How to Reduce the Accounts Receivable Cycle with Smarter Billing

How to Reduce the Accounts Receivable Cycle with Smarter Billing

Does your eye care practice have an unhealthy cash flow and high accounts receivable (AR)? There are many ways you can reduce your AR. 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.

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6 Eye Care Billing Rejections You Can Overcome

6 Eye Care Billing Rejections You Can Overcome

Noticing more eye care billing rejections appearing in your inbox? Is your claim rejection percentage rate increasing? Let's examine six common eye care billing rejections and how a billing solution like Fast Pay Health can help you overcome them. 

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4 Smart Tips for Better Medical Billing: How to Maximize Your Cash Flow

4 Smart Tips for Better Medical Billing: How to Maximize Your Cash Flow

Do you wonder where your money is in your optometry and ophthalmology practice? With more patients coming in with insurance, it’s easy for money to get lost. On average, 25% of lost practice revenue comes from poor medical billing and revenue cycle management (RCM). 2018 may be the year for you to move your in-house billing to an end-to-end revenue cycle management service.

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Practice Success Story: Why We Switched Our In-house Revenue Cycle Management to Fast Pay Health

For more than ten years, managing revenue cycle management (RCM) has been a challenging and often frustrating task for Princeton Optometry in Princeton, NJ. Constant regulatory and coding changes, declining reimbursements, keeping up with staff training, reducing administrative costs, and getting Medicare to pay claims, are key reasons why Princeton Optometry decided it was time to outsource their insurance billing, accounts receivable/aging claims cleanup, and practice management payment postings. 

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How Can End-to-End Revenue Cycle Management Help You Grow Top-line Revenue?

How Can End-to-End Revenue Cycle Management Help You Grow Top-line Revenue?

In an era of declining reimbursements, high-deductible health plans, and constant industry challenges, profit margins are tighter than ever for most medical practices. Medical providers should be able to focus on patient care—instead of paperwork and payments. That’s why having end-to-end revenue cycle management (RCM) processes in place are important to running a successful practice, so your revenue doesn’t slip through the cracks. 

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8 Reasons You Need a Medical Billing Service

8 Reasons You Need a Medical Billing Service

Are you getting your money’s worth with your in-house billers or billing service for your eye care practice? Choosing the best medical billing and end-to-end revenue cycle management (RCM) service is more than just finding someone to process claims. If you are considering outsourcing your medical billing service and are still on the fence about making the leap, here are eight quick reasons to help you decide.

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