Making Dentistry Affordable for Millions Through Education and Information
- Annual Coding and Claim Submission Manual
- Get Paid System: Reimbursement Made Simple
- Comprehensive Fee Schedule Review
- 60 Minute Consult with Tom Limoli
- Does something bother you about what you and your team have to do?
- Is it the insurance company write-offs?
- Are you wasting valuable resources trying to figure out what the benefit plan is / is not going to pay for?
- What if it’s wrong? Will the patient pay?
- Does the patient want only what the insurance pays for?
Tom Limoli is the prevailing expert on proper coding and administration of dental insurance benefit claims, with over 30 years of experience. Limoli & Associates, LLC has, over the past quarter century, assisted dental offices in streamlining the insurance reimbursement process and ahead of reimbursement trends.
Tom’s no-nonsense approach to the management of third-party reimbursement has been implemented in thousands of dental practices across the United States and Puerto Rico.
The free Resources Area offers a vast selection of additional information to assist you in simplifying and streamlining the challenges associated with all the various forms and formats of dental reimbursement.
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The Basics of Myth-Busting Practice Management
Medical Benefits for Dental Procedures
So tell me, what is the best way to make money in today’s economy? My father, Tom Limoli DDS (1924-2006), jokingly commented that if you wanted loyal patrons at the door each morning as well as disappointed customers when you were closed in the evening – that business was not a dental office but rather a liquor store. As politically incorrect as well as darkly insensitive his self-humorous observations were at the time, he was not far from the truth.
You see, in any type or retail establishment where widgets are marketed and sold, we face two separate and very distinct realities. These are “Cost of Goods Sold” and “Return on Investment.”
If dentistry merely involved the redistribution of previously manufactured widgets, we would have to purchase the widgets for far fewer dollars than would be its price when sold to the end line consumer. In addition, the cost of the actual transaction must include that of the person doing the transaction. Now consider the direct and indirect costs of having the widget available for the customer. All of this must be accounted for and controlled so that the elusive concept of “profit” is not misplaced or overlooked.
In their simplest of terms we must ask ourselves, with COGS and ROI, what does it cost us to do the business of dentistry? Remember, labor is not free. And, the most expensive of all labor is non-billable labor. What am I talking about? I’m talking about your administrative team.
Now let’s examine some of the facts and myths facing the administration of a traditional dental practice. (Read more.)