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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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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Guest Post: Medical Insurance Verification Action Plan

Posted by Madhu Singh on Thu, Apr 09, 2020 @ 08:04 AM

Have you ever discussed a medical insurance deductible with a patient and THEIR deductible is YOUR fault? Or has the patient ever been surprised that their co-pay was $45 at the checkout? These are telltale signs that you have an opportunity to educate your patients on how their medical insurance can cover their eye health conditions.

Most patients do not understand their insurance coverage, especially as it relates to medical eye care, and therefore do not use their insurance to its fullest. When you provide medical eye care, the patient is more loyal than the “retail only” patient. In order to build a lasting relationship, patients should know that optometrists are qualified to provide medical eye care. 

Jerry Godwin from OMS shows us how to verify insurance before patients arrive at your practice so that you don't miss out on revenue. We've included his action plan below, but you can read more information on his website.

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3 Signs Your Optical Practice Outgrew Your Claims Management Process

Posted by Jeff Rezabek on Tue, Mar 31, 2020 @ 10:03 AM

Your practice has come a long way since it opened, but you still have some fire left in you to continue caring for your community’s ocular health. The only problem is, your practice may have outgrown your claims management processes, which could be leaving revenue on the table.

So, how do you know if you’ve outgrown your claim management practices? This post identifies a few different signs you may experience if your optical practice is outgrowing your claims management efforts and provides a remedy that scales.

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Eyecare Practice Owner's Guide to Medical Credentialing

Posted by Madhu Singh on Thu, Mar 05, 2020 @ 08:03 AM

For anyone who owns their own practice, medical credentialing is probably something you're familiar with. If you're researching what you need to open your own optometry practice or to move to a different state, then you'll need to know how the medical credentialing process works for ODs.

In order to work with insurance providers, you'll need to complete a review. Jerry Godwin from OMS provided us with his intelligence on medical credentialing from starting the process to what happens after you've been approved. Keep reading to make sure you're in compliance with your state's laws and requirements.

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