To Bill or Not to Bill (Yourself): The AI Answer

If your practice’s collections aren’t where they should be, it might not be because of fewer patients—it could be because your revenue is trapped in insurance company limbo. The truth? Without a rock-solid revenue cycle management (RCM) process, you’re leaving money on the table… and adding stress to your team.

In this episode of the Raving Patients Podcast, I sit down with Shreyas Parab, co-founder and CEO of Daydream, to explore how AI can revolutionize dental billing without removing the human expertise that keeps claims moving. Shreyas shares his unique perspective—shaped by growing up in his mother’s small Medicaid dental practice—on why dental billing is a hidden bottleneck for many offices and how automating key steps can unlock both revenue and time. We break down what “human-in-the-loop” AI really means, how to verify insurance more efficiently, and why complete transparency in billing services is non-negotiable for cash flow health.

We also dig into the broader role of AI in dentistry—what’s working now, where the technology still falls short, and the untapped opportunities that could transform patient communication and education in the near future. Shreyas provides real-world examples of practices that have recovered hundreds of thousands in aged receivables by combining AI-driven workflows with experienced billers, and why this hybrid approach outperforms both in-house teams and traditional billing agencies.

Whether you’re currently outsourcing, doing billing in-house, or simply curious about what’s possible, this conversation will give you the tools to evaluate your RCM strategy and future-proof your practice against the growing complexity of insurance reimbursement.

Here are the interesting stuff we talked about in this episode:

• Automating bottlenecks works best with expert oversight. Pure AI isn’t ready to replace billers—but it can triple their efficiency.

• Transparency is key. If you can’t see exactly what’s happening with your claims, you can’t fix revenue leaks.

• Growth magnifies billing challenges. Expanding operatories, adding associates, or buying a new practice will strain in-house billing unless processes scale.

• Patient communication is an untapped AI opportunity. Future tools could educate patients before appointments, improving case acceptance and freeing up clinical time.

 

Key Takeaways

00:43 Introduction and Event Announcement

02:23 Meet Shreyas Parab: The Vision Behind Daydream

04:30 The Journey from Dental Practice to AI Solutions

05:59 Understanding the Burden of Dental Billing

07:45 The Role of AI in Automating Dental Billing

10:00 Why Automation Over Software Tools?

13:00 Human-AI Collaboration in Dental Billing

14:33 Services Offered by Daydream

15:46 AI-Driven Processes in Dental Billing

17:47 Pain Points with Traditional Billing Agencies

21:12 Identifying Candidates for Daydream's Services

23:22 Exploring AI's Impact on the Dental Industry

24:00 The Future of AI in Dentistry

28:44 AI's Role in Patient Education and Communication

30:38 Limitations of AI in Dental Practices

33:06 Understanding AI's Writing Patterns

38:19 Innovative Marketing Strategies in Dental Practices

 

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Connect with Shreyas

Learn more about Daydream and schedule a demo at daydream.dental.

 

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Learn proven dental marketing strategies and online reputation management techniques at DrLenTau.com.

This podcast is sponsored by Dental Intelligence. Learn more here.

This podcast is sponsored by CallRail, call tracking & lead conversion software for dentists. Find out more here.

Raving Patients Podcast is your go-to place for the latest and best dental marketing strategies that will help you skyrocket your practice. Follow us for more!