Is outsourcing dental billing worth it
Outsourcing dental billing can be worth it when the fee replaces time spent on posting, aging and denials, and Teero prices insurance verification, payment posting and working aging claims at 2% of insurance collections with an $800 monthly minimum. It is a weaker fit when the office needs the vendor to submit claims, which Teero leaves with the office, or when monthly insurance collections are low enough that the $800 monthly minimum is the whole price.
Cost against keeping the work in the office
Keeping the work in the office means a salary, plus payroll taxes and benefits, plus training, and coverage when the biller is out. At $30,000 a month in insurance collections, Teero charges $800, because 2% of $30,000 is below the minimum. At $75,000 a month in insurance collections, Teero charges $1,500. At $150,000 a month in insurance collections, Teero charges $3,000.
| Question | In the office | Teero |
|---|---|---|
| What you pay | Keeping the work in the office means a salary, plus payroll taxes and benefits, plus training, and coverage when the biller is out. | 2% of insurance collections, $800 monthly minimum. At $75,000 of collections that is $1,500. |
| What is covered | Whatever the office assigns to its own team | Insurance verification, payment posting and working aging claims |
| Claim submission | Stays with the office | Stays with the office, by design |
| Patient billing (early access) | The office can keep it | quoted per practice, separate from the insurance work |
| Terms | The office sets the employment terms for the person doing the work. | 12-month and month-to-month options available |
The work runs from Austin, TX. Teero is at 106 East 6th Street, Unit 300, Austin, TX 78701, United States. Call 952-209-9945.
The wider price comparison is on what outsourced dental billing costs. A smaller practice can start with revenue cycle management for a small practice. The service is Insurance Posting & Aging.
