All Blogs

How To Increase ROI By Switching To A Paperless Practice

Blog User

Kevin Cook

December 30, 2020 4 min read
How To Increase ROI By Switching To A Paperless Practice

Is the growth of your dental practice slowing down because you are not keeping pace with the rapid technological advancements? Do you still find it challenging to manage the payment collections and insurance management along with providing your patients with the best possible experience? If so, this is the right time for you to switch to a completely paperless practice.

As we know, dental practices have always been dealing with instances where they are forced to use physical records. These include coordinating with suppliers, dental labs, and other service vendors as well as maintaining patient records, schedules, reminders, and calendars.

Paper-based workflows introduce redundancy, creating more overheads and serious cash-flow issues for dental practices. Yet, practices choose not to switch because of the stress associated with introducing change.

Besides smooth transition, modern practice management systems offer integrated solutions that streamline every bit of your practice from third-party coordination to electronic health records, ensuring easy accessibility for all your practice data without the need for any paperwork.

Scaling efficiency with a paperless practice

Benefits of going paperless
Switching to a cloud-based practice management system might seem time-consuming initially as your practice has to get accustomed to automated workflows and processes. But, the time invested in transition will be worthy for the rapid growth of your dental practice.

Modern practice management systems store data on the cloud, that is on dedicated servers with round-the-clock online security and built-in data optimization techniques. With an all-in-one dental software solution assisting you with administrative tasks, you can turn your focus back to productive dental work, thus ensuring a well-spent and effective treatment experience for patients. Let’s see how:

A modern cloud-based dental practice management solution brings significant changes in the following areas:

Patient Information:
  • Patient information and health records are saved in a single, centralized database that enables ease of access to both patients and providers.
Appointments:
  • Online appointment scheduling helps to set customized office hours and allow patients to schedule appointments by themselves.
Billing & Payments:
  • Streamlined insurance billing and collections with a claims control center.
Payment Plans:
  • Credit cards can be stored in the database and can be used for creating recurring payment plans.
Submitting Insurance Claims:
  • Smart eligibility forms that analyze patient data to eliminate the inaccuracies before claims submission.
Treatment Plan:
  • Create personalized treatment plans that patients can read and understand by themselves.
Inventory Tracking:
  • Continuous and intuitive tracking of dental supplies across multiple locations.
Clinical & Charting Notes:
  • Auto-generate clinical notes based on customized treatment plans and ease documentation works.
Patient Statements:
  • Send a friendly, personalized text message to patients with a link to view and pay their invoice.
Patient Communication:
  • Patients can text the practice anytime and thereby reduce the number of calls to the practice.

Benefits of Going Paperless

The benefits of going to an entirely paperless practice include increased efficiency and productivity, lower costs, reduced stress, a more empowered staff, and improved patient experiences.

Making the transition does require investments of time and money, but you can take comfort in knowing many offices have already abandoned paper-based systems successfully. Improved technology and increased access to assistance will make it easier for you to compete in today’s technology-enhanced dental landscape.

Key Takeaways

A modern paperless practice provides:

Get started on your paperless journey with CareStack Enterprise, offering you the easiest way to collect patient information, reduce no-shows, streamline your operations, and increase patient satisfaction.

 

 

Blog User

Kevin Cook

VP, Customer Experience