Enter Those Fee Schedules!

One of the best tools to use in managing insurance participation is to be sure you have entered the insurance fee schedules in your practice management software. This allows your software to track write-offs according to each insurance company and gives your office the ability to crunch numbers quickly and efficiently. Many offices do not have individual fee schedules entered, or if they do, they are outdated. It’s time consuming to enter each fee schedule but once the work is done you can make much better decisions about continued insurance participation. Regardless of which dental software you use, a quick call to customer service should provide guidance on how to get them entered. Knowing the gap between each fee schedule and your full fee is the biggest step in knowing where your production dollars are going!