Managing insurance claim reimbursements is a time-consuming, error-prone task. To help optometric practices manage claims more effectively, many companies that offer claim management solutions also offer revenue cycle management services. But, what is revenue cycle management anyways?Read More
Flowers are blooming, birds are chirping, and allergies are in full swing. Spring is here. For many of you, harsh winter weather may have kept you from updating your practice’s appearance, processes, and web presence. With spring upon us, now’s the time to air out your practice and update it to attract more patients.Read More
In your eyecare practice, the insurance side of the house can be tricky business. Effectively managing your claim cycle to maximize on your reimbursements is an important componant of every eyecare business. If your practice has been struggling with the claims process, or your biller is in over their head it might be time to look at your current claim processes and determine if there is a better solution that can help you manage your billing cycle.Read More
Claim rejections can hurt your practice. When your optometric practice receives a rejected claim, your biller not only has to spend time correcting the claim but they also have to resubmit the claim. Doubling the work for them and reducing they amount of time they have to keep up with the other insurance claims in your practice. If your biller doesn’t keep up with the rejections, it’s possible that the electronic claims will miss their timely filing deadlines and the doctor will have to write the claims off.Read More
Participation in MACRA and MIPS has just started. While 2017 is the year when eligible eyecare practices can start participating in the quality payment program, there are still a lot of unanswered questions about the rules involved with the value-based reimbursement model.
Below are optical resources to help you gain a firmer understanding of MACRA, MIPS, and APMs.Read More