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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Productively Billing in Your Practice without Patients

Posted by Shane Shepherd on Wed, May 13, 2020 @ 09:05 AM

Shane Shepherd shows how you can take free time to clear up your aging correctly. 

A good friend of mine, who was also once my employer and mentor, was always ready with a quip or little pearls of wisdom. These were often in the form of a quick thought, rather than a long dissertation, but still held the ability to change a body’s perspective once reflected upon.  

In this particular instance, we had just held a meeting about some of the larger initiatives we wanted to tackle. On a busy August day, as we each ran around the office like little army ants, we stopped to offer each other a few encouraging words. John McCormick looks at me says “Man, if it weren’t for these pesky patients, we could actually get something done.” Both of us instantly recognized the accuracy as well as the irony of his statement.

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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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The Value of Revenue Cycle Management Reports

Posted by Janelle Pauli on Mon, Apr 27, 2020 @ 10:04 AM

Having easy-to-access reporting and analytics on your practice's revenue cycle management activities enables you, or your biller, to have full transparency into how your practice is performing over time. Without these reports, you're unable to make data-driven decisions and see how your practice stacks up against state and national averages. Access to this information is important, but you also need to know how to understand these reports in order to make the most informed decisions.

Let's rewind quick and go over a quick recap about what we mean when we say revenue cycle management.

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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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