business of dentistry 2015

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Simplify your business and watch it grow.

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Page 1: Business of Dentistry 2015

Simplify your business and watch it grow.

Page 2: Business of Dentistry 2015

$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

Page 3: Business of Dentistry 2015
Page 4: Business of Dentistry 2015

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

Page 5: Business of Dentistry 2015

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

Page 6: Business of Dentistry 2015

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.”

Page 7: Business of Dentistry 2015

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.”

Page 8: Business of Dentistry 2015

creating practice efficiency throughexpert eligibility and benefit verification.

Page 9: Business of Dentistry 2015

AVOID ELIGIBILITY DENIALS

20% of all claims are denied for some reason.

80% of those denied are dueto incorrect or inaccurate eligibility & benefit information.

Page 10: Business of Dentistry 2015

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!

Page 11: Business of Dentistry 2015

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

Page 12: Business of Dentistry 2015

Integration with Dentrix Enterprise

Page 13: Business of Dentistry 2015

creating practice efficiency throughexpert eligibility and benefit

verification.

Page 14: Business of Dentistry 2015

Want to learn more?

Visit us in the Partner Pavilion!