Products

The CYA On Cures Act Violations For DSOs

07/04/2024
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2 min.' to read

With fines up to $1,000,000* new legislation introduces new requirements for DSOs

Today’s patients expect quick and easy access to everything. With new legislation dental practices are now finding themselves in the crosshairs of noncompliance due to the harsh combination of high patient expectations and lack of data accessibility in dentistry.

The Stark Reality of Non-Compliance

As patients become more informed and assertive about their healthcare rights, DSOs find themselves under increasing risk as requests for records are on the rise. HIPAA and The 21st Century Cures Act stipulate that healthcare providers provide access to electronic health information (EHI) securely through a mobile application without delay when requested.

Failure to comply can result in hefty fines of up to $1,000,000* per single violation, including being put on a “corrective action plan”—a major setback for any group. Most practice software has been built from the ground up to make information input easy, but tedious, if not impossible to access (let alone share with others), putting you at risk.

Thankfully a dentist and software entrepreneur, Dr. Bryan Laskin, saw the impending issue coming and has worked with the ADA and leaders at several large DSOs to create an easy solution.

The Toothapps Solution

Enter Toothapps Patient App, an innovative platform designed to bridge the gap between patient data demands and regulatory compliance. Toothapps provides a comprehensive, low-cost, turnkey solution that ensures dental practices can meet the high standards set by the Cures Act.

Key Benefits:

1. Compliance: Patients can view records (once approved by your practice) securely and digitally on their mobile device.
2. Connection: Patients can pay bills, securely chat with your office, request an appointment, complete forms, view radiographs, confirm appointments, and more. (View a demo at www.toothapps.com/lead)
3. Convenience: Once installed the Patient App syncs with your existing systems, saving your team time and keeping offices in control of data requests, emergency care and virtual consultations with ease.

To get a demo or learn more, visit Toothapps.com/LEAD

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Leveraging Contingent Labor for Sustained DSO Growth

07/05/2024
|
8 min.' to read

Think beyond “quick fix” staffing to improve long-term recruitment, retention, and patient access to care.

Traditional temporary staffing solutions may fill a short-term need—but a consistent, contingent labor workforce can maximize capacity for existing operatories, flex to address evolving patient needs, and encourage long-term resilience and growth.

Acquisition, new builds, and capacity expansion: What’s the most strategic growth option for DSOs?
In the rapidly evolving landscape of dental care, dental service organization (DSO) leaders are confronted with a critical dilemma: how to most effectively grow revenue while mitigating risk. Should they acquire existing practices through due diligence, accurate valuation, and successful integration of leadership and staff? Should they invest time and money into new build-outs— which require capital-intensive site selection, construction, permitting, and hiring of new staff?

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Equity Simplified

06/29/2024
|
5 min.' to read

Boost Dentist Engagement and Practice Value
Equity is a powerful tool for DSOs to attract and retain clinical talent. But it will only incentivize dentists if they understand it. All too often, they don’t, and as a result they leave or underperform.

Financial jargon, complex spreadsheets, PDFs loaded with fine print. Equity management at dental organizations has never been easy. The founders of Pulse Equity recognized the gap and decided to do something about it. They soon realized how powerful a clear view of ownership is—not only for management but every unitholder.

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Revolutionizing RCM

07/02/2024
|
5 min.' to read

Vyne Dental’s Game-Changing Impact on Dental Practices

All it takes is one patient encounter to illuminate broader challenges within the dental industry. For Steve Roberts, CEO of Vyne, this pivotal moment came early in his career when a 22-year-old man walked through the doors of a dental clinic he was working in. The man was seeking dentures despite his young age. His family history painted a picture of generational reliance on dentures, a trajectory he seemed resigned to uphold and ready to accept.

But good news was in store: This patient would not need to live the rest of his life with dentures. Instead, he could receive therapy to treat his periodontal disease.

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