| |
Paper Claims |
Electronic Claims |
Forms |
$.04 |
--- |
Envelopes
(regular #10) |
$.04 |
--- |
Postage |
$.42 |
--- |
Labor |
$.60 |
Processing
costs: |
Printer
Costs |
$.07 |
$.45-$.50 |
Total |
$1.17 |
$.45-$.50 |
Electronic claim submission
saves you $.64-$.69 per claim!
Other time and money benefits
include:
-
provides rapid notification of
claim receipt, status, and payment
-
reduces
claim rejection and the "back
and forth" correspondence between payers
and providers
-
eliminates mail delay and receives
priority processing at Delta Dental
-
improves cash flow
-
maximizes your computer's capabilities
Improves cash flow
Your electronic claims reach Delta Dental within
24 hours. Paper claims must be mailed, opened,
sorted, imaged and indexed before being processed.
Electronic claims are processed in half the time
of paper claims. In addition, any electronic
claim that pends for additional information is
given priority processing by our dedicated ECS
Unit.
Lowers outstanding receivables
Within the same period of time, Delta Dental will
receive and process more of the claims you submit
electronically than claims you submit on paper.
This means youll receive payment on your
electronic claims sooner than your paper claims,
lowering your outstanding receivables.
As an example, you treat a patient on Wednesday.
The claim is generated electronically that evening
from data you already entered in your computer,
and Delta Dental receives it Thursday. The claim
processes electronically and the check is issued.
Your accounts receivables decrease.
Or, you treat a patient on Wednesday. The claim
is generated on paper either by hand or from your
computer. You mail it Thursday. Delta Dental receives
it Monday and then opens, sorts, images and indexes
it. Then a data entry operator keys in additional
data to process it. Your accounts receivables grow.
Provides rapid notification of claim receipt,
status, and payment
Delta Dental and the clearinghouses send
you timely reports indicating what claims were
received and accepted or rejected, giving you control
over your claim submission and billing and the
opportunity to respond immediately. Electronic
claims are also subject to automated error checking,
which results in fewer rejected claims and the "back
and forth" mailing associated with paper claims.
Reduces clerical efforts and paperwork
Electronic claims are processed in half the time
of paper claims. Your staff doesnt have
to maintain an elaborate paper claim follow up
or tracking system because with electronic claim
submission you receive comprehensive, timely
reports that do the work for you. Your staff
is free to handle other important tasks, such
as making recall appointments and conducting
patient follow ups. Productivity increases.
Eliminates cost for postage, envelopes and
forms
Compute the "hard" costs of paper, envelopes,
stamps and office supplies. Now add the "soft"
costs - the salary you pay your staff and the time
they spend on generating and tracking paper claims.
Compare this to the cost to submit electronic claims
and youll see why thousands of dental offices
are submitting their claims electronically.
Reduces staff time spent on follow-up and tracking
Knowing which claims are outstanding is easy! Most
vendors provide reports that tell you the status
of your electronic claims submission - which
claims were received, accepted, rejected, and
/or are past due. Your staff no longer has to
spend hours handwriting paper claim
forms; hold up claim submission in order
to obtain patient signatures; or produce and
maintain paper follow up files. Your electronic
claim forms are on their way to Delta Dental
almost immediately after you treat your patients,
relieving your staff of the cumbersome paper
claim follow up and tracking system and allowing
them to be more productive in other ways.