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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Preparing for a Vision Plan and Medical Insurance Billing Audit
Medical insurance and managed vision care (MVC) billing audits can be stressful, time-consuming, and costly for eye care practices. That’s why it’s critical to have a process in place to protect your practice (and sanity) before you get the dreaded audit request letter, or the auditor shows up at your door.
In this blog, we will review what triggers a vision plan and medical insurance audit, how to prevent audits, and what to do if you get audited.
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.
2022 ICD-10-CM Codes Update Guide for Eye Care
Is your practice ready for the ICD-10-CM (diagnosis) code changes for fiscal year (FY) 2022? Beginning October 1, 2021, all eye care providers must start using the new and revised ICD-10-CM 2022 codes to prevent delays in optometric claim processing and/or rejected or denied claims.
How a Practice Achieved Growth with Sound Optometry Billing
Optometry billing tasks and denied claims will quickly fill up your staff’s time with repetition and disorganization. Denese Jackson of The Eye Contact shares some of her optometry billing insights today to inspire growth and success in your eye care practice tomorrow.
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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