U.S. Dental Clearing Houses Market Size Is Anticipated To Reach USD 1.04 Billion By 2030

San Francisco, 3 April 2024: The Report U.S. Dental Clearing Houses Market Size, Share & Trends Analysis Report By Application (Claim Submission, Eligibility & Benefit Verification, Claim Status Inquiry, Claim Payment, Remittance Advice, Others), And Segment Forecasts, 2024 - 2030

The U.S. dental clearing houses market size is anticipated to reach USD 1.04 billion by 2030 and is anticipated to expand at a CAGR of 10.49% from 2024 to 2030, according to a new report by Grand View Research, Inc. This can be attributed to the high dental claims denial rates and decreasing manual processes and transactions in the country. The dental clearing houses manage dental claims as simple, smooth, and seamless by offering innovative solutions designed specifically to lower costs and improve efficiency across the claim lifecycle.

As dental practices evolve, the time it takes to receive reimbursements for claims is increasing, and insurance plans are becoming more complex. Dental providers are shifting towards solutions that create a more efficient practice while reducing costs. All organizations, regardless of size, are adopting dental clearing houses with an electronic attachment solution that helps to speed up collection, reduce denial rates, and control expenses. Hence, companies operating in the market are partnering with technology companies to enhance their offerings and stay competitive in an immature market. For instance, in August 2023, Vyne Dental partnered with Pearl, a dental AI solutions provider. This partnership is expected to provide Vyne Trellis users with Pearl's radiographic image retrieval capabilities, making AI-assisted claims submissions faster and more efficient.

Access Research Report of U.S. Dental Clearing Houses Market @ https://www.grandviewresearch.com/industry-analysis/us-dental-clearing-houses-market-report

U.S. Dental Clearing Houses Market Report Highlights

  • The claim submission segment dominated the application segment with around 52.0% share in 2023 owing to increased efficiency and streamlined workflows, which enables ease of claim submissions
  • Market players operating in the market include DentalXChange (EDI Health Group, dba), Dentrix (Henry Schein One), Change Healthcare, Vyne Dental (Napa EA/MEDX LLC), and Electronic Dental Services
  • In August 2022, Smart Data Solutions (SDS) acquired ClaimLynx, a medical claim clearing house based in Minnesota. This acquisition expanded the features of Stream Clearinghouse, including dental, professional, or facility medical claim submissions.

U.S. Dental Clearing Houses Market Report Scope

Report Attribute

Details

Revenue forecast in 2030

USD 1.04 billion

Growth Rate

CAGR of 10.49% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

List of key players in the U.S. dental clearing houses market

  • DentalXChange (EDI Health Group, dba)
  • Dentrix (Henry Schein One)
  • Change Healthcare
  • Vyne Dental (Napa EA/MEDX LLC)
  • Electronic Dental Services

Access Press Release of U.S. Dental Clearing Houses Market @ https://www.grandviewresearch.com/press-release/us-dental-clearing-houses-market-analysis

 

 

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