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The Dental Wealth Nation Show is a dynamic and engaging show hosted by Tim McNeely, a best-selling author and elite wealth manager specializing in helping entrepreneurial dentists reduce taxes, increase impact, and achieve high-value exits. Tim’s extensive knowledge and expertise make him renowned for guiding dentists to build lasting wealth and exit their practices successfully—faster and with less effort than they ever thought possible.
Episodes
Tuesday Aug 01, 2023
Tuesday Aug 01, 2023
Welcome to Dental Wealth Nation, your trusted guide to achieving financial success and delivering exceptional patient care in the dental industry. In our latest episode, "Dental Insurance SOS," we're thrilled to feature Bri Richardson, a renowned dental insurance expert, who will help you navigate the often complex world of dental insurance.
Bri Richardson, with her wealth of experience in assisting doctors with insurance-related challenges, unravels the intricacies of dental insurance in this enlightening episode. She shares invaluable insights on accurately estimating copays, overcoming bureaucratic hurdles, and ensuring prompt payment within 30 days of treatment completion.
Many dentists find themselves grappling with outstanding insurance issues and struggle to handle these effectively. To address this, Bri introduces Dental Insurance SOS, an in-office team training and support system designed to empower your practice to tackle insurance obstacles proactively and prevent future issues.
A highlight of this episode is Bri's foolproof formula for out-of-network doctors to collect payments from insurance companies promptly. This secret could revolutionize the efficiency of your practice!
At Dental Wealth Nation, our mission is to equip you with practical strategies and hidden advice to maximize your net worth and provide the best care for your patients. Our host, Tim McNeely, and esteemed guests like Bri Richardson, offer guidance often undisclosed to most professionals. We encourage you to explore our website, dentalwealthnation.com, for more valuable resources and episodes.
If you're a driven dentist aspiring to build a life of significance while maximizing your net worth, this episode is a must-listen! Get ready to demystify dental insurance and elevate your practice to new heights.
Tune into "Dental Insurance SOS with Bri Richardson" on Dental Wealth Nation to gain access to Bri's proven formula and master insurance-related challenges. Don't forget to subscribe to our podcast for future episodes packed with hidden advice and strategies.
Join us on this journey to a more profitable and fulfilling dental career!
About Bri
Bri Richardson is an expert in the field of healthcare billing and insurance. With her extensive knowledge and experience, she has mastered the art of getting paid within 30 days of completing a treatment. One of her key strategies is accurately estimating co-pays, ensuring that patients and insurance providers are on the same page when it comes to payment expectations. Bri is also well-versed in navigating the complex world of insurance red tape. She guides her team in identifying potential restrictions and denials, such as frequency limitations or missing tooth clauses, to address them proactively during the initial stages of treatment. By doing so, Bri ensures a smoother and more efficient billing process, avoiding delays or issues that may arise later on. With her expertise, Bri helps healthcare professionals and patients alike streamline their payment processes and receive timely and accurate reimbursements.
Discussion Questions:
- What are some common challenges dental offices face when it comes to insurance and collecting co-pays?
- How can following a three-step process for collecting co-pays help dental offices avoid red tape?
- What are some practical steps that dental offices can take to improve their insurance verification process?
- How can proper preparation of claims positively impact a dental practice's bottom line?
- What are some potential consequences of not getting a claim right the first time?
- Why is it important to estimate co-pays accurately and how can this be achieved?
- How can dental offices effectively deal with outstanding accounts receivable?
- What are some key lessons learned from working remotely in the insurance industry?
- Why is it crucial for dental offices to maintain strong IT support and security when working remotely?
- How can dental practices address the issue of money remaining on the AR report instead of being received?
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