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.

Read More

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. 

Read More

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.

Read More

Your Options For Cashing In On Electronic Claims

Posted by Jeff Rezabek on Thu, May 04, 2017 @ 14:05 PM

Managing electronic claims requires a balance among the biller, the process, and the solution used to connect the two. For optometric practices, simultaneously managing vision and medical claims effectively has become more important as the difficulty to sell frames hinders the ability to make a profit from your optical dispensary. However, an imbalance among biller, the claim lifecycle, and the clearinghouse solution could threaten your practice’s ability to capitalize on your insurance claims and cause you to write off more than needed.

Read More

How to Read Your Revenue Cycle Management Reports

Posted by Jeff Rezabek on Tue, Apr 18, 2017 @ 14:04 PM

Without revenue cycle management reports, you don’t have the proper visibility to measure the performance of your billing manager and their claim management activities. To provide you with increased visibility into your practice, revenue cycle management reports, part of VisionWeb’s Revenue Cycle Management service, delivers full transparency into how your practice is performing against state and national averages to help your optometric practice profit. Below are a few tips on how you can better understand and read these reports.

Read More