for claim and attachment management

The thriving practice began using Vyne Dental’s Trellis® Platform to manage its claims, and the company emerged as the ultimate solution, granting the practice the ability to submit unlimited claims and attachments.  With Vyne Dental charging just one monthly fee, James discovered that other solutions on the market “don’t provide any value like Vyne Dental®’s real-time verification of the claim submission and the ability to check the status of the submission and correct any errors.  We migrated away from other products within our practice management system because Vyne Dental provided a better value.” 

“The cost savings is great,” James shared, “but the product just works.  You submit the claims, and you have confidence that they are going to get processed, so it frees up your mind not to have to worry about the claims.  You know once that batch is submitted and accepted that those claims are going to get processed.  They are going to be adjudicated, and you are definitely going to get an answer.”

Vyne Dental helps teams prioritize delivering exceptional care 

With Vyne Dental’s solutions uniquely crafted to meet the needs of dental billers and practice managers, James has found that “it also frees up your mind to be able to focus on providing good care and good customer service, being the best you can possibly be in a practice.  You can provide a high level of service because you aren’t worrying about the claims.  You aren’t worried about whether or not you are going to get paid for them.”

James also appreciates Vyne Dental’s exceptional customer support team, “The support experiences are always above average.  I don’t get bounced around to a million people.  I talk to one person, they remote in, and do exactly what they need to do.  It is always a quick and easy experience.”

Experience the benefits of upfront insurance verification and revenue acceleration

“We are excited to get on board with the next iteration [features] of the product with Vyne Trellis® to make use of the insurance verification features,” James said. “We believe that everything is better solved if you can verify insurance upfront, so if we can set the expectation that this visit is not going to be covered with insurance because your insurance was terminated two months ago, it is a much better experience.”

Discover our innovative revenue acceleration platform that facilitates intelligent data exchange between the payers, the practice, and their patients, revolutionizing dental billing and payment processing.  Schedule time with our teams today or reach out to info@vynedental.com  to learn why over 74,000 successful dental offices nationwide trust Vyne Dental.

© 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.

Modernizing Your Practice: Key Facts to Help Attract Gen Z and Millennial Dental Patients

Dental practices must adapt to meet the needs of millennials and Gen Z to stay competitive

Millennials, the largest population segment at 73 million people, currently account for 21% of healthcare spending.  This tech-savvy generation has driven significant changes in the dental industry; however, Generation Z, the newest young adult generation, is expected to turn the healthcare industry on its head.  With this generation’s focus on immediate results and unique perspectives on efficient dental care,  practices must adapt and cater to the needs and wants of both generations to stay competitive in the market.

To effectively operate a modern dental practice that caters to the two largest population segments of today, it is essential to be aware of the following key facts: 

 

01 – 61% of millennials want real-time payments with 65% of global consumers expected to leverage a digital wallet by 2030.

02 – Online appointment scheduling is preferred by 50% of individuals aged 18 – 44, compared to only 20% of those aged 65 and older. 

03 – Both millennials and Generation Z are avid social media users with over half of each generation checking social media multiple times a day.  On average, Generation Z spends over two hours daily on social media, while millennials are the most active with 32% posting daily or multiple times a day.

04 – Three-quarters of Generation Z prioritize environmental sustainability as their top concern when making purchasing and pursuing services.

05 – Real-time eligibility verification addresses the desire of both millennials and Generation Z for transparent dentistry billing.  By eliminating guesswork, this solution enables dental providers to help patients to comfortably budget for dental treatments by providing insurance verification, enhancing financial planning and satisfaction.

06 – Amazon, Apple, and/or Google are the preferred tools to use when finding the right healthcare services for 42% of individuals between 18-44 years of age. 

07 – A significant concern for 75% of Generation Z and 48% of millennials is the potential impact of their health preventing them from fully experiencing life’s possibilities.  

08 – Generation Z values convenience above all else, seeking minimal interactions and avoiding waiting in line.  Their lack of loyalty to a single practice means failure to provide their desired convenience may result in them seeking alternatives.

