
The Dental Billing Podcast
Stop Treating Patient Credits Like Free Money
Credit balances look harmless on a ledger, but they represent money we owe to patients or payers and they can turn into a major risk if we ignore them. We break down how to audit credits correctly, avoid accidental giveaways, and stay compliant with refund rules and unclaimed property laws. • Defining a credit balance as a liability rather than revenue • Separating the credit balance report from accounts receivable for a true picture of risk • Auditing one account step by step using the family ledger, the first negative transaction, and EOB comparisons • Why we never refund directly from the report without verifying the cause • The six common credit types and the correct action for each • Handling Medicaid and Medicare overpayments with urgency and documentation • Managing prepayments and deposits by linking them to treatment plans • Using due diligence letters, dormancy rules and state reporting for unclaimed property • Reducing audit risk and preventing practice sale delays with clean records • Building a monthly workflow, assigning ownership and tracking ageing and totals Share this one with your office manager and your CPA & always seek legal advice regarding your states laws regarding unclaimed property and credit management. Send us Fan Mail Registration Link for Diagnosis Codes on a Dental Claim Form Webinar: https://dentiqhub-diagnosis-codes.vercel.app/ Get your Dental Billing Toolkit Here: https://www.dentalbillingdoneright.com/the-dental-billing-toolkit Download "The Most Underused Codes in Dentistry - And How to Get Them Paid" checklist here: https://docs.google.com/forms/d/e/1FAIpQLSfxnnfSlNd0NPhMoBWq-1D_xU5R8LS4xPhHNKIjfLQwStOUag/viewform?usp=header Schedule a billing chat with Ericka: https://calendly.com/ericka-dentalbillingdoneright/30min Email Ericka: ericka@dentalbillingdoneright.com Email Jen: jen@dentalbillingdoneright.com

