As a dental practice owner, you know all too well how expensive it is to run your office. Between equipment and supply purchases, payroll, lab costs, and advertising, you may worry if it's possible to maintain your profitability with all these variable costs.
Ready to create a lean operating practice that enjoys a healthy profit margin and outstanding patient care? We've put together a quick overview of how to handle the business side of your dental office and 25 tips to boost your profitability.
Ready to create a lean operating practice that enjoys a healthy profit margin and outstanding patient care? We've put together a quick overview of how to handle the business side of your dental office and 25 tips to boost your profitability.
If you don't want to sell below average, you have to assess additional qualitative features that make it more profitable. If sales numbers aren't enough, factors like profitability and unique dental practice features can diminish the inevitable impact of your overhead costs. But how can you boost them?
Whether you're just establishing your first dental practice or want to ensure your current recordkeeping process is appropriate, this article can provide insight into the basics of this daily task and offer some tips to make this process more efficient.
Ensuring your practice has a solid grasp of this coding will minimize denials and delays in payment for the procedures you provide. This article provides a quick overview of important teledentistry coding and billing as well as some best practices for avoiding delayed and denied reimbursement requests.
Whether you're just establishing your first dental practice or want to ensure your current recordkeeping process is appropriate, this article can provide insight into the basics of this daily task and offer some tips to make this process more efficient.
Ensuring your practice has a solid grasp of this coding will minimize denials and delays in payment for the procedures you provide. This article provides a quick overview of important teledentistry coding and billing as well as some best practices for avoiding delayed and denied reimbursement requests.
Believe it or not, dental billing software could be just the boost you are looking for! Aside from helping your collection rate go up, your account department will code more efficiently, including implementing a better grouping of common procedures. How is this possible? Read on to find more!
Ready to create a lean operating practice that enjoys a healthy profit margin and outstanding patient care? We've put together a quick overview of how to handle the business side of your dental office and 25 tips to boost your profitability.
Ready to create a lean operating practice that enjoys a healthy profit margin and outstanding patient care? We've put together a quick overview of how to handle the business side of your dental office and 25 tips to boost your profitability.
If you don't want to sell below average, you have to assess additional qualitative features that make it more profitable. If sales numbers aren't enough, factors like profitability and unique dental practice features can diminish the inevitable impact of your overhead costs. But how can you boost them?
Whether you're just establishing your first dental practice or want to ensure your current recordkeeping process is appropriate, this article can provide insight into the basics of this daily task and offer some tips to make this process more efficient.
Ensuring your practice has a solid grasp of this coding will minimize denials and delays in payment for the procedures you provide. This article provides a quick overview of important teledentistry coding and billing as well as some best practices for avoiding delayed and denied reimbursement requests.
Whether you're just establishing your first dental practice or want to ensure your current recordkeeping process is appropriate, this article can provide insight into the basics of this daily task and offer some tips to make this process more efficient.
Ensuring your practice has a solid grasp of this coding will minimize denials and delays in payment for the procedures you provide. This article provides a quick overview of important teledentistry coding and billing as well as some best practices for avoiding delayed and denied reimbursement requests.
Believe it or not, dental billing software could be just the boost you are looking for! Aside from helping your collection rate go up, your account department will code more efficiently, including implementing a better grouping of common procedures. How is this possible? Read on to find more!
Believe it or not, dental billing software could be just the boost you are looking for! Aside from helping your collection rate go up, your account department will code more efficiently, including implementing a better grouping of common procedures. How is this possible? Read on to find more!
Drastic electronic overhauls are revolutionizing dental practices and improving the ways offices record and track patients. However, with all this new technology, many dentists still find tracking patient health a primary challenge in maintaining their billing process. Another factor is getting paid.
Drastic electronic overhauls are revolutionizing dental practices and improving the ways offices record and track patients. However, with all this new technology, many dentists still find tracking patient health a primary challenge in maintaining their billing process. Another factor is getting paid.
This document provides guidance on billing qualifying dental procedures to medical insurance policies to expand patient access to care and increase practice revenue. It outlines categories of medically necessary dental procedures that can be billed to medical insurance, including diagnostic procedures, traumatic dental injury treatments, surgical procedures, and non-surgical treatments. The document emphasizes the importance of using proper medical coding and clearly explaining the medical necessity of any dental procedures billed to medical insurance.
Learn more about turning your practice data into actionable insights that can improve every aspect of your operations, from production metrics to marketing campaign performance. Request your demo today!
A dental service organization (DSO) is a corporate solution to manage many aspects of your practice so you can focus your efforts on your patients. If you're unsure about what exactly a DSO does and if it fits your practice's demographic, read on to learn more about these companies and why dentists are joining these large dental groups.
