Insurance denials are one of the biggest challenges dental practices face. When a claim is denied, it can lead to significant delays in receiving payment, which directly affects your practice’s cash flow.
The Financial Impact of Denials
A denied claim means you don’t get paid for the work you’ve already done, which can lead to cash flow problems, especially if denials are frequent. This can create financial strain, making it harder to cover operating expenses and affecting your ability to pay staff and suppliers.
How to Reduce Insurance Denials
- Accurate Coding: One of the primary reasons for claim denials is incorrect or incomplete coding. Double-check all coding before submitting claims to ensure accuracy.
- Pre-Authorization: For high-cost procedures, getting pre-authorization from the insurance provider can help reduce the risk of a denial. This ensures that the treatment will be covered by insurance before it’s performed.
- Timely Submissions: Submitting claims in a timely manner is essential to prevent denials due to missed deadlines. Many insurance providers have strict timeframes for claim submissions, and missing them could result in an automatic denial.
- Proactive Follow-Ups: After submitting a claim, always follow up. Denied claims should be investigated, appealed, and resubmitted promptly to prevent long-term revenue loss.
How AR Dental PRO Helps
AR Dental PRO is an expert in managing and reducing insurance denials. Our experienced team follows up on every claim to ensure that your practice is paid on time and that denials are addressed quickly.
Don’t let insurance denials impact your practice’s cash flow.
Partner with AR Dental PRO to streamline your billing and improve your claim acceptance rate. Contact us today to learn how we can help.