FinCEN Reporting for Endodontic Practices
Did you know as an Endodontic Practice Owner of an LLC or corporation, you are required to report your Beneficial Ownership Information to FinCEN by the end of the year to avoid severe penalties. If you didn’t, it’s understandable because this is a brand new regulation taking many business owners by surprise especially due to […]
Lead Like a Pro: 4 Essential Skills for Endodontic Practice Managers
In a steadily evolving dental practice, strong leadership and communication is the linchpin that holds the team and operations together. For practice managers, the role goes beyond administrative tasks; it involves inspiring the team, ensuring patient satisfaction, and steering the practice towards growth and success. Here are four essential leadership skills every dental practice manager […]
5 Steps to Endodontics Software Migration
Change in your Endodontic Practice is inevitable, especially when it comes responding to industry pressures like the need for higher HIPAA security to protect patient data from malicious ransomware attacks. Yet when it comes to migrating to new software, it can be a formidable challenge. The stakes are high— it can disrupt patient care, affect […]
Mastering Insurance EFTs for Faster and Efficient Payments
In the world of endodontic practice management, streamlining the revenue cycle and ensuring prompt payments from insurance companies is a vital company of your practice’s success. One powerful method to expedite and improve the collections process is utilizing Electronic Funds Transfers (EFTs), a secure and efficient method of receiving insurance payments directly into your bank […]
4 Steps to Maximize Collections in Your Endodontic Practice
Managing your collections and accounts receivables in an Endodontic practice requires precision, particularly when throwing insurance claims into the process. Collections is the total payments received for services rendered, while Accounts receivable (AR) is the balance of money still due to your practice for services rendered. If your practice files insurance on behalf of your patients and processes insurance […]
Protect your Endodontic Practice against Ransomware
Safeguarding patient data against ransomware threats is essential for every Endodontic Practice, not just for data protection but also to minimize financial and legal liabilities. Implementing deliberate measures to shield your practice from ransomware is non-negotiable in today’s digital landscape, but it can feel overwhelming to business practice owners struggling for the time to keep […]
Choose the Best Practice Management Software for Your Endodontic Practice
Choosing the best practice management software for your Endodontic Practice is far more than just a cost consideration. It could make or break your ability to mitigate potential HIPAA risks, and empower your practice with the tool to stay flexible to the modern demands of Endodontics. Good: Server-Based Software Server-based software relies on a local server […]