This challenge presents an opportunity for dental practices to increase their patient base and boost revenue by billing qualifying dental procedures to medical policies instead. Doing so not only helps patients access care to resolve complex oral health issues but also does so cost-effectively while preserving what dental benefits they might have.
If you haven't established a patient communication cadence yet or aren't even sure what that is, this helpful guide explains the basics. We've also included tips for optimizing your patient messaging strategy.
A dental service organization (DSO) is a corporate solution to manage many aspects of your practice so you can focus your efforts on your patients. If you're unsure about what exactly a DSO does and if it fits your practice's demographic, read on to learn more about these companies and why dentists are joining these large dental groups.
If you haven't established a patient communication cadence yet or aren't even sure what that is, this helpful guide explains the basics. We've also included tips for optimizing your patient messaging strategy.
You take time to analyze your business and set financial goals to increase patient growth, maximize productivity, improve dental services, and increase your ROI. But, to truly get a clear snapshot of how your dental office is performing, you should conduct a SWOT analysis. The following guide will cover everything you need to know about this tried and true assessment.
As a dental practice owner, you know all too well how expensive it is to run your office. Between equipment and supply purchases, payroll, lab costs, and advertising, you may worry if it's possible to maintain your profitability with all these variable costs.
The reality is that even though everyone in your office looks busy, it doesn't mean their efforts are productive. So, how can you tell the difference between beneficial productivity and just being actively busy due to disjointed operational processes? And, what can you do to change things around in your dental office? In this post, we'll explain everything and help you get your dental team back on track.
If you want to improve your current strategy to reduce patient no shows, keep reading. In this article, we'll share our top proactive steps to get people to follow through and make their dental office appointments.
The reality is that even though everyone in your office looks busy, it doesn't mean their efforts are productive. So, how can you tell the difference between beneficial productivity and just being actively busy due to disjointed operational processes? And, what can you do to change things around in your dental office? In this post, we'll explain everything and help you get your dental team back on track.
If you want to improve your current strategy to reduce patient no shows, keep reading. In this article, we'll share our top proactive steps to get people to follow through and make their dental office appointments.
As a dental professional, you are probably familiar with EHRs and practice management software. These are crucial technological tools to keep your busy office running smoothly, ensure patients have a great experience in your care, and help your business stay profitable. Another popular feature that dentists are offering is the patient portal.
HIPAA compliance when marketing on social media is the responsibility of every health care provider, dentists included. Social media platforms like Instagram and Facebook have fast become lucrative marketplaces for dental professionals, and offer these companies offer important advertising tools to help drive business.
Evaluating a Voice Over Internet Protocol (VOIP) phone system for dental office phone service can be daunting. With the latest advancements in communication technology, you're likely discovering terms and features you've never heard of before.
Evaluating a Voice Over Internet Protocol (VOIP) phone system for dental office phone service can be daunting. With the latest advancements in communication technology, you're likely discovering terms and features you've never heard of before.
Believe it or not, dental billing software could be just the boost you are looking for! Aside from helping your collection rate go up, your account department will code more efficiently, including implementing a better grouping of common procedures. How is this possible? Read on to find more!
Drastic electronic overhauls are revolutionizing dental practices and improving the ways offices record and track patients. However, with all this new technology, many dentists still find tracking patient health a primary challenge in maintaining their billing process. Another factor is getting paid.
Drastic electronic overhauls are revolutionizing dental practices and improving the ways offices record and track patients. However, with all this new technology, many dentists still find tracking patient health a primary challenge in maintaining their billing process. Another factor is getting paid.
This document provides guidance on billing qualifying dental procedures to medical insurance policies to expand patient access to care and increase practice revenue. It outlines categories of medically necessary dental procedures that can be billed to medical insurance, including diagnostic procedures, traumatic dental injury treatments, surgical procedures, and non-surgical treatments. The document emphasizes the importance of using proper medical coding and clearly explaining the medical necessity of any dental procedures billed to medical insurance.
Learn more about turning your practice data into actionable insights that can improve every aspect of your operations, from production metrics to marketing campaign performance. Request your demo today!
A dental service organization (DSO) is a corporate solution to manage many aspects of your practice so you can focus your efforts on your patients. If you're unsure about what exactly a DSO does and if it fits your practice's demographic, read on to learn more about these companies and why dentists are joining these large dental groups.
This challenge presents an opportunity for dental practices to increase their patient base and boost revenue by billing qualifying dental procedures to medical policies instead. Doing so not only helps patients access care to resolve complex oral health issues but also does so cost-effectively while preserving what dental benefits they might have.
