Billing for optometrists brings daily obstacles to overcome. Our optometry billing best practices blog helps you solve challenges and grow your practice.
Medical insurance and managed vision care (MVC) billing audits can be stressful, time-consuming, and costly for eye care practices. That’s why it’s critical to have a process in place to protect your practice (and sanity) before you get the dreaded audit request letter, or the auditor shows up at your door.
Read MoreAre you noticing more Medicare claim rejections or denials appearing in your inbox? Review a few common Medicare billing dos and don’ts to guide your practice toward healthier revenue.
Read MoreResearching and resubmitting denied claims can lead to long, frustrating hours trying to figure out what claim denial and claim adjustment reason codes mean, and what action to take. The good news is that almost 90% of claim denials are avoidable with a proactive revenue cycle management and optometric billing solution.
Read MoreEvery time you think your optometric billing is under control, new reimbursement, coding, or staffing roadblocks appear. Increasing collections and improving out-of-control accounts receivable (AR) is critical for revenue growth. Follow these optometric billing tips to help your eye care business thrive.
Optometric billing rejections and denials can be a nightmare for eye care providers. They delay payments and affect cash flow. This blog will explore three common reasons for medical billing rejections and denials and offer actionable insights on how to avoid them.
Read MoreClaim denial management strategies for optometry and ophthalmology practices are critical to quickly identifying, resolving, recovering from, and preventing denied claims. How can you keep the denial rate below 5% and boost unhealthy cash flow? In this blog, see common reasons for claim denials and solutions to help you improve your cash flow.
Read MoreIf 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.
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