Dental billing may be a sub-set of the dental industry but it is a massive revenue-making subset and an integral part of the industry as a whole. There are many auxiliary services that play an essential role in streamlining the process of dental billing for both patients and practitioners.
Whether you are a dentist, a dental administrator, or even a patient, it is safe to admit that the process of dental billing can be circular and tiresome. Due to the size and scope of this industry, advancements in computational technology have a direct impact.
Dental billing is a complex procedure involving many variables. Innovative technology such as those recently introduced through AI can pave the way for more efficient procedures involving both billing and coding.
What is Artificial Intelligence (AI)?
The term artificial intelligence refers to the attempts to replicate human thought processes from a machine. When a computer or robot operated by a computer can perform tasks that generally require human knowledge and reasoning, it is known as artificial intelligence (AI).
Artificial intelligence should not be confused with machine learning, the latter is a subset of AI and involves a database that the computer uses to learn behaviors through the identification of patterns.
Here are a few ways in which AI can be employed to improve the common practices involved in dental billing.
Organize and Retrieve Information
Dental billing requires a lot of handling and processing of detailed information. Patient records and insurer correspondence are just two examples of a large amount of data that a dental practice has to process in short periods.
AI systems are designed to reduce human involvement in these tasks to a large extent. With the aid of machine learning, the process of organizing dental records, patient histories, insurance claims and laboratory charts.
The main difference between using regular database software vs. AI-backed software is that the latter does the task of cataloging and categorizing information without human input. AI can read data and create linkages between different databases without those linkages being created.
For example, their dental records, insurance records, and associated reports will be synced and updated by the software for a particular patient. This helps later in information retrieval, such as when a dentist wants to cross-check past reports for a particularly unique case.
Schedule Appointments and Register New Patients
A fantastic advantage of AI-based software is that it brings automation into the process of dental practice management. With advances in AI, dental practices can make the transition into a tech-driven workplace, saving time and reducing costs in the long run.
The more automated the process of scheduling appointments and registering patients, the more streamlined the entire practice becomes. Current iterations of AI-assisted software are still in their rudimentary stages. But the future looks very promising for this next leap in innovation.
Manage Dental Billing Code Verification
Understanding Dental coding is a particularly demanding part of dental practitioners’ daily tasks. There are hundreds of different types of dental codes covering a variety of procedures. Not every dental practice can have skilled and experienced staff to select the correct dental codes every time.
Artificial intelligence can help in this regard. As intuitive as software can be, AI-based software goes a step further. According to IBM, medical coding is a time-consuming task and often results in mental fatigue. AI-assisted medical coding lets the practitioner focus on more critical tasks.
As the software learns more about your practice, the coding becomes even more efficient and accurate over time. The possibilities are quite vast when you match sophisticated technology with real-time data. You will learn more about the trends and patterns in your own practice and improve it immensely.
As with many other positions in the healthcare business, it’s difficult to know what the future holds for medical billing and coding. As the population ages, more people will need medical attention.
There will be more medical record updates and insurance claims to process as a result of the increased demand for these services. Technology developments may not be enough to keep up with the demand for coders’ expertise.
It is clear that medical coders are in great demand as a result of the rise of artificial intelligence in the healthcare industry. Medical coders with substantial professional experience are in high demand in the healthcare industry. The growing usage of electronic tools in the healthcare industry lays down the path for the future of medical billing.
For now, you need a dental billing management service, such as DentalRevu, to help ease the burden of all the many aspects of dental billing that need to be looked after. With Dental Revu, you can be assured that every aspect of your dental billing needs is being looked after.
What’s more? We use the latest in software and database technology to help you collect what you owe and collect it faster. Our team has years of experience in managing the dental billing and coding needs of our clients. Find out how we can partner with you in taking care of your practice.