business of dentistry 2015
TRANSCRIPT
![Page 1: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/1.jpg)
Simplify your business and watch it grow.
![Page 2: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/2.jpg)
$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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/3.jpg)
![Page 4: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/4.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/5.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/6.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/7.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/8.jpg)
creating practice efficiency throughexpert eligibility and benefit verification.
![Page 9: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/9.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/10.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/11.jpg)
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](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/12.jpg)
Integration with Dentrix Enterprise
![Page 13: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/13.jpg)
creating practice efficiency throughexpert eligibility and benefit
verification.
![Page 14: Business of Dentistry 2015](https://reader036.vdocuments.site/reader036/viewer/2022062522/58aa50651a28ab10578b515d/html5/thumbnails/14.jpg)
Want to learn more?
Visit us in the Partner Pavilion!