Billing for optometrists brings daily obstacles to overcome. Our optometry billing best practices blog helps you solve challenges and grow your practice.
If you’re struggling with delayed payments or billing errors or simply looking to improve the financial health of your eye care practice, this on-demand webinar is for you. It’s packed with advice, solutions, and practice tips you can implement immediately.
Read MoreOpticore Optometry Group faced several optometric billing challenges that affected its revenue stream before transitioning to Fast Pay Health. Dr. Taylor Tedder, President of Opticore Optometry Group, shares how a tailored billing and RCM service resulted in positive solutions and a return on investment in a few months.
Read MoreIs your eye care practice struggling with increased Medicare Advantage claim denials? Not sure how to keep up and capitalize on the growing popularity of Medicare Advantage plans versus traditional Medicare? Review trends, requirements, and insurance billing tips to increase cash flow.
Read MoreMany patients have both medical and vision insurance. It can be confusing and challenging to decide which to bill, especially when patients want to be part of the decision and are concerned with what they will have to pay. This blog will discuss best practices for billing vision plans and medical insurance.
Read MoreAre you getting your money’s worth with your in-house billers or optometric billing service? Is your accounts receivable (AR) becoming unmanageable? If you are considering outsourcing your insurance and vision plan billing and RCM tasks, here are ten reasons to help you decide.
Read MoreRunning an eye care practice comes with a unique set of challenges. Effectively managing optometric billing is a critical aspect. It’s a balance between processes, resources, and technology. These 5 tips will guide your practice toward long-term success.
Read MoreTo help you determine the true costs of your current billing and revenue cycle management (RCM) process, let’s look at four financial and operational questions critical to calculating your return on investment (ROI) for outsourcing to an optometric billing and RCM partner.
Read MoreIs your office prepared for the fiscal year (FY) 2024 eye-related ICD-10-CM code changes that become effective on October 1, 2023? To help you navigate these FY 2024 code updates, we've prepared a quick guide to the eye-related ICD-10-CM code changes for October 1, 2023 through September 30, 2024.
Read MoreCharge entry is one of the most critical steps in the optometric billing cycle—where the claims are created. Even one mistake could lead to a rejected or denied claim, resulting in thousands of dollars in lost revenue. Use these eight tips to help you manage the charge entry process better.
Insurance payers seem to pay eye care providers less and assign more responsibility to patients. Suppose you suspect Medicare may not cover a procedure or service for a patient. In this blog, we’ll review when, why, and how you should use an Advance Beneficiary Notice of Noncoverage (ABN) form.
Read MoreStruggling with Medicare billing for cataract post-op co-management services? Faced with shrinking cash flow, rising Medicare denials, and aged claims beyond 90 days? Let’s examine a real-world case challenge, along with cataract co-management tips that will improve the financial health of your eye care practice.
Read MoreOne of the first steps in ophthalmology and optometry medical and vision billing is ensuring the provider has been credentialed and enrolled by insurance payers and CAQH. Let’s explore the difference between provider credentialing and enrollment, and review the critical steps you need to take to ensure an efficient credentialing process.
Read MoreVerifying a patient’s insurance eligibility and benefits is a critical first step before you submit an insurance claim to clearinghouse or vision insurance plan payer. Let’s explore ways to work smarter with proactive optometry insurance eligibility verification solutions.
Read MoreDo you wonder where your money is in your eye care practice? With more patients coming in with insurance and vision plans, it’s easy for money to get lost. Upgrade your optometric billing process, reduce accounts receivable, and increase cash flow with these four smart billing tips.
Read MoreOptometrists Julie and Jay Honda recognized how a more efficient optometry billing process could positively impact their practice, motivate staff, and improve revenue. Dr. Julie Honda explains how Fast Pay Health helps her practice overcome optometric billing and revenue cycle management challenges.
Read MoreNeed a refresher course in common medical billing and insurance terms? We’ve got you covered with a glossary of insurance terminology and billing tips to help you improve collections, prevent rejected and denied claims, and focus on growing revenue for your eye care business.
Read MoreEvery calendar year, the American Medical Association® announces changes to the Current Procedural Terminology (CPT®) code set. The 2023 CPT® code set changes (effective January 1, 2023) aim to reduce administrative tasks and simplify coding and documentation for evaluation and management (E/M) services.
Read MoreOptometry practices share the same end goal as other businesses—they want to thrive and increase cash flow. A thriving business focuses on growing revenue with top-notch optometry billing while providing excellent customer experiences. Follow these 12 optometry billing tips to help improve patient collections and generate a healthy bottom line for your eye care practice.
Read MoreDoes your eye care practice have an unhealthy cash flow and high accounts receivable (AR)? Ever wonder where your revenue is hiding? Let’s look at common challenges, solutions, and marketing strategies that will help your practice reduce the number of days your AR goes unpaid and sits in the aging bucket.
Read MoreNot sure what the difference is between a clearinghouse and revenue cycle management (RCM)? Perhaps the most important distinction is that a clearinghouse does not replace RCM; they work together. Let’s look at common questions and see why investing in both is critical.
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