Outsource Your Struggles
- By Blog Owner
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- 18 Apr, 2017
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Eliminate or delegate things you spend your time on that don't improve your bottom line. Outsource things you must do well but can't/don't.
It has become a fact, especially since the introduction of "Obama Care", that doing billing in house is more costly than outsourcing. Not necessarily because the cost of salary is higher but because, and this is specifically unique to optometry, most new and small to medium sized practices don't have the man-power or resources to dedicate one person or a group of people specifically to the task of insurance billing. The result is that collection rates rarely exceed 73% of available money from insurance/patients. EVERY ONE of our clients achieve a 93% collection rate within 2 years; typically much faster if that practice owner is willing to let us "run the show" and defer to us when it comes to making decisions and implementing policies regarding insurance billing. This means that your practice will instantaneously be more profitable as a result of your decision to outsource which in turn means that you are spending less money doing so.
https://www.linkedin.com/hp/update/6241990175124185088
https://www.linkedin.com/hp/update/6241990175124185088
How your optometric billing can help build your specialty clinic from the ground up.
Detection of early signs of glaucoma made easier with new technological advances.
Upgrading diagnostic tools to help improve your optometric billing.
Optical coherence tomography (OCT) scanning has come a long way in the development of its technology in the last two decades. How will these new advances in OCT affect how you practice optometry and your optometric billing?
"Everyone will come to you and you will be the one who refers them to different specialties". Maybe the eyes are more than just a window to the soul?
Received a question from a provider regarding Harvard Pilgrim
Some things to look for and some things to avoid when seeking optometric billing services.
When performing routine eye exams on Aetna Patients it is a good idea to get in the habit of using
Z01.00 OR Z01.01 as your diagnosis code INSTEAD of a code beginning with "H52". This is because many of Aetna's plans actually are set up to pay for routine eye exams but ONLY if the primary diagnosis is = Z01.00 OR Z01.01.
Please find a response written to one of our clients regarding the issue of billing Routine and Medical procedures to insurance companies on the same claim/ same date of service: