Hundreds of millions of claims are denied by insurance companies in the US every year, amounting to billions of dollars lost due to an inefficient billing claims system.
It’s difficult for dental practices to continue to operate with piles of denied claims and loss in revenue. Keeping accounts receivables current and collecting on outstanding balances is crucial for the financial success of a practice.
Dental Revenue Group provides turnkey solutions to individual and group practices allowing them to collect more revenue by streamlining their revenue cycle without putting any extra burden on the current staff. Let DRG handle your dental office billing needs and focus on growth and patient care.
Breakdown of Benefits - DRG will identify patients that have insurance coverage and provide your team with a detailed plan breakdown of benefits BOBs ensure your patients’ insurance coverage is active and you know exactly what services are covered along with frequency limitations. History, coverage amounts, plan exclusions, frequencies and eligibility details are provided so you can do what you do best, focus on clinical care and not wasting time on the phone with insurance companies.
Credentialing and Fee Schedules - DRG will update fee schedules in your dental software. Treatment plans will have accurate patient copays. Provider Insurance Credentialing in and out of network is also included.
Claim Submission - DRG reviews your patient walk-outs and progress notes in detail prior to submitting your claims. We’ll submit claims with attachments such as images, narratives and periodontal charting to make sure your claim is paid.By allowing us expert team to submit claims, you get paid faster and avoid delays or resubmissions.
Payments & Patient Statements - DRG will post insurance payments and make any necessary adjustments. Clean accounts, we do the tedious work for you with accuracy and the most attention to detail. Statements will be generated for patient balances.
Financial Reporting - Knowing the financial health of a practice is a must. DRG will provide you detailed reporting to ensure you know your benchmarks.
Accounts Receivables & Outstanding Claims - DRG will consistently collect on your outstanding A/R and claims. By following up with insurance companies and taking action on delinquent accounts, DRG will increase in your collections.