 

Elevate patient care and accelerate revenue with cutting-edge technology

By embracing Vyne Dental’s cutting-edge technology, you can optimize your practice to offer patients of all ages a hassle-free experience, promoting increased revenue and enhanced patient care.  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 platform empowers teams with: 

  • Improved claim processing times with electronic submission
  • Unlimited claims and attachments for a low, flat fee
  • Claim research and denial support
  • Batch and real-time eligibility verification and benefit breakdown
  • Patient engagement tools that help secure new patients 24/7

With an electronic connection to over 800 payers and an EDI clearinghouse, Vyne Dental’s revenue acceleration platform is uniquely crafted to optimize operations and empower your practice.  To learn more, reach out to info@vynedental.com.

 

Sources:
“61% of Millennials Want Real-Time Payments – the Challenge Is Acceptance.” Pymnts.Com, 2 May 2023, www.pymnts.com/real-time-payments/2023/61percent-of-millennials-want-real-time-payments-the-challenge-is-acceptance/. 
Coe, Erica, et al. “Gen Z Mental Health: The Impact of Tech and Social Media.” McKinsey & Company, 28 Apr. 2023, www.mckinsey.com/mhi/our-insights/gen-z-mental-health-the-impact-of-tech-and-social-media. 
“Gen Z Cares about Sustainability More than Anyone Else – and Is Starting to Make Others Feel the Same Way.” World Economic Forum, www.weforum.org/agenda/2022/03/generation-z-sustainability-lifestyle-buying-decisions/. 
Halton, Rick. “Industry Voices-Generation Z Is a Game Changer for Healthcare.” Fierce Healthcare, 15 Jan. 2020, www.fiercehealthcare.com/practices/industry-voices-generation-z-a-game-changer-for-healthcare. 
Staff, MHE. “Millennials Are Driving Real Healthcare Change.” Managed Healthcare Executive, 12 Nov. 2020, www.managedhealthcareexecutive.com/view/millennials-are-driving-real-healthcare-change. 
“Survey: 7 in 10 Respondents Worry Poor Health Will Limit Their Life Experiences.” Survey: 7 in 10 Respondents Worry Poor Health Will Limit Their Life Experiences | ADA, 7 July 2020, diabetes.org/newsroom/press-releases/2020/survey-7-in-10-respondents-worry-poor-health-will-limit-their-life-experiences. 

 

© 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.

Vyne Dental is Proud to Sponsor the 10th Annual Dykema Definitive Conference for DSOs

Join Vyne Dental in Aurora, Colorado, July 19 – 21, 2023, for unmatched networking, relevant content, and up-to-date industry trends.

Esteemed thought leaders will share the industry’s latest and best practices

Dykema, a prominent law firm specializing in dental services, will host the highly-anticipated tenth annual Dykema’s Definitive Conference for DSOs.  This exclusive event will showcase esteemed thought leaders and executives who have been instrumental in shaping the DSO space.  Attendees can look forward to a dynamic program featuring a wide range of presentations and panel discussions, offering valuable insights into the industry’s latest and best practices.  In this engaging atmosphere, participants will have numerous opportunities to learn, discover new avenues, and stay abreast of the most relevant developments in the field. 

Since its establishment in 2014, the Definitive Conference for DSOs has garnered a well-deserved reputation as a must-attend event for sellers, buyers, investors, and providers.  The conference brings together more than 1,500 DSO leaders, dental practitioners, and vendors, creating a vibrant hub for three exciting days.  With a diverse range of topics, the conference caters to every aspect of the DSO industry, ensuring there is something of interest for every attendee.

The conference sessions will feature accomplished and inspiring speakers who will provide unbiased insights to help attendees achieve their unique DSO business goals.  Steve Thorne, Founder and CEO of Pacific Dental Services, will discuss the industry’s current state, while Brian Colao, Director of Dykema’s DSO Industry Group, will share expertise on how you can address common DSO challenges. Additional sessions will cover HR compliance, innovative solutions for success and security, and solutions to hiring, productivity, overhead, and operational efficiency challenges in dentistry.     

