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		<title>From dental billing to observe transitions: Studying alternatives with CDA Endorsed Companies in San Francisco Sept. 9-11</title>
		<link>https://losgatosnewsandevents.com/from-dental-billing-to-observe-transitions-studying-alternatives-with-cda-endorsed-companies-in-san-francisco-sept-9-11/</link>
					<comments>https://losgatosnewsandevents.com/from-dental-billing-to-observe-transitions-studying-alternatives-with-cda-endorsed-companies-in-san-francisco-sept-9-11/#respond</comments>
		
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		<pubDate>Tue, 07 Sep 2021 16:07:00 +0000</pubDate>
				<category><![CDATA[Home services]]></category>
		<category><![CDATA[billing]]></category>
		<category><![CDATA[CDA]]></category>
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		<category><![CDATA[transitions]]></category>
		<guid isPermaLink="false">https://losgatosnewsandevents.com/?p=11133</guid>

					<description><![CDATA[<p>CDA members not only offer exclusive savings on products and services to support their day-to-day business, but also training courses and other learning opportunities on finance, human resources, dental billing and other topics. For example, over the past two months, WEO Media has hosted a webinar to help dentists align their websites with the Americans &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/from-dental-billing-to-observe-transitions-studying-alternatives-with-cda-endorsed-companies-in-san-francisco-sept-9-11/">From dental billing to observe transitions: Studying alternatives with CDA Endorsed Companies in San Francisco Sept. 9-11</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p>CDA members not only offer exclusive savings on products and services to support their day-to-day business, but also training courses and other learning opportunities on finance, human resources, dental billing and other topics.</p>
<p>For example, over the past two months, WEO Media has hosted a webinar to help dentists align their websites with the Americans with Disabilities Act, while Bank of America and CDA jointly hosted a webinar for associate dentists who are concerned about it ponder whether a practice owned is right for them.  These courses were available to members through CDA&#8217;s online learning platform.</p>
<p>Now CDA&#8217;s Endorsed Services are coming to CDA Presents in San Francisco from September 9th to 11th.  All will be on site in the Moscone Center exhibition hall, and some will be presenting courses.  Unless otherwise stated, all courses take place in The Spot, the open educational theater at booth 1212.</p>
<p>Here is a preview of the courses presented by CDA&#8217;s Endorsed Services.</p>
<h2>&#8216;Trends in Dental Billing in 2021&#8217; presented by Consentus Business Services</h2>
<p>Thursday, September 9, 11 a.m.-12 p.m.<br />
Speakers: Gwyn Bogue, Krysten Garduno <br />
1 unit CE</p>
<p>COVID-19 has impacted the dental landscape for the past year and a half, which in turn has changed internal billing practices.  Consentus Business Services revenue cycle management experts will discuss how the dental team can adapt and overcome these billing challenges and use coding and software to increase production.  Participants will understand dental and medical cross-coding and learn how to improve the patient and teledental experience. </p>
<h2>California Dental Practice Act presented by HR for Health</h2>
<p>Friday, September 10th, 8-10 a.m. and again 1 p.m.-1 p.m.<br />
Saturday, September 11th, 8-10 a.m.<br />
Speaker: Ali Oromchian, JD<br />
2 CE units</p>
<p>The California Dental Practice Act contains the basic laws for dentistry (Business &#038; Professions Code 1600).  California law requires every dentist to familiarize himself with this constitution, along with appropriate portions of the California Code of Regulations and other selected California laws.  Ali Oromchian will explain the legal roles and responsibilities of dentists and dental assistants and the laws governing dental professional licenses.</p>
<h2>&#8216;Advanced Marketing Strategies for Accelerating Practice Growth&#8217; presented by WEO Media</h2>
<p>Friday, September 10th, 1 p.m.<br />
Speaker: Cory Roletto, MBA</p>
<p>Existing and newly established dental practices learn to create a comprehensive marketing strategy that follows the latest changes and trends in online marketing.  Participants learn which key elements they implement in their marketing strategy and how they can measure their success.  Speaker Cory Roletto will also talk about changes in website optimization, social media and Google&#8217;s algorithm that can be used to optimize the practice website and generate new patients.</p>
<h2>&#8216;The Path to Ownership&#8217; &#8211; 2-part course presented by Bank of America</h2>
<p>Thursday, September 10th, self-study <br />
Speaker: Katie Fornelli, Jason Tyson</p>
<p>Can I take out a loan?  Is now the right time to buy?  Am I ready to be a leader and how do I deal with patients?  Associate dentists wondering if practice ownership is the right move for them or if the practice they are looking to buy is the right one, get in touch with this two-part webinar hosted by the CDA and Bank of.  will be presented together, answers to these and other questions America practical solutions.  Participants will learn about the loan approval process and how to prepare for it, the importance of a business plan, and more.</p>
<h2>“Preparation for a transition to practice” &#8211; by several speakers</h2>
<p>Thursday, September 9th, 9 am-12pm<br />
Speakers: Katie Fornelli, Ali Oromchian, JD, LLM, Cory Roletto, MBA, Tiffany Maly, Brett LeMmon, CPA<br />
Room 159<br />
2 CE units</p>
<p>This workshop covers all elements of a practice transition, whether or not dentists are considering hiring a staff member, gaining a partner, selling their practice, or otherwise preparing for the transition of their practice ownership.  Participants learn from five industry experts including a lawyer, accountant, and others who specialize in marketing, employment, practice management, finance, and dental billing.</p>
<h2>The seating will take social distancing into account</h2>
<p>Seating will be set up to allow social distancing as part of the COVID-19 safety protocols in place at Congress, which means space is limited.  Prior registration is required for all courses at CDA Presents, including lectures at The Spot.</p>
<h2>Find CDA Endorsed Services in the exhibition hall</h2>
<p>At company booths in the exhibition hall in the Moscone Center, dentists and their teams can learn more about CDA&#8217;s recommended services, see product and service demonstrations, and ask questions.  You can find them here:</p>
<p>• Bank of America Practice Solutions &#8211; Booth 710<br />
• CareCredit &#8211; Stand 721<br />
• Cosentus &#8211; booth 709<br />
• eAssist Dental Solutions &#8211; booth 715<br />
• HR for health &#8211; booth 717<br />
• WEO media &#8211; booth 713 </p>
<p>Find out more about all of the CDA recommended services.  Learn more about or register for CDA Presents. </p>
<p>The post <a href="https://losgatosnewsandevents.com/from-dental-billing-to-observe-transitions-studying-alternatives-with-cda-endorsed-companies-in-san-francisco-sept-9-11/">From dental billing to observe transitions: Studying alternatives with CDA Endorsed Companies in San Francisco Sept. 9-11</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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		<title>Medical billing startup Cedar to amass Ooda Well being for $425M, shifting into insurance coverage market</title>
		<link>https://losgatosnewsandevents.com/medical-billing-startup-cedar-to-amass-ooda-well-being-for-425m-shifting-into-insurance-coverage-market/</link>
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		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 18 May 2021 18:12:51 +0000</pubDate>
				<category><![CDATA[Moving]]></category>
		<category><![CDATA[425M]]></category>
		<category><![CDATA[Acquire]]></category>
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		<category><![CDATA[Cedar]]></category>
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		<category><![CDATA[Startup]]></category>
		<guid isPermaLink="false">https://losgatosnewsandevents.com/?p=5306</guid>

