By Robert McDermott From the Spring 2022 Journal of the Colorado Dental Association How much time does your staff spend manually completing insurance eligibility and benefit verifications? The 2021 CAQH Index[1] found that each manual verification takes a minimum of 12 minutes. The data for those 12 minutes only includes the time it takes to conduct the verification, not the additional …
Member Benefit: ADA Third Party Payer Concierge Service
The American Dental Association restarted its Third Party Payer Concierge service in January 2022 after a year-long hiatus. The service, which assists dentists with insurance questions and concerns with third party payers, is for member dentists only and can be accessed by calling 1-800-621-8099 or emailing dentalbenefits@ada.org. “Many dentists cite dental insurance as the source of one of their greatest frustrations …
A New Normal for Patients, Procedure Billing and Profits
By Krysten Garduno From the Spring/Summer 2020 Journal of the Colorado Dental Association Dentists are facing many challenges in the wake of the novel Coronavirus. The gradual reopening of our offices causes us to reflect on some important topics that could be causing headaches for practice owners across the country. As Colorado providers, we must ensure that we are creating …
Out-of-Network Billing Update
As shared with CDA members in the 2019 legislative wrap up, last year’s House Bill 19-1174 established new standards for out-of-network billing at in network facilities. House Bill 19-1174 does not apply when a patient voluntarily uses an out-of-network provider, but only in emergency situations or care settings where the patient does not have a choice of providers (e.g., surgical …
Succession Planning
By Jeff Feakes From the Spring 2019 Journal of the Colorado Dental Association As a partner or co-owner of a dental practice, you’ve spent years building a valuable financial interest in your business. You may have thought of additional ways to protect your business and your family should something happen to you but are unsure of the appropriate methods to accomplish …