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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Avoid Costly Mistakes: Tips for Medicare and Medicare Advantage Eye Care Billing
Ophthalmology and optometry practices with a large Medicare and Medicare Advantage patient base face unique billing challenges. However, overlooking key billing processes may lead to costly mistakes and reduced cash flow. In this blog, we discuss a client case study and review critical Medicare and Medicare Advantage billing dos and don’ts to help your eye care practice succeed and boost net collections. collections.
In-House vs. Outsourced Billing for ODs: How to Choose the Right Model for your Practice
The conversation in optometry offices this fall isn't just about scheduling—it's about cash flow. Every OD knows that providing excellent patient care is your core mission, but securing the revenue for that care is the single most significant factor in your practice's long-term sustainability. This requires a robust Revenue Cycle Management (RCM) strategy.
Insider Tips for Faster Eye Care Payments
No one likes to see a denied claim from an insurance or vision plan payer. A denied claim is lost or delayed revenue for your eye care practice.
Researching and resubmitting denied claims can lead to long, frustrating hours trying to figure out why the claim was denied in the first place. That’s why nearly 65% of denied claims are never reworked by providers.
Let’s look closely at common coding denials, reasons, and how you can establish a proactive solution to increase your busin
Vision Plans vs. Medical Insurance: When Should You Bill?
Many 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.
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)? Ever wonder where your revenue is hiding? 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.
How (and How Not) to Use Common Medical Billing Modifiers
Knowing when and when not to use a medical billing modifier can maximize reimbursements and prevent denials and audits for your eye care practice. When you use a medical billing modifier on a claim incorrectly, this can become a costly mistake. Here are some red flags to look out for when billing with a few common modifiers.
Turns Insights Into Results
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