Accounts Receivable & Collections
Accounts Receivable is the amount of money owed to the dental practice for treatment provided. This includes claims outstanding to dental insurance carriers as well as patient balances. The longer this money is owed, the less value it holds. And the less likely we are to receive it. It is an area where we can’t be complacent. And we must rely on solid dental practice business systems. Because it is our solid business systems that bring success and even dental practice growth.
Dental Collections Training Bundle
Accounts receivable numbers show us two things. Yes, they show us the dollar amount that is owed the practice. But they also show us where we can improve our business systems. Which is why we want to work with proven systems. If the dental practice operates on a “do what you can” mentality, that is exactly what the practice receives back. Whatever comes in.
Let’s help you actually collect payment for services provided and in a timely manner!
Accounts Receivable E-Book
Dental Office Collections
Dental office collections is the amount of money we collect for dental services. This is a number we want to see at 100%. (Where we want our accounts receivable numbers to be low. They really should be lower than our average monthly production). Collections come via patient payment at the time of service, dental insurance payments, patient pre-payments, and patient statements.
Improve Dental Office Collections with better patient account management! The Dental Accounts Receivable Made Simple E-Book focuses solely on patient balances and collection of patient balances. As well as a phone script to ask for payment, collection letters, patient credit balances, and reports to run and track.
Contents Include:
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Money Talk
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Outstanding Money
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Patient Billing
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Over 30 Days
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Over 60 Days
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Over 90 Days
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Envelope Tactics
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Flags
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Reports
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Credits
Dental Collection Practices Course
It is a combination of process and procedures that keep our dental office accounts receivable low and our collection rates high! Solid treatment and financial presentations set the stage for our success. Insurance verification and accurate insurance estimates then allow us to collect what is due at the time of service. However, we must be comfortable talking about money and treatment. This is critical! Follow those beginning steps up with efficient business systems for insurance billing and claim tracking as well as patient statements and follow-up! And done well, you too can have a collection rate of 100%!
Dental Office Collection Practices
This powerful yet simple course will guide the user through essential steps to use each and every day in the dental practice.
Collections can be the most rewarding piece of dental practice management.
The most successful collection practices begin when treatment is presented.
Consistent follow up and follow through keep accounts from rolling over to the over 60 & over 90 day categories.
There really is no secret to improve dental office collections. However, there is a little magic ; )
Dental Office Collections Course is an online, self-propelled course. Want to boost your dental office collections? Let’s provide our dental office teams with the tools they need! Training tools and proper instruction are necessary. And this course will help!
Bring this powerful course to the game and improve your dental office collection rate. From treatment presentation to payment collection. See how to submit dental pre-estimates, discuss cost, and follow unpaid claims.
And how do we manage patient billing and their billing questions? Get all this and more for your dental office toolbox!
The course can be completed at the user’s pace and can be revisited time and time again. Even print the course units to create your own customized manual!
Dental Insurance Training Video
A Power Point Presentation
This 20 minute power point presentation brings the fundamental and basics of dental insurance to the viewer and includes the following topics of discussion:
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Types of Dental Insurance
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What are CDT codes? How are they categorized?
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Insurance Terminology
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Dual Dental Insurance
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Downgrades
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Calculating Benefits
Also included are my Dental Insurance Verification Form and Downgrade Calculator.
Calculating Dental Benefits Course
Dental Benefit Calculations Course walks the user through the steps of calculating patient benefits with examples. Definitions and explanations are provided for the user. As well as step by step calculations that are easy to follow. Practice examples and math problems are provided with solutions and explanations.
This is a great course to print out and use as a training manual for new dental office administrators. Or even as a test for potential team members.
Dental office accounts receivable reflect our dental practice business systems. If there is a problem or concern with outstanding collections, there are systemic problems within the business. And all of these systems with the dental practice are connected. As we begin to implement stronger systems within the practice, all of the business systems improve.
Accounts Receivable Considerations
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How To Ask For Payment
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Better Financial Presentations
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Patient Statements
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Insurance Aging Reports
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Credit Balance Reports
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Patient Refunds
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Insurance Refunds
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Copay Calculations
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Financial Reporting
Ready to Improve Your Collection Rate?
Want the training materials just for accounts receivable management? And perhaps you have more of a “DIY” mind set! Here you go! And this training bundle includes my Weekly Management Systems Workbook to help you build your very own customized Weekly Management Systems.
Get started right now! Click this link below for additional savings information and to boost your dental office collections rate!
