Recording metrics and analyzing data across every part of your business is vital to running a successful optometric practice. When it comes to capturing data on your claim management analytics, an essential report that you need to monitor is your processing time analysis vs. national averages.Read More
Being in the industry for almost 20 years, you pick up a few great learning lessons from clients, optometrists, software specialists, and other eyecare industry experts. We combed through the common mishaps ODs have with their insurance claims and saw four key bits of information that they learned on the way.
From talented optometric billers to comprehensive software, you can get a handle on your claim management with the right resources. Save yourself money, time, and headaches by reading the lessons we've learned from our claim management mistakes and triumphs.Read More
So, your optical practice is running smoothly thanks to electronic health records, a cloud-based practice management system, and a productive staff. How do you grow from there? Your next step is scaling your business. That's where generating and analyzing reports can come in handy.
With the right solutions, you can quickly create custom reports using the large volumes of data you already have at your disposal. With these reports, you get more insight into your accounts, testing frequency, insurance claims, patient flow, and productivity. If you want to strengthen or identify your optometry practice's weak points, data reports are crucial. Read on to find out the most important reasons you'll want to analyze reports to keep your practice flourishing.Read More
You can’t manage what you don’t measure. Yet, many optometric billing managers must focus on pushing insurance claims through the proper channels and don’t have the bandwidth to chart, analyze, and track the optical practice’s revenue stream from claims. This creates a lack of transparency and could lose you revenue in the long term.
Whether you’re looking to make your claim management processes more efficient and more effective or just want more visibility into what’s going on, your optometric billing manager needs to track, record, and analyze your claim metrics and compare your practice against state and national averages by utilizing reports.Read More
How do you currently manage the revenue of your optometry practice? If you're not already collecting historical patient claims and billing data, you might be missing out on potential revenue. With more sophisticated revenue management systems in place, you can analyze deeper data on your claim filing, billing performance, and audit risk.Read More