Optometry Practice Tips: Knowing When to Quit

Posted by Madhu Singh on Thu, May 07, 2020 @ 08:05 AM

Perseverance and flexibility are qualities that are praised in the medical profession. However, a mark of a good business owner is knowing when it's time to quit. Quitting doesn't imply giving up when times get hard. We think of quitting as an act of compassion, especially when the decision saves your staff and patients from extra expenses or risk.

Today we'll discuss a few scenarios where optometrists must make a tough judgment call, take a new approach, or just cease operations altogether.

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Eyecare Industry Updates 2020

Posted by Madhu Singh on Wed, May 06, 2020 @ 09:05 AM

With the reopening of businesses in some states, optometry practices are getting their inventory and staff prepared. However, it can be difficult to keep up with new insurance rules, government regulations, and local mandates while delivering care to a larger volume of patients.

Therefore, we thought it would be a good time to give a general summary and update on the eyecare industry and what might be on the horizon for optometrists to keep their pulse on. Here's what you need to know in order to make the next month a success:

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How to Avoid Making Costly Optometric Billing Errors

Posted by Jeff Rezabek on Tue, May 05, 2020 @ 09:05 AM

Successfully managing insurance reimbursements is the secret strategy of profitable optometric practices. However, many practices are still struggling to master the claims lifecycle to manage every step of the way.

Below are a few optometric billing tips to improve your claims management techniques and maximize profit.

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Business Terms Your Eyecare Practice Should Know

Posted by Janelle Pauli on Mon, May 04, 2020 @ 08:05 AM

How many patients do you see in your eyecare practice on a regular day? 15? 20? It can be easy to get caught up with your busy schedule that you start to neglect some of the business aspects of your eyecare practice. It takes a lot of time to manage your staff, stay on top of your financials, and implement marketing strategies. If you're a smaller independent practice, a lot of the business responsibilities could be falling on your shoulders.

Today we want to take a quick break from patient care and really think about the business side of things. When was the last time you looked at certain metrics? Do you know what all the financial terms mean when looking at different numbers? We pulled together ten business terms and phrases that are relevant to practices today that you should make sure that you know, and also understand how to apply them in your practice.

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Remote Work Series: 3 Things You Can Do Now

Posted by Madhu Singh on Thu, Apr 30, 2020 @ 07:04 AM

We understand that planning out your day or week can be tough when you don't know the timeline for reopening your practice and accepting patients at full capacity. So far in our remote work series, we've given you ideas for updating your tools, implementing telehealth, and building out your marketing personas.

But now we want to help fill your schedule on the days where you aren't sure how best to use your time or your staff's time. We have a few ideas for how you can continue to work on your business without conducting routine eye exams. Keep reading for some inspiration and guidance.

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