From insurance reimbursement rates to a new private equity firm focused on orthodontists and pediatric dentists, here are five dental payer updates to know that Becker's has covered since Aug. 17:
Revenue Cycle Management
Insurance reimbursement rates have remained stagnant for dentists this year despite rising operating costs, according to an August poll by the American Dental Association's Health Policy Institute.
A private equity firm focused on orthodontists and pediatric dentists launched Sept. 1.
Dental Wealth Advisors, a wealth management firm, will join Buckingham Strategic Wealth, an investment adviser.
The dreaded “i” word, inflation, isn’t just throwing consumers for a loop—it’s also seriously impacting the profitability of dental practices.
Advertisement
Eight states have passed laws regarding dental provider network leasing, virtual credit cards and noncovered services in 2022.
Inflation, supply chain disruptions and low reimbursement rates are among the top challenges affecting the economic success of dental practices in the U.S.
CMS is proposing to expand what dental services are considered medically necessary for Medicare coverage as part of its proposed Calendar Year 2023 Physician Fee Schedule, Bloomberg Law reported Aug. 17.
Bento secured $8.1 million in series A funding and two more dental payer stories Becker's has reported on since July 18:
NovoDynamics will integrate its artificial intelligence-powered insurance claim platform into Vyne Dental's payer services portfolio as part of a partnership between the two companies.