With a number of changes occurring in the healthcare industry, revenue cycle management (RCM) is getting more and more unorganized and confusing. The Affordable Care Act and upcoming ICD-10 codes will add yet another series of steps to an already confusing RCM process, thus affecting the reimbursements of medical practices. Optometry Billing is no different to other medical billings and any loose end may result in greater denials, lost claims or underpayments.
Following practices will give an insight in your existing RCM processes and guide you in making your billing system efficient:
For attaining short term as well as long term profitability, it’s important for Optometrists to adopt and follow effective data collection, billing, and coding practices.Back