CareStack has partnered with Overjet, the world leader in dental AI, to introduce the 

—a comprehensive solution designed to enhance patient care, streamline operations, and drive business growth for dental practices and DSOs.

 integrates six cutting-edge capabilities:

 – A complete dental practice management solution.

 – AI-enhanced dental imaging for improved diagnostics.

 – FDA-cleared AI for automated detection and quantification.

 – Enterprise VoIP with real-time transcription, call tracking, and marketing attribution.

 – Automated insurance verification, claims processing, and payment solutions.

 – Centralized reporting across PMS, payroll, marketing, phone, and procurement systems.

“Dentists shouldn’t have to piece together multiple solutions,” said 

. “With Overjet, we’re delivering a unified platform that simplifies operations and enhances patient care.”

, emphasized their shared vision: “This platform sets a new standard for dental care, making AI-driven insights easily accessible for providers and improving patient outcomes.”

, the Smart Dental Platform will seamlessly integrate Overjet’s AI-powered analysis into CareStack’s cloud-based imaging suite, improving diagnostics and case acceptance.

CareStack and Overjet Introduce First-Of-Its-Kind Smart Dental Platform

In the ever-changing landscape of dentistry, dental professionals must stay ahead of the advancement curve in terms of development, growth, and hiring. Therefore, it is important to have a well-qualified team that minimizes overhead costs without reducing the profit of the practice.

Amidst the economic uncertainties of the pandemic, many 

 have found a solution to cutting costs and optimizing operations through outsourcing their revenue cycle management.

Outsourcing improves profits by up to 10 per cent in net collections, boosting team morale.

Keeping this context in mind, let’s examine the benefits of dental billing outsourcing and how it can benefit your practice management team.

Understanding the needs of your dental practice, such as “Should I outsource my 

 operations?” is a question that more and more dentists and practice owners are asking themselves. The answer often varies and is generally dependent on these three crucial factors.

Understand the Needs of Your Dental Practice

Assessing the needs of your dental practice is determined by the volume of tasks, billing workload, and requirements for scalability.

Choosing a service that specializes in your area can ensure compliance with specific coding and billing practices. Some practices may only need help with specific aspects of billing, such as coding or claims follow-up, while others may want to offload billing tasks completely.

Reduce overhead costs associated with hiring, training, and maintaining an in-house 

 team. Therefore, staying updated with regulatory changes while ensuring that your practice benefits from advanced tools without the need for continuous investment.

Understanding the needs of your dental practice

 pipeline has on your revenue cycle, we must first consider the various 

 that your practice is currently incurring.

Benefits and employer fee, Clearinghouse fee, Statement fee, Direct claim costs,Hourly wages.

Claim rejections, denials, reduction in cash flow, and bad debts.The second consideration would be the safety of your patients’ data on outsourcing. This is crucial, and the outsourcing team should comply with the Health Insurance Portability and Accountability Act HIPAA regulations.

Choosing the RCM Outsourcing Service type you need

A proper solution needs to be selected and implemented depending on your practice's billing requirements. Let's examine the two major types of outsourcing among the variety of 

 as the name suggests, outsources all of your billing tasks, including claim and denial management, to a team of experts. Most outsourcing firms offer this service, but it requires an in-house team at the service location to coordinate and handle processes such as patient registration and credentialing.

 delivers the whole package. It is when you hand over almost the entirety of your revenue cycle to an RCM team. These 

 involve the provision of software or technology tools that work in tandem with a team of experts. They cover almost every aspect of the billing cycle and may even provide practice consultation.

 doesn't necessarily mean the team should be disbanded; instead, they can be delegated to contribute more to other projects. An example would be creating a financial counselor or finance trainer so your patients can better understand benefits and other claim-related concepts within the 

CareStack offers CareRevenue RCM Solutions

, a fullstack outsourcing collusion that offers eligibility and benefit verification, dental claims billing, receivables and denial management, payment posting and reconciliation, and medical billing for dental procedures. The service is designed to ensure that dental RCM processes in an office are optimized, while driving efficiency and profitability. Customers have reduced their day sales outstanding by upto 50% after they started using CareRevenue.

Learn how we can help you reduce claim rejections and denials.

Book a demo with us!

Ishtiaq Rouf

Dental billing outsourcing: Advantages Versus Disadvantages.

 increases profitability, let us examine its advantages and disadvantages:

Reduces opportunities for internal fraud and embezzlement

Facilitates increased focus on patient care

Reduces the control of the practice in the billing process

Leads to existing billing staff being reassigned to other departments.

We have to factor in real-world metrics, which provide an estimate of the actual 

 in outsourcing. These are the First Pass Acceptance Rate, Days in Accounts Receivable, and Net Collection Rate.

FPAR is the number of claims accepted for processing by the payor on their first submission. It is calculated as a percentage of claims accepted by the payor to the total number of claims filed. This Key Performance Indicator KPI shows how efficient your revenue cycle is. In an ideal scenario, FPAR is above 95 percent at all times.

Days in Accounts Receivable is the average time it takes to receive payment for a service. Ideally, the Days in A/R should be under 50 days. To post a profit, it needs to be below 30 days.

The NCR gives an insight into the total gain or loss of collection in your revenue cycle. It indicates the amount due from payers and patients collected after contractual adjustments. The Net Collection Rate is the percentage difference between the total charges and the payor-disallowed amount to the total payments.

Dental Depot CaseStudy

Dr. Himesh Kana, DDS

Himesh Kana

one of the best dental management software

 can alleviate all your troubles related to billing and managing your administrative duties.

Dental Billing Outsourcing Can Boost Your Practice's Profitability

How Dental Billing Outsourcing Can Boost Your Practice's Profitability

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