Important Claims Stats You Should Know in 2020

Posted by Shane Shepherd on Mon, Aug 31, 2020 @ 11:08 AM

Statistics can be manipulated to prove any point you want through the way they’re presented. This is true for all healthcare and other industries, hence why data visualization is such a burgeoning field.

In fact, 85% of all people already know that. However, numbers don’t lie. The numbers are your bottom line in your practice and being aware of certain stats can increase your sense of control during these unprecedented times.

VisionWeb’s RCM service processes between 25-30k procedures billed to Health Insurance Companies a month. Over the years, we’ve collected some important statistics we’d like to share and explain.

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2 Optometry Billing Modifiers Cheat Sheets

Posted by Madhu Singh on Thu, Aug 27, 2020 @ 13:08 PM

Billing processes can be confusing at best and frustrating at worst. We're always looking for ways to simplify your billing and help solve any unanswered questions ODs tend to have. While looking into information gaps on billing, we noticed that many ODs search for "billing modifiers cheat sheets" to quickly refer to.

Not only are these great for actually doing your billing, but also for any employee onboarding and handbooks so that everyone has a basic understanding of the modifiers. So we've found the most comprehensive cheat sheets online that we're linking for you here.

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2 Most Underutilized Eyecare Practice Management System Features

Posted by Sharon Chin on Tue, Aug 04, 2020 @ 09:08 AM

Whether you’re considering getting an eyecare practice management system or already have one, it’s good to be aware of a system’s full capability and shortcuts. It’s all about making the most of your investment.

Practice management and EHR systems have come a long way since they were first introduced more than 30 years ago. Just like how smart phones serve as a camera, music player, recorder, and even computer in one device, practice management systems have tons of features that consolidate multiple tasks and processes into one system, especially when integrated with a clearinghouse.

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The Financial Guide: Prioritizing Patient Balances

Posted by Madhu Singh on Wed, Jul 15, 2020 @ 15:07 PM

We've shown you the benefits of pulling benefits before appointments, the difference between vision and medical billing, and common denial or rejection reasons for claim filing. However, we want to focus on something more timely today: your payment policy and following up on balances.

Especially when an eyecare practice is experiencing an influx of patients with periods of quiet in between, ODs can't afford to not get paid on time. 

We'll go over how to keep your accounts receivable manageable.

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Everything Eyecare Practices Need to Know About Medicare

Posted by Madhu Singh on Thu, Jul 02, 2020 @ 10:07 AM

When it comes to accepting Medicare insurance, there are a few steps and processes that every front desk associate and optometrist needs to know. However, it can be tough to remember the various information surrounding reimbursements, signatures, and claims.

We saw that the Medicare Learning Network from the Center for Medicare Services provides a lot of useful PDFs and resources that your staff can refer to when in need. Make sure your staff always has access to these free pages in their bookmarks bar. These are important to follow if you want to reduce errors, returned or denied claims, and frustration for both your staff and patients. We'll highlight a few of the most important links below:

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