If you haven't established a patient communication cadence yet or aren't even sure what that is, this helpful guide explains the basics. We've also included tips for optimizing your patient messaging strategy.
A dental service organization (DSO) is a corporate solution to manage many aspects of your practice so you can focus your efforts on your patients. If you're unsure about what exactly a DSO does and if it fits your practice's demographic, read on to learn more about these companies and why dentists are joining these large dental groups.
If you haven't established a patient communication cadence yet or aren't even sure what that is, this helpful guide explains the basics. We've also included tips for optimizing your patient messaging strategy.
You take time to analyze your business and set financial goals to increase patient growth, maximize productivity, improve dental services, and increase your ROI. But, to truly get a clear snapshot of how your dental office is performing, you should conduct a SWOT analysis. The following guide will cover everything you need to know about this tried and true assessment.
As a dental practice owner, you know all too well how expensive it is to run your office. Between equipment and supply purchases, payroll, lab costs, and advertising, you may worry if it's possible to maintain your profitability with all these variable costs.
The reality is that even though everyone in your office looks busy, it doesn't mean their efforts are productive. So, how can you tell the difference between beneficial productivity and just being actively busy due to disjointed operational processes? And, what can you do to change things around in your dental office? In this post, we'll explain everything and help you get your dental team back on track.
If you want to improve your current strategy to reduce patient no shows, keep reading. In this article, we'll share our top proactive steps to get people to follow through and make their dental office appointments.
The reality is that even though everyone in your office looks busy, it doesn't mean their efforts are productive. So, how can you tell the difference between beneficial productivity and just being actively busy due to disjointed operational processes? And, what can you do to change things around in your dental office? In this post, we'll explain everything and help you get your dental team back on track.
If you want to improve your current strategy to reduce patient no shows, keep reading. In this article, we'll share our top proactive steps to get people to follow through and make their dental office appointments.
As a dental professional, you are probably familiar with EHRs and practice management software. These are crucial technological tools to keep your busy office running smoothly, ensure patients have a great experience in your care, and help your business stay profitable. Another popular feature that dentists are offering is the patient portal.
HIPAA compliance when marketing on social media is the responsibility of every health care provider, dentists included. Social media platforms like Instagram and Facebook have fast become lucrative marketplaces for dental professionals, and offer these companies offer important advertising tools to help drive business.
Evaluating a Voice Over Internet Protocol (VOIP) phone system for dental office phone service can be daunting. With the latest advancements in communication technology, you're likely discovering terms and features you've never heard of before.
Evaluating a Voice Over Internet Protocol (VOIP) phone system for dental office phone service can be daunting. With the latest advancements in communication technology, you're likely discovering terms and features you've never heard of before.
2. As a dental practice owner, you know all too well how expensive it is to run your office. Between equipment and
supply purchases, payroll, lab costs, and advertising, you may worry if it's possible to maintain your profitability
with all these variable costs.
While you are used to adapting your processes to new dental technology and products, you reducing the overhead
that inevitably comes with this territory is somewhat challenging. There are several ways to tackle wasteful
spending, such as going with new vendors for your supplies, but it's always best to evaluate how efficiently your
dental practice is managed.
Below are our top strategies to manage overhead that is impacting your bottom line and impeding practice success:
Top Strategies to Reduce Overhead in Dental Practices
Automate Your Scheduling
3. Does your practice have a VoIP phone system with SMS messaging capabilities? If so, get the most out of text
communications with your patients by automatically sending out scheduling requests and reminders. This can innovate
your entire recall process and save your front desk team time and sanity. That's because of the reduction in phone calls
they will have to make throughout the course of their day.
Patients can simply click an embedded link to your online calendar or respond back to set up or confirm their upcoming
visit. Adit's automated scheduling features enable your practice management system to automatically book treatment
dates based on our software interpreting patient text responses.
Centralize How You Communicate
4. Most dental offices rely on several methods of communication to reach out to potential and existing patients about
the latest treatments and special offers available. From traditional postcard mailers to radio ads and billboards, the
cost to engage your market audience using these channels is costly. When you add in secure two-way messaging,
emails, and digital marketing, it's easy to find your communication strategy disjointed and inefficient.
A state-of-the-art VoIP system that integrates with your practice management system, like Adit Voice, can bring all
of these channels into a centralized communication hub. This means substantial time savings for your team because
of smart routing technology, call recording, and auto populating a caller's information. These features keep your
team up-to-date on everything, from upcoming appointments, treatment history, account balances, and more.
Go Remote With Mobile PMS Apps
COVID-19 sent many dental practitioners scrambling to find viable options for continuing patient care during a major
global health crisis. If you were one of the thousands of U.S. practices that dealt with temporary closures, stringent
exposure prevention measures, and limited office hours, teledentistry was probably a lifesaver.
