Why it Pays to Outsource Your Claim Management

Posted by Jeff Rezabek on Tue, Jun 20, 2017 @ 14:06 PM

A lack of capacity, lack of claim knowledge, and high employee turnover impacts your practice's ability to effectively manage claim reimbursements. While some practices may have a large enough staff to devote a single person to manage the optometric practice’s electronic claim management lifecycle, other practices are staffed small to reduce costs. This requires many staff members to wear many hats. When this happens, it could have an impact on your revenue from insurance claims.

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How to Turn Electronic Claims into Money

Posted by Jeff Rezabek on Tue, Jun 13, 2017 @ 14:06 PM

In the eyecare industry, managing claims is an important piece of the revenue stream; especially as more online retailers cut into your frame sales. However, many practices struggle to effectively turn their electronic claims into revenue from payers; forcing the practice write-off services or charge the patient more than they were expecting.

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How to Transition from In-House to Outsourced Optometric Billing

Posted by Janelle Pauli on Thu, Jun 08, 2017 @ 14:06 PM

When it comes to managing something as important as the insurance claims in your eyecare practice, many people can be protective of the process because it is tied directly to their revenue. As a practice owner, it's good to keep an eye on the processes that are making your practice money, but being successful at managing your practice's claim cycle is a full-time job in itself and requires a high level of expertise to keep the cycle rolling along effectively. 

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A Quick Fix to Reduce Electronic Claim Rejections

Posted by Jeff Rezabek on Tue, May 30, 2017 @ 14:05 PM

Claim rejections add work to your already busy optometric billing manager. Not to mention, they cost your practice money. While the reason for an electronic claim rejection varies, making one small adjustment to your claims management lifecycle could result in fewer claim rejects and increased profits.

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3 Risks You're Exposed to if You Don't Track Your Optometric Billing Metrics

Posted by Janelle Pauli on Thu, May 25, 2017 @ 14:05 PM

How you manage your practice's claim performance directly effects the revenue brought into your practice. But for many eyecare practices, gathering information and metrics on the claims process can be challenging which results in important habits and inefficiencies going unnoticed leaving revenue out on the table. But, with the right claim management platform, you can gain easy access and transparency into the performance of your claim cycle to help you uncover underlying errors that are hurting your revenue. Let's look at three risks your practice is exposed to if you aren't consistently measuring your practice's optometric billing performance.

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