Modern dentistry goes way beyond patient care. The spectrum of duties has expanded to include employee relations, insurance billing, patient billing, insurance verification, scheduling and production goals, revenue cycle management- the list could go on and on. When the last patient leaves and the day starts to wind down, office staff transition from employee to business owner. Now here is where the vicious cycle begins! A growing list of obstacles can cause payments to be missed. It starts when vendor and lab bills continue to pile up. It ends when insurance claims don’t get paid. On an almost daily basis I hear from providers,“I wish I would have known it was getting bad,” and “I wish I would’ve taken more business training.” It’s heartbreaking to hear that doctors are spread so thin. Outsourcing dental accounting can seem terrifying regardless of the size of your practice. The question then becomes, “What do dental accountants do for my practice?”
The future of dental accounting is knocking at your door
First, it’s time to balance the books, pay the bills, and figure out overhead calculation. But this isn’t dentistry, this is business. “The honest tooth” is that dentists should be spending their time with patients, not staring at spreadsheets. Bookkeeping and accounting can be some of the biggest causes of daily stress. I personally hear from almost all practices that “there must be a better way.”
Meanwhile, the dental industry has improved efficiencies in so many ways, one of those being outsourced support. From labs, office supplies to marketing, I’m never surprised to hear something new that is being rolled out as an industry resource. I spoke to a long-time practitioner recently, and he made a statement that sent shockwaves through me, “I want to digitize everything I can in my practice, that way me and my team can have more predictability and finally get back to focusing on my patients and growing my practice. I’m tired, just tired it all.”
Outsourcing your accounting to cultivate peace of mind
I’m sure that many of us can relate to the sentiment of being “just tired of it all”. Fortunately, eAssist has a broad range of financial solutions in addition to the billing tasks that can hep fuel practice profitability – solutions that can give you operational power back:
- Manage incoming and outgoing transactions
- Customized P&L statement
- ROI and accountability review with the doctor and members of your staff on a monthly basis
Imagine building a department within your practice and employing all the skill sets needed to be fully operational without absorbing additional costs, headaches and management. That’s what’s possible with the eAssist Dental Solutions platform. You can achieve:
- Peace of mind in knowing your finances are managed in respect to your needs
- More time to treat and educate patients on their oral care
- Continuous motivation and productivity for your staff
Outsourcing to the eAssist Dental Accounting and Bookkeeping platform provides your practice with a custom solution to almost any of your financial worries. Expense categorization, add-on EFT reconciliation and bill pay allow you to focus less on the numbers and more on practicing dentistry. Rest easy knowing that ROI is calculated through accountability reports on a weekly and monthly basis, and that you are in the driver’s seat of your cash at all times. Ready to learn more about a personalized dental accounting solution? A Business Development Specialist is waiting to hear about what your practice needs. That’s the honest truth. Schedule a chat conveniently below, or call 844-327-7478. There are is no obligation or contract to sign. Your journey to peace of mind can start today.
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