Connect with Vyne Dental at the Definitive Conference for DSOs

Vyne Dental recently acquired Simplifeye, Inc., an industry innovator creating practice efficiency and a modernized patient experience by transforming how practices process billing and payments.  This revolutionary fusion of technologies will bring innovation to dental billing and processing.  Our teams will be available to share more about these new and exciting changes and schedule product demonstrations, featuring Vyne Trellis, our end-to-end revenue cycle management platform that helps practices accelerate revenue through a revolutionary fusion of technologies. We continuously strive to advance the dental industry by providing technology that improves 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.

How a Successful DSO Maximizes Operations and Accelerates Revenue

Accelerating revenue collection in a thriving DSO 

In her role as Insurance/Revenue Cycle Manager, Lori Brady’s responsibilities revolve around ensuring the 17 practices she manages are submitting to the correct insurance company and that New England Dental Partners receives timely payments for their services.  “I check all of the offices’ insurance stage reports to make sure they aren’t getting old,” Lori explained.  “We see a lot [of claims] in current, we might see a few in over 30 [days], very few in over 60, and it is almost non-existent in over 90 days old.  We are [typically] getting paid within 7 days.”

Lori’s secret to achieving these astounding numbers is the Vyne Trellis platform, Vyne Dental’s® comprehensive, web-based dental billing platform helping dental practices accelerate their revenue by simplifying the process of claims and attachment management.  

 

Boost your team’s knowledge and accountability by efficiently tracking claims with Vyne Trellis

Before utilizing Vyne Trellis, New England Dental Partners relied solely on a practice management system to manage claims, and Lori noted how “claims were getting dropped and lost, but I didn’t keep track.  I didn’t realize how often that was happening.  We just accepted it, but now [with Vyne Trellis], I teach not only to go back and check a couple of weeks ago, but we go back, and we do 3 – 4 months ago.”  

“I’ve been finding [that] whether you are new to the industry or you are a veteran,  it never hurts to learn and remember the basics,” shared Lori, “and Vyne Trellis helps me teach new people the basics. It’s a great learning tool to use as a learning process all throughout, even on seasoned veterans. It’s just so good.”  

While accelerating revenue collection for New England Dental Partners, Vyne Trellis also tracks the status of claims, helping hold all involved parties accountable.  “We are told all the time [by payers] that we didn’t receive an attachment,” Lori explained, “but when I have an NEA number, they can find it.  We can merge them, and we are happy it will get paid.”

 

An intuitive and user-friendly platform helping give immediate results

“Vyne Trellis helps give immediate results,” shared Lori, valuing the platform’s flagging of any submission errors or claim holdups, streamlining the process of submitting clean claims from the start.  “We don’t have a street address?  It is going to kick it back.  If we didn’t collect the correct group number or ID number?  It kicks it back,” Lori said.  “It helps with remembering, even if I’m a seasoned veteran.  By sending out claims properly the first time, it is considered a clean claim in my book, and we will get paid the first time.  That is our goal.”

Additionally, the platform is intuitive and user friendly with Lori valuing that “Vyne Trellis is a good hand off because there are some front desk people that take turns at doing the attachments.  It may be an assistant or a hygienist.  I have a big, big office with four people that work at the front desk and four hygienists, so if those hygienists are floating around they know I’m going to ask them to do some attachments for me. They can just pick it up, and it’s not a big deal.”

“I’m not waiting for claims to be sent out with attachments because Vyne Trellis is there to remind me all the time,” Lori shared. 

 

Empowering dental practices through efficient, time-saving features

Currently, four of Lori’s practices utilize Vyne Trellis’ Batch and Real-Time Eligibility Verification and Benefit Breakdown, a feature that confirms patients’ insurance plan eligibility and benefit breakdown instantly and automatically, in real time or in batches.  “These offices are busy for a reason and know what they want,” explained Lori. “I put it in our four busiest offices, so they could get the benefits quickly.  When they hit the button, they are expecting immediate results, and they are getting them.”

“What I like the most about Vyne Trellis is I don’t have to look for or hire someone who knows a lot about insurance.  I don’t have to focus on that,” Lori said.  With the Vyne Trellis platform, insurance experience is no longer a necessity when hiring new employees as Lori highlighted the easy-to-use platform clearly “prompts users along the way.”

