Billing for optometrists brings daily obstacles to overcome. Our optometry billing best practices blog helps you solve challenges and grow your practice.
Every 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.
To 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 MoreOptometry billing is a common headache for many practices, which can quickly add up on the cost scale. Whether you are considering outsourcing your optometry billing or new to the world of outsourcing these types of services, knowing the benefits will help you decide if this is the right move for your office. Let’s explore several advantages you and your staff can experience with an improved optometry billing and collection process.
Read MoreThis blog was updated on November 7, 2022. Is your inbox full of Medicare and Medicare Advantage claim rejections and denials? Researching unpaid or denied eye care claims is frustrating and time-consuming. To guide your eye care practice toward managing healthier cash flow and reducing out-of-control accounts receivable (AR), let's review common medical billing dos and don'ts.
Improving 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.
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