Attrition and client churn can be detrimental to your business. Loss of clients due to attrition can lead to decreased revenue, lost investments, and eroding customer loyalty. Fortunately, there are strategies you can use to prevent attrition and increase your loyal client base. Below are some of the many ways you can ensure patient collection … Continued
Patient insurance billing might not be one of the first things that come to mind when you imagine what it takes to run a thriving orthodontic practice, but it should be. In addition to prioritizing a high quality of care and thorough medical knowledge, you, as a business owner, need to account for how crucial … Continued
Choosing an orthodontic collections agency is no easy feat. Generally, the decision comes down to what options are most important to the customer. Cost, patient relations, and maintaining the image of your brand are all things to consider when selecting an orthodontic collections agency. It’s also important to know that a collections agency is usually … Continued
Orthodontic collections companies are in demand for most orthodontic practices. A collection company is hired to collect payments and provide accurate patient billing data for dental insurance companies, dental clinics, and other medical practices. You should consider many factors when choosing a collection company to make your orthodontic practice financially stable. 1. Company Reputation The … Continued
The business side of your orthodontic practice may not be all glamorous. The insurance industry and the healthcare marketplace are part of a complex labyrinth that can challenge even the most experienced orthodontists. It can be challenging for individual practitioners to follow up on claims and bill payments. Orthodontic billing services remain a strategic competitive … Continued
If your orthodontics practice is suffering due to a lack of patients, you’re not alone. Patient visits have dropped drastically nationwide predominantly due to the pandemic. However, there are several steps that you can take to improve your practice and get patients back in your chairs safely. Here’s what they are: Communicate with Patients Communication … Continued
The American Dental Association estimates that there are 10,648 practicing orthodontists in the U.S. This figure translates to approximately 3.27 specialists for every 100,000 Americans. As an orthodontist, you may take pride in giving your patients brighter smiles through effective teeth straightening. Unfortunately, most practices struggle with orthodontic collections. Ideally, you complete an orthodontic treatment, … Continued
4 AREAS TO PROTECT AGAINST LOSS OF ORTHODONTIC PRACTICE REVENUE 1) Time is money. Process your claims in a timely manner. Monitor un-submitted and rejected claims reports and process them on time. This is important because neglecting these reports will lead to delays in filing and could result in the claims being denied by the … Continued