“If I were a single practitioner,” shared Lori,  “I could confidently purchase Vyne Trellis and know that my claims would go out correctly the first time.”

Discover our innovative revenue acceleration platform that facilitates intelligent data exchange between the payers, the practice, and their patients, revolutionizing dental billing and payment processing.  Learn more at  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.

Granting Independence to Dental Practices with the Power of Cutting-Edge Technology

Granting dental practices independence from the constraints of traditional processes

This 4th of July, declare your independence from the clutches of your practice management system. With a commitment to liberate dental billers from the constraints of traditional insurance processes, claims handling, messaging, scheduling, and more, Vyne Dental harnesses the power of cutting-edge technology to streamline operations, saving practices time and accelerating cash flow.

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 grants you independence and access to a variety of valuable features, including: 

Freedom from Economic Constraints with Unlimited Electronic Claims and Attachments in a Seamless Flow

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

Freedom from Unnecessary Delays with Batch and Real Time Eligibility Verification and Benefit Breakdown

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

Freedom from Inefficient Data Collection with 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.

Experience the freedom of simplified operations and accelerated revenue with Vyne Trellis, as we help uphold the values of independence and progress for thousands of practices nationwide.  

As you celebrate this Independence Day with fireworks, concerts, and parades, Vyne Dental hopes you embody the spirit of John Adam’s original vision, calling for “Pomp and Parade…from this time forward forever more.”   As we envision a nation progressing towards prosperity, we are eager to support your dental office in pursuing the same journey.

Discover how the power of Vyne Trellis can grant your dental practice independence from the limitations of traditional insurance processes, claims handling, messaging, scheduling, and more.  Schedule your demo today.

Sources:
22 4th of July Fun Facts and History – Parade, parade.com/1047578/lindsaylowe/4th-of-july-facts-history/. 
© 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.

How Medical Radiologists Can Help Protect Your Patients and Practice

A comprehensive scan that can save lives

With the ability to reconstruct a three-dimensional (3D) image of a patient’s teeth, mouth, jaw, neck, ears, nose, and throat, a cone-beam computed tomography (CBCT) scan is used by radiologists and dental professionals to capture detailed data for various clinical applications.   

Compared to standard x-rays, a dental CBCT scan can show both bones and soft tissues and uses less radiation.  Additionally, unlike traditional dental x-rays, fewer scans are required to see the different views and angles of a patient’s mouth. 

When a dentist gets a CBCT scanned image back, only about 10% is the dentition that is subject to the dentist’s interpretation so having board-certified medical radiologists interpret the radiograph can catch missed pathologies and potentially save the lives of patients.

 

Did you know?

  • DentalRay detects an incidental finding in one of every 12 CBCT images.
  • Clinical relevance was found in one out of every three patients where a scan detected an incidental finding with 38.6% of this population requiring further treatment.
  • In one out of every 400 CBCT images, DentalRay uncovered cancer with early detection being a lifesaver in cases where the cancer was rapidly acting.  
  • Malpractice litigation is a threat for dentists who perform CBCT scans but miss pathologies by failing to have board-certified medical radiologists interpret the findings.

Protect your practice and increase patient loyalty with DentalRay

DentalRay elevates your practice’s standard of care by providing a team of certified radiologists to diagnose non-dental findings from CBCT scans along with:

  • Automatic submission of radiographs to a network of board-certified medical radiologists
  • User-friendly dashboard to manage radiograph images
  • Fast turnaround time with a medical radiologist report returned within 48 hours
  • Protection for dentists, removing the liability of malpractice for missed pathologies when interpreting CBCT scans 

Patients will reward you with increased trust and loyalty when you protect them with an investment in DentalRay.  Increasing transparency and gaining additional patient insights from radiology reports raise the bar for your practice’s excellence. Contact DentalRay today.

 

Vyne Trellis is our end-to-end revenue cycle management platform that streamlines claims submission and tracking, provides batch and real-time eligibility of benefits, and facilitates a secure environment for your communications so your practice can Bill without Boundaries. Want to learn more about Vyne Dental?

