Electronic funds transfer may become the preferred payment method for third-party payers but protections for dentists need to be in place. This is according to the ADA Center for Dental Benefits, Coding and Quality and echoed by ADA President Joseph P. Crowley. “Technology makes it possible to be more efficient, both in our front-of-office processes and with our… Read More »
How can you make your practice stand out above the others in your community? How can you build loyalty, referrals and positive reactions to social media posts? A dental practice is mainly a service business, and everyone in the practice is a participant in that service. The better the service, the more patients are impressed. Improving service so… Read More »
Dental benefits and third-party payer issues are often rated among the most important concerns confronting dentists, and are the source of many calls to the staff of the ADA Center for Dental Benefits, Coding and Quality each day. And many of those calls concern the complicated legal language in clauses that proliferate in the contracts. “Above all else,… Read More »
Once you’ve gotten your budget established and your debt under control, you should begin saving. Develop a savings strategy that will help you meet short and long-term goals. Emergency fund — This is exactly what it sounds like- a place to save for emergencies. Start here and try to save six month’s-worth of expenses. Goal fund — This… Read More »
Dentists have many concerns when it comes to their patients’ dental plans, benefits and third-party payers. Among them are pre-authorizations, delays in processing claims, claim denials, refund requests and the lack of assignment of benefits to non-participating dentists. Staff of the ADA Center for Dental Benefits, Coding and Quality within the Practice Institute continually receive and address a… Read More »
As a new graduate or early career dentist considering practice ownership, it’s important to get the loan you need to build or purchase the practice you truly want. Receiving a favorable review from your lender can havean impact on the amount of funds that are available to you, as well as the terms of the loan including interest… Read More »