Oral surgery is unique because it is the only medical profession that must file insurance twice: once for medical and then for dental. This leads to a significant delay in the time patient responsibility is determined. As result, oms patient revenue cycle can be like pulling teeth - but it doesn’t have to be.
Many oms groups are finding they can significantly increase their internal efficiency and effectiveness through the use of smart technology. Through simple automation, oms staff are able to save a substantial amount of time (i.e money) while improving their follow-up consistency. By simply increasing the rate of communication in a progressive manor patients are prioritizing and paying their balances sooner.
As a result, less money is spent on follow-up and an estimated 30% fewer patients require costly third party intervention. In my view, this is a win-win-win. The practice realizes an increase in net cash-flow; the staff save time for other areas of productivity; and valuable patient relationships are kept intact.
Josh Shipman is a patient A/R efficiency and Oral Surgery specialist with TSI. Since 2011, Mr. Shipman has focused on the unique revenue cycle challenges faced by oral surgery practices. He has helped accelerate the cash-flow of single location oms practices to the largest in the nation.
TSI: As the nation’s leading provider of technology enabled revenue cycle solutions, TSI has joined AAOMS Services, Inc. (ASI) to bring members of the American Association of Oral and Maxillofacial Surgeons (AAOMS) A/R management solutions that more efficiently and effectively increase cash-flow while reducing cost. Solutions are uniquely compatible with WinOMS and OMSVision to save staff time and increase consistency. TSI solutions-
- Instantly create an automated workflow for outstanding accounts
- Increase cash-flow internally – without percentages or hiring additional staff
- Utilize staff time more efficiently through easy to use tools
- Improve patient satisfaction.
Results show a 30% reduction in the number of patients requiring costly third-party intervention. For more information or to request an informative demo please contact Mr. Shipman via dentaltown InMail or direct email at firstname.lastname@example.org