Billing for optometrists brings daily obstacles to overcome. Our optometry billing best practices blog helps you solve challenges and grow your practice.
Charge 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.
Do 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 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.
Read MoreImproving collections and increasing cash flow is an essential optometry medical billing strategy for growing your practice and maintaining a healthy revenue. For Art of Optiks, a three-doctor, two-location practice in Minnesota, outsourcing their medical billing resulted in recouping $57,162 in lost revenue.
Read MoreIs your eye care practice ready for the ICD-10-CM (diagnosis) code changes for fiscal year 2021? This 2021 ICD-10-CM Eye-Related Codes Update Guide is here to support your practice and protect your cash flow. Beginning October 1, 2020, all eye care providers must start using the new and revised codes. Download our 2021 ICD-10-CM Codes Update Guide.
Read MoreDenese Jackson with The Eye Contact shares how continual cash flow, healthy accounts receivable, and reducing insurance aging are critical to running a successful optometry practice during a decrease in patient volume.
Read MoreNow more than ever, the financial health of your eye care practice depends on continual cash flow during the unprecedented novel coronavirus (COVID-19) pandemic. To prevent unhealthy and serious revenue problems down the road, focus on your accounts receivables (AR) and aging buckets now before it’s too late.
Read MoreOptometry billing tasks and denied claims will quickly fill up your staff’s time with repetition and disorganization. Denese Jackson of The Eye Contact shares some of her optometry billing insights today to inspire growth and success in your eye care practice tomorrow.
Read MoreNeed to evaluate the efficiency of outsourcing optometry billing? Here’s how you calculate your ROI to ensure your investment is a positive one.
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