Dentistries have steadily increased in number in the United States in recent years. One of the main drivers of the market's expansion is the growing public awareness of oral health. 43.3% of Americans as of 2021 reported seeing the dentist in the previous 12 months. The market might expand at a compound annual growth rate (CAGR) of 6.8% from USD 136.56 billion in 2023 to USD 216.33 billion by 2030.
Dental treatments have more complicated insurance claims and codes than medical billing. If you lack the necessary expertise, it is better to outsource your dental practice to dental billing companies to manage the process profitably. Expert billing services are more likely to code processes correctly, submit error-free claims, and immediately follow up on rejections and denials.
Here is a list of the five best dental billing companies that can reduce the number of claim denials and payment delays.
Top 5 Dental Billing Companies in the USA in 2024
Dental practices have numerous responsibilities and tasks to manage daily. Outsourcing their billing operations to specialized dental billing companies can relieve some of this burden, allowing them to focus on patient care while the experts handle billing, insurance claims, and collections.
Dental billing outsourcing involves dental practices delegating their billing and insurance claims management to specialized third-party providers. These external companies specialize in handling dental billing tasks, ensuring that claims are submitted accurately and promptly, checking payments, and conducting follow-ups with insurance companies.
The following is the list of the top 5 dental billing companies in the USA that you should consider hiring.
MediBill MD
The most recent entrant in the industry, MediBill MD, headquartered in Dallas, Texas, established its service in 2023. Dental practitioners and practices may obtain dental billing services from MediBill MD, an emerging player, experiencing exponential growth due to their highly competitive pricing. Their experience in healthcare IT and medical billing allows them to offer customized billing solutions that suit the requirements of healthcare organizations.
MediBill MD offers end-to-end billing services to cater to your dental clinic's specific medical billing requirements. Their services include medical credentialing, insurance verification, medical coding, claim filing, payment posting, denial management, AR recovery services, and reimbursement analysis.
However, all services are offered at a fraction of the costs, charged by most billing companies. If you plan to outsource medical billing services to a reputable dental billing company, MediBill MD is one of the most affordable options.
eAssist Dental Solutions
eAssist is the leading dental billing company in the nation. To minimize the burden on other dentists and office staff, Dr. Anderson established eAssist in 2011 with the help of co-founder and office manager Sandy Odle.
They are known for offering dependable, high-quality service, and their skilled staff members are versed in dental billing and coding. Their services are Dental and Billing, consistent cash flow including daily claim submissions, fewer rejections, timely appeals, and a steady focus on aging, Accounting, and Bookkeeping.
eAssist may offer your general or specialty dentistry practice full front-office support in addition to, other time-saving, revenue-generating options. It provides the finest remote dental billing to help your dental practice. The eAssist offers full front-office support to your general or specialty dentistry practices.
Dental Claim Support (DCS)
Dental Claim Support was formed by three co-founders in 2012 because dental billing companies were losing millions of dollars to insurance companies. The company's founders established a remote organizational structure with professionals in billing, sales, marketing, IT, and operations. They created a national staff of remote billers to increase their ability to service dental groups and practices all around the country.
The services they provide include credentialing, insurance verification, dentistry, and oral surgery billing, creating invoices, and other specific tasks. In addition to handling insurance checks and EFTs, DCS Dental Billing Outsourcing also tackles errors, such as missing data or personal information, fixes AR, and, last but not least, handles refused claims.
They have a fantastic group of knowledgeable and qualified billing specialists who use the newest equipment and software. Their software for medical billing ensures that they always deliver top-notch services in the shortest time possible.
Essential Dental Services
Essential Dental Services (EDS) is based in Boston, Massachusetts, and launched in 2012. It is a well-known firm possessing skilled dental managers. EDS has grown into a nationwide provider with multiple offices of complete dental revenue cycle management services.
The company aims to help nearby companies with insurance claim support, drawing on her background as a practice administrator for dental facilities.
Essential Dental Solutions specializes in comprehensive dental billing to optimize practice revenue. The company has the best hiring standard among other dental billing companies. Its highly skilled staff possesses eight years of experience in Dental Billing Insurance, Patient Billing, Orthodontic Billing, Insurance Verification, Digital Resources, and Specialty Projects.
The company offers other key features such as customized billing workflows, insurance management aging reports, fee schedule analysis, and compliance monitoring.
The best thing about an essential dental company is that it listens to client's problems and then provides solutions accordingly.
Medusind
Medusind is a leading provider of dental billing companies and a dental RCM firm. Medusind was founded in 2002 by the current CEO, and it has its headquarters in Miami, Florida.
Medusind delivers end-to-end revenue cycle management solutions for dentistry clinics. Their unique combination of deep industry expertise, robust operational capability, and client-focused service significantly improves the efficiency and profitability of healthcare organizations. They have simplified invoicing by offering a range of virtual dental support alternatives.
Their highly experienced personnel, cutting-edge platform, and forward-thinking approach allow them to deliver effective solutions for credentialing, account managing, receivable Follow-ups, accounts cleaning, payments, denial management, fee schedule maintenance, and Accounts Payables while staying ahead of healthcare industry changes.
The best thing about their service is that they work great with all kinds of software and tools used for dental billing outsourcing. They provide tons of dental virtual support solutions, making billing easier.
How to Choose the Best Dental Billing Company in the USA?
A dental billing company can greatly enhance the transparency and efficiency of your financial operations. Following is a comprehensive guide on things to consider before choosing the best dental billing company.
Finding Dental Billing Companies that fit your demands and budget is the first step. Look for businesses that have provided dental billing services before and have prior experience. Learn about their services and reputation in dentistry by reading reviews and visiting their websites. Verify their credentials and denial rate to ensure the business you are considering complies with HIPAA regulations, applies medical coding standards, and has the extraordinary expertise and training required in dental medical billing. Enquire about the technological infrastructure and security protocols of prospective employers.
Finally, search for dental billing companies in the USA that provide transparent pricing with no hidden fees. Compare rates across different providers and ensure that the services offered align with the price you’re paying.