With mobile applications, dental professionals and their staff can continue seamless communications and complete
day-to-day administrative tasks while still providing quality dental treatments while out of the office. This saves time
on supplies, patient travel costs, and operational expenses associated with office visits.
Put Your Online Reviews To Work
In just the past ten years, digital marketing has transformed how dental practices engage their market audience. This
is mostly because people primarily search online for their dentists. Reviews left on sites like Facebook or Google My
Business are crucial to a prospective patient's decision to book an appointment with your clinic.
5. The more positive reviews you have, the better your search engine results page (SERP) ranking.
Make it a priority to get this feedback from your patients at the end of every visit by scheduling automated texts to
trigger once an appointment gets marked complete in your PMS. Not only is it a convenient reminder, but you can
embed a link in your message for quick access to your preferred review site.
Get All Your Flexible Payment Options Under One Platform
Reduce overhead from payment processor fees by consolidating your bill pay options under a single platform, like Adit
Pay. With this type of convenient application, your patients can still settle their accounts via a secure link or through
their patient portal at their convenience. You can have your current practice management system seamlessly integrate
with this software, which can automatically update patient account balances.
6. You should also consider investing in this platform option to go virtually paperless when it comes to billing. Imagine the
time saved if your team isn't constantly printing and loading invoices into envelopes to mail each month.
Streamline Workplace Collaboration With Internal Chat
How often do your employees need to track down another team member to get answers? Does this happen in the
middle of a patient's treatment experience? Ineffective communication leads to distractions, mistakes, and
organizational failures that impact patient experiences. Internal chat integrations can make a world of difference in
these areas and reduce the time lost trying to track down a team member.
7. This option also provides an innovative way to improve collaborative efforts, allowing your employees to keep up-to-
date on important matters discreetly when attending to a dental patient. All these benefits translate into saved
production time and happier patients thanks to reduced distraction. Your bottom line will love these advantages.
Discover What Contributes To Your Overhead Using Analytics
One of the quickest ways to identify inefficiencies in your office that lead to high overhead costs is by using practice
analytics. Dental companies have quickly discovered the invaluable nature of data collection and analysis like every
other industry. Using an intuitive practice analytics tool to evaluate everything from treatment trends, scheduling
efficiency, and patient communication can help you take actionable steps to address any issues impacting your
monthly spending.
This feature is especially helpful when it comes to staffing decisions. Learn what times of day are your busiest and
save on unnecessary variable costs, including payroll. Use this same tool to determine which patients have become
inactive and actively work to recall them. This can offset your overhead expense.
Reduce Your Postage Costs
If you have a VoIP system in your dental practice, make the most out of it and limit how much time gets wasted on
preparing and mailing physical paperwork. Instead, send electronic patient form requests via text message and receive
important intake paperwork sooner than later. This allows your team to identify any insurance or previous medical
history issues that could delay treatment and/or collection.
8. Using a platform like Adit Voice takes electronic form submission to the next level of efficiency. It integrates with your
current PMS and automatically routes received information to the patient's file. This means shorter wait times and less
workload on your front desk. The savings you will earn from using less postage supplies and streamlined productivity
will put a significant dent in your overhead.
Consider Focusing On Email Marketing
Dental practices often spend thousands every month on ad campaigns in hopes of capturing quality leads that will
convert into booked appointments. Regardless, if you're a new startup or have multiple branches throughout your
state, reducing marketing costs is always top on the list of spending cuts.
9. Email marketing may be a great alternative to the high cost of PPC ads. Consider optimizing your email outreach to
take on some of your advertising goals. This approach costs just a fraction of pay-per-click ads, and their
customizability offers you the same targeting capabilities.
Cloud-based practice management platforms like Adit offer advanced email marketing tools that make composing
email campaigns a breeze. Use pre-created templates or create your own with an intuitive dashboard. Need to send
out a batch or have segmented lists? No problem! Save time by importing patient information with just a few button
clicks.
Adit is Your Premier Solution to Decrease Dental Practice Overhead Costs
To truly address overhead spending in your dental office, you need the right practice management tools. It takes
more than buying fewer supplies and being conservative with energy to address this costly inevitability of running a
practice. You should take a big picture approach to how your clinic runs and the methodologies used to achieve your
financial goals.
Adit offers over 15 tech-forward practice management tools that will empower your dental business to run more
efficiently. From digital file management to billing and teledentistry, our team of expert developers continues to
innovate technological solutions to help you meet the ever-growing demands of the dental industry.
Learn more about how Adit practice management software can help you gain control of your business overhead
costs by requesting a free demo today.