EXPERT INSIGHT
Insights on Medical Billing and
Revenue Cycle Management
Stay ahead of shifting insurance rules and industry updates. Your go-to resource for optimizing accounts receivable and building a financially resilient optometry practice.
MEDICAL BILLING BEST PRACTICES
Stop Revenue Leaks in Your Eye Care Practice With Fast Pay Health
You can see patients back-to-back, fit them for glasses and contacts, and keep your schedule full. But when you check your financials, the numbers tell a different story. Cash flow feels tight. Bills get paid late. New equipment has…
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12 Ways to Optimize Cash Flow Through Revenue Cycle Management
When you're not bogged down by repetitive revenue cycle management (RCM) tasks, such as verifying insurance coverage and meticulously filing claims, you can dedicate your energy to what truly matters—enhancing the quality of patient care.
An efficient RCM process is crucial for a thriving optometry or ophthalmology practice. Here are a few key areas to focus on.
12 Optometric Billing Tips for Positive Cash Flow
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.
How Opticore Optometry Group Tackles Optometric Billing Challenges
Opticore 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.
Calculating ROI for Outsourcing Optometric Billing and RCM
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.
Why is Charge Entry Critical to Optometric Billing?
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.
Efficient Optometry Billing Eases Stress for a Busy Practice
Optometrists 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.
How a Tailored Optometry Medical Billing Service Increases Cash Flow
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.
Turns Insights Into Results
Schedule your Free Revenue Cycle Analysis today and learn how Fast Pay Health can help strengthen your financial performance.
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