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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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.
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.
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.
Medical Billing Clearinghouse vs. RCM: Here's the Big Difference
Not 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.
Why Optometric Billing and RCM Solutions Are Critical During COVID-19
Now 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.
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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