Proposed Medicare Payment Cuts Centers for Medicare and Medicaid Services (CMS) proposed 2022 Medicare Physician Fee Schedule and Quality Payment Program rules and included a 3.75 percent reduction in the conversion factor used to calculate payments to physicians. The cuts are the result of a reduction that is necessary to keep Medicare payments budget neutral. […]
Improve Ophthalmology Collections In Spite of Medicare Payment Cuts
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HIPAA Compliant Ophthalmology Medical Billing Services
Basics of HIPAA Medical Billers and Coders (MBC) being a leading medical billing company manages all revenue cycle management activities in HIPAA compliant way. In this article, we shared the basics of HIPAA compliance, and how selecting HIPAA-compliant ophthalmology medical billing services can help to receive accurate insurance reimbursements while reducing the chances of payer […]
Understand Ophthalmological Diagnostic Testing
CPT manual section ‘Special Ophthalmological Services’ describes diagnostic tests that go beyond eye exams. These tests may be reported in addition to the general ophthalmological services or evaluation and management services. Diagnostic tests are usually reimbursed separately by most payers. Documentation of diagnostic tests should clearly mention why the physician ordered a diagnostic test and […]
How to Increase Your Optometry Practice Collection?
Improving collections is an essential strategy for revenue growth. A healthy bottom line translates to a healthier financial trajectory for your eye care business. Follow these Optometry Practice Collection tips to help your business thrive. An optometry practice shares the same end goal as other small businesses i.e., you want to thrive. A thriving business […]
Medicare billing for Cataract Post-Op Co-Management
Co-management compliance is tracking down by the U.S. Department of Health and Human Services OIG (Office of Inspector General). You should manage the patient’s transfer of care correctly as well as it must be medically acceptable (determination is made by the surgeon and the patient). Transfer of care is defined as a transfer of responsibility […]
Improve Optometry Medical Billing Collections
An optometry practice has also the same agenda as other small businesses – you want to succeed. To achieve success in business is one that focuses on growing revenue while providing excellent experiences to their customers. Here, customers are patients. Improving optometry medical billing collections is a vital strategy to achieve financial stability. Suggestions to […]
How to Credential Your Practice with Vision Plan?
You just graduated from a school of optometry and decided on your practice location. If you Vision plan on examining patients who wish to use their vision and medical insurance, you must be an ‘in-network provider’ with that insurance company. According to the US Census Bureau, over 83 percent of the US population has health […]
Medical Billing Tips for Ophthalmology
Every practice owner wants to submit clean claims to get paid fast and in a timely manner. But anyone who is involved in ophthalmology billing knows that it’s not that easy. Any small errors in billing can impact your revenue. Let’s talk about ophthalmology billing tips that will help you stay in compliance, and in […]
Importance of Artificial Intelligence in Eye Care (Part 2)
How AI can change eye care? In the near future, AI will play an increasingly helpful role in many points within the chain of prevention, diagnosis, and treatment of ophthalmic disease. One of the most important roles of AI would be screening for ophthalmic diseases. As an example, not all patients who suspect new visual distortion on an Amsler grid may have to be […]
Importance of Artificial Intelligence in Eye Care (Part 1)
In the near future, eye care providers will have devices that, give a picture of a patient’s retina, can tell us the detailed diagnosis at the touch of a button. AI will play an increasingly significant role in the way healthcare providers look after their patients within the clinic. There’s real and imminent potential for […]