					<description><![CDATA[<p>Diving letter: Medical billing startup Cedar is acquiring health tech company Ooda Health for $ 425 million in a mixture of cash and equity, thereby entering the insurance market for the first time. Cedar, based in San Francisco, works in the complex billing process between patients and providers and can now also integrate insurance bills &#8230;</p>
<p>The post <a href="https://losgatosnewsandevents.com/medical-billing-startup-cedar-to-amass-ooda-well-being-for-425m-shifting-into-insurance-coverage-market/">Medical billing startup Cedar to amass Ooda Well being for $425M, shifting into insurance coverage market</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<h3>Diving letter:</h3>
<ul>
<li>Medical billing startup Cedar is acquiring health tech company Ooda Health for $ 425 million in a mixture of cash and equity, thereby entering the insurance market for the first time.</li>
<li>Cedar, based in San Francisco, works in the complex billing process between patients and providers and can now also integrate insurance bills into its platform.</li>
<li>The move is intended to help the fintech player expand its products to focus on new functionality built into both the payers and providers, Cedar said, and to more automate the billing workflow.  The transaction is expected to close this month, subject to required regulatory approvals.</li>
</ul>
<h3>Dive Insight:</h3>
<p>Medical costs in the US have skyrocketed for years, causing more patients to go through a fragmented and complex billing process that is slightly confusing at best and a direct detriment to their financial health at worst.  One in ten US consumers says they won&#8217;t pay their bills if they don&#8217;t understand the administrative process.  This comes from a 2020 study that Forrester Consulting conducted on behalf of Cedar.</p>
<p>Streamlining the payment process can then make consumers more likely to pay their bills, which can reduce administrative burdens for payers and providers and contain rising costs.  According to studies, administrative costs account for between 8% and 25% of all national health expenditure.</p>
<p>These high costs could be reduced if the numerous routine transactions were digitized, according to a McKinsey report from 2019.</p>
<p>This is a major destination for healthcare fintech startups like Cedar.  With the acquisition of Ooda, Cedar will bring both the provider and payer side of the billing process into its payment platform, which is currently used by more than 12 million patients annually to pay a pending bill, review their insurance, or review their copayment before a doctor&#8217;s visit.</p>
<p>Ooda enables consumers to receive a single statement from their payer, which includes deductibles and various payment options, rather than a few records of performance, itemized invoices and other documentation.</p>
<p>Ooda&#8217;s platform connects workflows for approximately 20 organizations including CommonSpirit Health, Arizona Blue Cross Blue Shield, and Massachusets Blue Cross Blue Shield.  Cedar currently works with 35 providers across the country including Summit Health, Yale New Haven Health, Novant Health and ChristianaCare.</p>
<p>Cedar, which was founded in 2016, saw significant growth over the past year during the digital health boom of the coronavirus pandemic.  Cedar said the size of its business quadrupled over the course of 2020, and investor interest also increased.  Recently, a $ 200 million Series D funding round was closed.  That brings total funding to more than $ 350 million and valuation of $ 3.2 billion, the company said.</p>
<p><span>Florian Otto, CEO of Cedar, will continue to serve as chief executive for the combined company, while Seth Cohen, CEO of Ooda, will continue to serve as President and join Cedar&#8217;s Board of Directors.  The combined company will be headquartered in New York City with additional offices in San Francisco and Salt Lake City.</span></p>
<p>The board of directors of Cedar and Ooda and the shareholders of Ooda have already approved the transaction.</p>
<p>The post <a href="https://losgatosnewsandevents.com/medical-billing-startup-cedar-to-amass-ooda-well-being-for-425m-shifting-into-insurance-coverage-market/">Medical billing startup Cedar to amass Ooda Well being for $425M, shifting into insurance coverage market</a> appeared first on <a href="https://losgatosnewsandevents.com">Los Gatos News And Events</a>.</p>
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