Tag Archives: claims

Top Five Reasons to Submit Electronic Claims

There are certainly many advantages to sending claims electronically, but many offices just aren’t convinced it’s the right step for them.  Here are five clear advantages to sending claims electronically versus paper.

1)      Save Money.  Believe it or not, even your office that sees “just” 10 dental patients a day can benefit from sending electronic dental claims.  Starting at just 25 cents per claim,* this can cost your office just $2.50 a day, whereas printing and mailing dental claims can cost over $5 a day including stamps and paper.  Multiply this by 20 working days, and you’re saving about $50 a month on just supplies.  Use our savings calculator here to find out exactly what you can save when you factor in labor.

2)      Save Time:  Click, capture and send.  That’s all it takes to send claims through DentalXChange (call us for a free demo!).  If you mail claims, you’re likely spending a few hours a day printing claims and checking errors.

3)      Reduce Errors:  Our state of the art Claim Validation system checks for errors on your claims.  For example, we match claim codes to tooth numbers, so if a code is wrong, we flag it for you.  Your DMD or Activity Snapshot lets you know within 2 minutes of uploading a claim, and you can easily fix the claim on our website.

4)      Real-Time Claim Status:  Do you constantly call insurance to check claim status?  Save time by checking claim status online for most dental insurance companies.  Get up-to-date information with the Real-Time Eligibility and Claim status package.

5)      Paid Faster:  On average, it can take up to 45 days to receive payment if mailing claims, but if you send your claims electronically, payment can be expected in as little as 48 hours for some insurance companies.

We have processed over 15 million dental claims a year and a total of $4 Billion in dental claims since 1989. If you’d like more information on why making the switch to DentalXChange is the right choice for your practice, give us a call at 800-576-6412 x 467.

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We Love Dental Conventions

The whole sales team here at DentalXChange is excited about attending the semi-annual CDA Presents conference this Thursday through Saturday in Anaheim, California.   We had a meeting this morning and heard what cool prizes we are giving…. have you heard about the 42″ LG TV that we are giving away yet?!  We are SO bummed that we aren’t dentists and that we can’t enter to win.  You all can–so make sure you stop by to find out how you can enter.

Giving away this LG 42" TV at CDA

We cannot wait to finally meet the office’s we’ve set up face-to-face, it’s so nice to build these friendships with our offices so we really looking forward to finally meet them in person!!  Definitely be sure to come by and say “Hi!” to your representatives at our booth!  We’ll be at booth #709 in Hall B.

DentalXChange Account Managers Ryan & Sanam and Implementation Coordinator Kara at CDA Presents 2010

This year, like previous years, you can find us “dealing” blackjack–and no, not for money!  Winners will get prizes like t-shirts, key chains, candy (Dentist–please don’t get mad, we’ll tell our winners they should brush!) and discounts on electronic claim submission.

DentalXChange dealing blackjack

We here at DentalXChange are excited, and we can’t wait to meet you all!  Also, if you bring your friends along and they sign up with us, you get a $25 Starbucks gift card for every referral to DentalXChange that stays with us for at least 30 days–that’s enough coffee for most your staff!

Look forward to seeing you all!

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Electronic Dental Claims Reduce Costs & Improve Claim Turnaround Time

We don’t see why you wouldn’t send your claims electronically!  However, according to the American Dental Association, “In 2008, 51 percent of all dental claims were submitted to dental benefits companies electronically and 49 percent of dental claims were submitted on a paper claim form. ”  Since 1989, DentalXChange has helped offices reduce overhead costs and speed up claims processing time by being the solution for sending electronic claims.  Sometimes, even we can’t believe how low our rates are in comparison to paper claims or other clearinghouses!

Benefits of Electronic Dental Claims

We like to make things easier for our dentists.  With reimbursements being low and operating costs skyrocketing, there is no better time than now to go electronic.  The average turnaround time for paper claims is estimated to be around 45 days while electronic claims are processed in 15 days or less on average.

Send Claims with the Click of a Button

We try to help those we meet understand just how much money we can save their practice if they send claims electronically.  Electronic claims help to virtually eliminate paper cost, stamp costs and reducing labor costs, we don’t see why you wouldn’t send your claims electronically!

We spoke to a doctor the other day whose office was using Easy Dental to print and mail his claims to insurance companies.   Having been practicing in the New York area for over 20 years, his practice was really busy and he had a strong patient base— he said that he saw 400 or so patients per month!  He wanted to reduce overhead costs due to the rising cost of dental care and business expenses.  He called in just to find out how much we charged per claim, and was pleasantly surprised.

His office was spending 44 cents per stamp, paying two employees to process claims, and buying paper by the caseload.  He was frustrated with claim rejections and having to resend claims by paper when his staff made an error.  When we told him we would charge him just 25 cents per claim with his Easy Dental Software* and catch errors with our Validation Process he was amazed at how much money that would save his practice!

We directed him to the Claim Calculator  on our website to find out his annual savings and he was impressed with the savings, and scheduled the appointment to sign up.

How much does a paper claim really cost?

Overall, a paper claim costs an office more than just the 44 cent stamp; it can cost an office anywhere from 70 cents – $1.80 per claim when factoring in labor, paper , envelope  and ink/toner costs!

We’ve saved this dentist and many others like him thousand of dollars a year on electronic claims, and hope we can save you the same.  Click here to read some of testimonials.    Give us a call today to see how we can save your practice money at 800-576-6412 x 467, or fill out a request for information here and one of our representatives will contact you within 1 business day.

Has DentalXChange saved you money on claims?  Share your stories in the comments section!

*rates dependent on Practice Management Software–please call for your per claim rate!

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