 

*content derived from a Vyne Dental interview conducted on March 28, 2023, with Trevor Mower, Director of Business Development, DentalRay.

 © 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.

 

Helping offices modernize services and appeal to tech-savvy generations through convenient 24/7 Live Webchat.

Rapid advancements in technology present a challenge for dentists to stay-up-to-date with the latest developments.  One significant hurdle faced by dental practices is helping patients overcome their anxiety when scheduling an appointment, especially if they have not visited the dentist in several years.

Flucke & Associates Dentistry is dedicated to providing the very best care possible in a fun, caring, and low-stress atmosphere.  Offering state-of-the-art care, the practice strives to have patients relaxed and smiling from the moment they arrive to the moment they leave.  To create this welcoming environment, the Flucke & Associates team offers patients a cup of freshly brewed coffee, a warm blanket, hand lotion, or warm mittens.  Dr. John Fluke, one of three doctors in the practice and technology editor of Dental Products Report, one of the nation’s largest dental publications, observed another trend in the practice, “The generation that should be your target audience hates making phone calls. Live chat lets them reach you the way they want to reach you,” Dr. Flucke explained.  To solve this problem, the practice decided to implement [Vyne Dental’s] Live WebChat. 

Here’s what happened: 

With Live Webchat, the Flucke & Associates team saw an immediate increase in new patients in just one month due to the tool’s ability to:

  • Respond to website visitors within seconds, answering questions & gathering relevant information to schedule appointments
  • Integrate with most practice management software
  • Schedule directly or pass along leads in real-time to the dental practice team to finalize appointment details in an encrypted environment

“It’s really convenient for patients,” said Dr. Flucke. “When you consider that more than half of the patient population in the U.S. has some form of dental anxiety, it’s hard for some people to pick up the phone and call. This makes the interaction low-stress.”  Streamlining the appointment scheduling process not only benefited patients but significantly improved the process for the Flucke & Associates team members as well.

With real people trained to answer questions specific to Flucke & Associate’s practice, patients could easily schedule appointments on their time and not just during office hours.

© 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 Dnetal’s product(s). As testimonials are based on an Individual’s experience, results may vary and Vyne Dental 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 Proudly Sponsors 10th Annual Dental Success Summit

Join positive, growth-minded, and successful dental professionals in San Antonio, June 15 – 17, 2023.

 

Dental Success Summit aims to help dentists achieve full potential in business and in life

The Dental Success Institute (DSI), founded by Dr. Mark Costes, is a multi-faceted dental education coaching business designed to inspire, connect, and educate the world’s top dental professionals.  With a mission to help dentists achieve their full potential in business and in life, the DSI is excited to host the 10th annual Dental Success Summit in San Antonio, June 15 – 17, 2023, an opportunity for like-minded, successful dentists to become more profitable and evolve as leaders.

 

Gain valuable insights into how top-level clinicians manage their practices

 The summit’s general sessions will feature distinguished speakers with 16 black belt coaches, including Addison Killeen, DDS, a renowned dentist, author, speaker, and business coach, and Dr. Kelly Dove, who will share her expertise on maximizing efficiency by operating an office that is open only four days a week, 7 am – 2 pm, achieving remarkable results of 1.4 M in only 3 years.  Attendees will have the unique opportunity to gain valuable insights into how top-level clinicians effectively manage their practices, ensuring smooth operations and productivity even when they are not present.

 

Additionally, attendees can expect a deep dive into owning a Black Belt level practice, featuring expert knowledge in a comprehensive playbook on how to operate an exceptional practice that is highly systemized and experiences consistent growth month after month.  By implementing the strategies shared from the playbook, attendees can achieve impressive results and having sold out for the past seven years, this year’s seating is extremely limited.  Register today to secure your spot.

Connect with Vyne Dental at DSS

Vyne Dental recently acquired Simplifeye, an industry innovator creating practice efficiency and a modernized patient experience by transforming how practices process billing and payments.  This revolutionary fusion of technologies will bring innovation to dental billing and processing.  Our teams will be available to share more about these new and exciting changes and schedule product demonstrations, featuring Vyne Trellis, our end-to-end revenue cycle management platform that helps practices accelerate revenue through a revolutionary fusion of technologies. We continuously strive to advance the dental industry by providing technology that improves 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.

