business of dentistry 2015
TRANSCRIPT
Simplify your business and watch it grow.
$25 billion in administrative costs
OneMind Health delivers performance, visibility, and efficiency to dental
practices where complexity, inefficiency, and lost opportunities abound.
Front office dental staff are perpetually multi-tasking
Dentists lack visibility to key business performance indicators
Simplicity out of Complexity
Complexity is Costly and Inefficient
Claim denials due to inaccurate or incomplete insurance information
Write-offs due to non-covered services, frequency, and alternate benefits
Difficulty balancing insurance restrictions versus optimal patient care
Inefficient manual tasks that distract from the core business objectives
OneMind Health Brings Simplicity to Complex Problems
Complete eligibility and benefit insights that provide the information needed to reduce claim denials
Accurate benefit data eliminates estimation guesswork that create non-collectible write-offs
Increase provider production by maximizing benefits and providing optimal care
Automate costly manual tasks to reduce user errors, while redirecting focus to business objectives
WHY DO YOU VERIFY?“…we have no choice”
“…so I can present an accurate treatment plan.”
“So we can get paid for our services.”
“…to get a complete rundown of benefits and preventive history.”
“If we don’t, our practice goes KABOOM!”
“…to eliminate surprises.”
“…to help patients understand their insurance.”
What happens if you don’t verify?
ELIGIBILITY DENIALS
“If we don’t verify – we have an insurance denial and have to write off the amount.”
MISSED PRODUCTION OPPORTUNITIES
“We need to know if a patient is eligible for a FMX {…} the patient needs to know what their responsibility is.”
INACCURATE TREATMENT PLANS:
“If we don’t verify, we can expect inaccurate insurance estimates, which potentially leads to greater write-offs for the practice. Patients feel like if we don’t know what their insurance is going to cover then we may not be the best dental practice for them.”
creating practice efficiency throughexpert eligibility and benefit verification.
AVOID ELIGIBILITY DENIALS
20% of all claims are denied for some reason.
80% of those denied are dueto incorrect or inaccurate eligibility & benefit information.
INCREASE HYGIENE PRODUCTION
Pano ($175) vs bitewings ($65) = $110 each time it’s caught
Your practice will see $2200 in four weeks if you’re open M-F and catch this once a day – JUST ON PANOS!
ACCURATE ESTIMATES
Think of how many patients a week don’t schedule their recommended treatment.
Scheduling two extra crowns (@ $1425 each) per week = $11,400/mo
Integration with Dentrix Enterprise
creating practice efficiency throughexpert eligibility and benefit
verification.
Want to learn more?
Visit us in the Partner Pavilion!