In-house Credentialing: Are You Steering or Sinking Your Revenue?

Running a dental practice on its own is enough of a burden. You have to manage everything from a staff who needs his leave urgently to a patient procedure that needs pre-authorization from insurance. Each one of these decisions impacts your revenue generation and amidst all this, if you focus on other things, like the complete process of credentialing … well, here's what it would look like: 

Your administrative burden increases by hours! On phone calls and paperwork and patients and procedures, your personal life is gone for good! 

Compliance becomes a challenge. It is not customary for you, a dental practice manager, to start your day researching the extent and nature of the latest regulations changes every day! But if you don't do so, you run a compliance risk continuously!

Revenue growth will become a distant dream owing to delays and denials impacting your bottom line. These delays need to be reworked and denials need to be appealed .. thus severely impacting your overall practice health! 

Staff overload, due to one person wearing many hats, can lead to patient care being impacted negatively. Your team won't be able to dedicate their time to treating patients, thus impacting your revenue generation capacity. 

Forget about growth, sustaining your practice becomes a challenge at this point! Outsourcing your credentialing will let you focus on your patients, provide care that surpasses your competitors, and thus grow unequivocally. Is there anything else more beneficial than a growing business running smoothly where you (and your staff) only work what your intended field is?