Why Understanding Your Practice’s Revenue Cycle Management Can Maximize Profitability

 

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.

 

What should be considered when managing a practice’s revenue cycle?

 

There are several core elements to consider when successfully managing your practice’s revenue cycle.  From eligibility to coding, various steps must be closely monitored to track your practice’s cash flow. To begin with, an ease of scheduling for patients is essential for minimizing cancellations and no-shows, guaranteeing that each reserved time slot will result in a future payment from either the patient or the insurance company.  

 

Automating the front end of Revenue Cycle Management 

 

As the patient experience progresses, it is important to consider your practice’s processes for registration, eligibility, and utilization review.  Many of these tasks have automation potential, which not only reduces the burden on your front office staff but can additionally accelerate your practice’s revenue.

 

To maintain a thriving revenue cycle, practices must ensure accurate processing of patient information to prevent insurance verification from being revoked.  Automated eligibility verification can help prevent errors and provide transparency between the payer, provider, and patient.  

 

Proper coding, claims submission system, and patient collections all major impacts on RCM

 

Another vital step in the management of a practice’s revenue cycle is having efficient coding in place.  Proper coding facilitates patient eligibility, prevents denials, and expedites the insurer’s claim review process.  Once a claim is submitted, having a streamlined system in place to provide updates and track claim progress can help identify and address any issues that may arise.

 

At the end of the patient journey, a healthy revenue cycle management system should take proactive measures in monitoring patient collections.  From developing payment plans to exploring payment options, dental practices should be vigilant to ensure fair compensation for their time and resources. 

 

Discover Vyne Dental’s next generation revenue acceleration platform

 

By automating workflows, integrating with other technologies in the practice, and intelligently exchanging data between the payers, the practice, and their patients, Vyne Trellis simplifies life for dental billers, reduces costs for dental practices, and accelerates reimbursements for services rendered.  

 

Vyne Trellis is a transformative complete revenue acceleration platform designed to automate the most critical revenue cycle workflows by providing a single, robust platform for managing claims, attachments, verifications, EOBs, payments, patient forms, reminders, reviews, messages and campaigns.  To learn more reach out to info@vynedental.com

 

Source:
What Is Revenue Cycle Management? (plus Benefits) – Indeed. https://www.indeed.com/career-advice/career-development/what-is-revenue-cycle-management. 

 

© 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. Vyne Dental does not guarantee reliance on the aforementioned 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.

Increase Practice Success with ‘YES’! with Mary Hughes

When dental practices commit to common phraseology, there is a significant increase in case acceptance, according to Mary Hughes, RDH and CEO, Founder, and Instructor at Dental Education Partners

 

In this Vyne Dental-sponsored webinar, Mary will explore strategies for improving and growing practices, focusing on the beneficial impact moving patients into treatment enrollment and acceptance has on both the patient and the care team.  As a seasoned consultant for dental practices across North America, Mary will highlight the importance of determining the areas in a practice where patients are most likely to deny treatment and discuss why phraseology and a yes mindset are key to a practice’s success.  Focusing on how to overcome patient objections, Mary will use her expertise in team training and effective patient communication to explain why practices that are truly serious about growing their businesses should implement same-day dentistry.   

 

Objectives:

 

  • Highlight why phraseology and a yes mindset are key to moving patients into treatment enrollment and acceptance
  • Discuss the importance of overcoming patient objections
  • Review three basic steps that ensure patients understand the value of the care they need

 

Speaker:

Mary Hughes, RDH and CEO, Founder, and Instructor at Dental Education Partners.

Register today to learn how saying “Yes” can lead to practice success.

 

© 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 webinar is part of a joint program with Vyne Dental and has been prepared for informational purposes only.  The content does not constitute legal advice.  The opinions and views expressed in the webinar are the opinions of the designated presenters and do not reflect the opinions or views of Vyne Dental. 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.