Dental Insurance Aging Reports
Gain insights into the financial health of your practice with EZ Dental Billing's Dental Insurance Aging Reports. Track outstanding insurance claims, identify revenue bottlenecks, and prioritize collections effectively. Partner with EZ Dental Billing to optimize your practice's financial performance and ensure timely reimbursement for your services.
DON’T LET COLLECTIBLE CLAIMS EXPIRE!
Establish a procedure for outstanding insurance collections with EZ Dental Billing today! Our detailed reports provide a snapshot of your accounts receivables, enabling you to take proactive measures to accelerate revenue recovery. When you partner with us, we support your dental practice by creating a strategy where collectible claims are monitored and reviewed daily — where cash flow is improved and collectible dental claims don’t slip through the cracks! Stay informed, streamline collections, and maximize revenue potential with our comprehensive Dental Insurance Aging Reports.
WE CAN HELP WITH INSURANCE AGING REPORTS IN THE FOLLOWING WAYS:
- Creating patient ledgers
- Documenting claims that have been worked on and collected
- Noting records of making efforts to collect
- Submitting daily reports
- Improving cash flow
- Mitigating expired claims
- Tracking payments
THE IMPORTANCE OF TRACKING UNPAID PATIENT BALANCES AND INSURANCE CLAIMS
Dental insurance aging reports provide important information to the dental practice, namely unpaid patient balances, and you may even find a few insurance claims within them!
These reports give your dental practice an idea of the total amount that’s owed, which makes it critical to understand what is currently owed and what charges are past due. Monitoring and tracking these reports should be done monthly at a minimum, if not weekly.
If you don’t have a process in place currently, it can be overwhelming depending on the amount of historical data being migrated; however, after initial setup, you’ll find an easier and more efficient means of tracking dental claim billing — from monitoring code and carrier rejections to identifying missing documentations to help speed the entire billing process.
KNOW EXACTLY WHICH PATIENTS TO SCHEDULE
Dental insurance aging reports are able to flag any accounts with a past-due balance, ensuring you don't schedule additional treatments that add to their unpaid balances.
IDENTIFY ALL STATEMENTS THAT GO UNSENT
It's not uncommon for glitches to happen and the patient's statement goes unsent. Get a team dedicated to the details that watches and monitors the last statement date of balances.
OBTAIN UP-TO-DATE ACCOUNT INFORMATION
Keep all of your staff on the same page with aging report details that outline an estimated payment date or an agreed-upon payment amount.
OPTIMIZED ACCOUNTS RECEIVABLE MANAGEMENT
Weekly aging reports are gathered so you never miss vital practice information again.
IT'S TIME TO STAY UP-TO-DATE WITH YOUR DENTAL PRACTICE'S FINANCIAL HEALTH!
THE IMPORTANCE OF TRACKING UNPAID PATIENT BALANCES AND INSURANCE CLAIMS
Dental insurance aging reports provide important information to the dental practice, namely unpaid patient balances, and you may even find a few insurance claims within them!
These reports give your dental practice an idea of the total amount that’s owed, which makes it critical to understand what is currently owed and what charges are past due. Monitoring and tracking these reports should be done monthly at a minimum, if not weekly.
If you don’t have a process in place currently, it can be overwhelming depending on the amount of historical data being migrated; however, after initial setup, you’ll find an easier and more efficient means of tracking dental claim billing — from monitoring code and carrier rejections to identifying missing documentations to help speed the entire billing process.
KNOW EXACTLY WHICH PATIENTS TO SCHEDULE
Dental insurance aging reports are able to flag any accounts with a past-due balance, ensuring you don't schedule additional treatments that add to their unpaid balances.
IDENTIFY ALL STATEMENTS THAT GO UNSENT
It's not uncommon for glitches to happen and the patient's statement goes unsent. Get a team dedicated to the details that watches and monitors the last statement date of balances.
OBTAIN UP-TO-DATE ACCOUNT INFORMATION
Keep all of your staff on the same page with aging report details that outline an estimated payment date or an agreed-upon payment amount.
OPTIMIZED ACCOUNTS RECEIVABLE MANAGEMENT
Weekly aging reports are gathered so you never miss vital practice information again.
IT'S TIME TO STAY UP-TO-DATE WITH YOUR DENTAL PRACTICE'S FINANCIAL HEALTH!
WHY ARE DENTAL INSURANCE AGING REPORTS IMPORTANT?
Dental insurance aging reports are important for a variety of reasons.
Important scheduling information
Dental insurance aging reports do a great job of flagging any patients or accounts that have a past due balance of 30 days or more — this can guide your scheduling and prevent future treatments that may add to their unpaid balance.
Catching glitches
Technology has its moments and though it’s accurate most of the time, sometimes errors occur where patient statements aren’t sent out. Dental aging reports have a “last statement date” that can help you identify any hiccups or glitches, so paying attention to this part of the report is important.
Tracking valuable information real-time
The numbers that the dental aging reports provide are vital — they’re able to track current and past due balances, giving you real-time information on each account to ensure that nothing is slipping through the cracks and past due accounts are not going up.
Running an aging report each week is beneficial, as it provides real-time account information that you don’t want to miss!
Creating transparency
The better you know the details of what’s owed to your practice and the accounts that are flagged, you can provide a better patient experience. Reach out to your patient for accounts that are 30 days past due and over, and make sure they’re getting the statements and that there are no miscommunications — sometimes all it takes is a phone call.
Testimonials
We could count on their expertise
"My father was responsible for both managing and coordinating our family dentistry, so when he retired, I was worried we would not keep up with the volume of patients without a software like Dentrix. After I found out about EZ, I noticed we could count on their expertise with dental softwares to deal with all of the patients’ billing demands."
Sarah Jones - Pristine Dental
Thank you so much!
“As the owner of a starting up practice, I was worried about dealing with massive amounts of information from my patients. I was lucky to find EZ Dental because they made my life much easier by taking care of everything in the most careful way possible. Thank you so much for all your good efforts!”
Dr. John Hill - Springwoods Smiles
Helped us increase by more than 25% the volume of new patients every month
“Before closing the deal with EZ, my husband and I would barely have time to enjoy time with each other after opening our practice because we were so busy dealing with all the paperwork. Now, not only we have more time to enjoy our project together, but we are also able to be fully attentive to our patients’ well-being, which helped us increase by more than 25% the volume of new patients every month.”
Dr. Priya DDS - Jackson Dental
With EZ, we all have the time to pursue advanced studies.
“Our management used to be so focused on dealing with so many insurance companies that we did not have time to invest in improving customer service. But with EZ, we all have the time to pursue advanced studies in dentistry and management that we did not have before.”
Oxford Hills Dentistry
I highly recommend EZ Dental Billing
“During the forced closure during the early months of the pandemic, EZ brought our over-60 days insurance aging down from $60,000+ to $2,798. That is a superb achievement. I highly recommend EZ Dental Billing to all colleagues who bill for dental insurance, whether of participating or non-participating status.”
Dr. Rick Wilson - Smile Philadelphian
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