April 10, 2023
5 Software Products for DSOs and Individual Dental Practices
The latest technology is available to both dental service organizations (DSOs) and individual dental practices alike, even if budget is an issue. In fact, oftentimes, the right software can end up saving you in overhead costs in the long run. This is especially true when a dental practice is transitioned to a DSO to unload the managerial responsibilities that come along with running a business. Here are our top software picks to help your dental practice run more smoothly and efficiently, from the front desk and back office to overall clinical workflows.
Procurement software, such as Method USA, pulls real-time pricing so you can make smarter purchasing decisions. Not only does this cut down on overhead costs, but it will also increase the overall value of your dental practice when it comes time to sell. Look for a platform that is scalable, easy to use and built specifically for both rapidly growing DSOs and independent offices.
Practice management software
Cloud-based management software will save your dental practice time, money and physical space with backup, integration and virtual access capabilities. Simply put, it runs on the internet rather than hosted locally on the computer in your dental practice office for better integration and backup capabilities, in addition to virtual access without taking up physical office space. Dental Intelligence and Jarvis Analytics provide insightful dashboards that allow you to view your practice data in ways that were previously difficult to create.
Dental practice finances can often be divided into two categories: approval rates and practice fees. With all the line items in between, you’ll want to invest in software that offers a customer-friendly experience. Sunbit can get patients a credit check in seconds without the tedious applications that we’re all used to with the incumbents. Be sure to choose the best option, whether you own multiple practices, local practices, or new or established practices.
Artificial intelligence software
When it comes to the dental industry, artificial intelligence (AI) is designed to support dentists, not replace them. It’s not just limited to X-ray interpretation, diagnosis assistance and predictive preventive care but can also be used for non-medical tasks by identifying trends in patient demographics, as well as assisting with charting, operational processes and inventory management. It can even book appointments and communicate with patients directly thanks to chatbots, which can help during times of a hiring crisis. Look to Pearl, Overjet and Denti.AI to see which options best fit your needs.
Insurance verification and quoting software
The often-tedious task of checking patients’ insurance benefits is typically done with a combination of website checks and phone calls. AirPay automates this process for dental practices and instantly calculates patient responsibility. Software-based solutions in this category are much less costly and prone to error than human-based, often-overseas call centers.
The best way to ensure your dental practice is running on top of its game is by going through a complimentary valuation of your business. Contact the experts at Professional Transition Strategies to get the process started.