U.S. Dental Clearing Houses Market Growth & Trends
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.
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U.S. 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 Segmentation
For this study, Grand View Research has segmented the U.S. dental clearing houses market based on application:
U.S. Dental Clearing Houses Application Outlook (Revenue, USD Million, 2018–2030)
- Claim Submission
- Eligibility and Benefit Verification
- Claim Status Inquiry
- Claim Payment
- Remittance Advice
- Others
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
