1 / 7

Tips To Improve Ophthalmology Billing And Collections PPT

We ensure efficient ophthalmology billing and collections for practice is by partnering with the correct medical billing outsourcing services. efficient practice is vital for the successful running of the hospital, effective Ophthalmology Billing Services are essential for your practice and the patients. To know more book your appointment now on 888-502-0537 info@247medicalbillingservices.com

Devin15
Download Presentation

Tips To Improve Ophthalmology Billing And Collections PPT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tips To Improve Ophthalmology Billing And Collections How would you explain the word ‘efficient’? It can be defined as giving minimum expense or effort to achieve maximum productivity. In the field of ophthalmology, having an efficient ophthalmology billing and collections practice will help the facility enhance the patient’s experience. It would mean reducing the wait time for the patients, having easy claim policies, and not having to repeat the information to the patients, staff, doctors, or other staff members.  Though an efficient practice is vital for the successful running of the hospital, effective Ophthalmology Billing Services are essential for your practice and the patients. https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

  2. tips that can make your practice efficient with proper ophthalmology billing and collections: 1. Check with the insurance company When a patient contacts you for services, the first step is to verify whether the provider has a license from an insurance company. You must check the file and follow the guidelines given by the insurance company for the plan for the provider. Take a step further, i.e., contact the insurance company to check whether the provider is covered within the network to ensure you get paid for the ophthalmology services on time. https://www.247medicalbillingservices.com info@247medicalbillingservices.com

  3. 2. Using the Right Modifiers Often by mistake or just to get paid more, ophthalmology practices use CPT codes such as 92133 – 92134 and the CPT 99250 – the fundus photography code used for a single visit billing. All this would result in denying the codes and the claims or paying for the code with the lowest reimbursement rate by Medicare or other insurance companies. 3. Stay Updated Staying prepared for the changes in the ophthalmology coding and documentation rules and regulations for evaluation and management (E/M) is vital for every ophthalmologist and the staff of a facility. In fact, part of the ophthalmology billing and coding would require you to select the E/M codes that are appropriate instead of the physical examination of the patient’s history.   https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

  4. 4. Practice on-time Settlement Checking whether the patient’s insurance plan is based on deductibles or co-payments is a must. Using an online form for the payment option for the patient at the time of enrolling would allow you to incorporate on-time payment settlement. 5. Choosing the Right Billing Plan 6. Better Collection Process 7. Finding the Right Billing and Collection Partner It can be challenging to go through the collection of patient information, verify them, keep up-to-date with the codes, and train the staff with the latest rules and regulations. The best way to ensure efficient ophthalmology billing and collection for practice is by partnering with the correct ophthalmology billing and collection partner. 24/7 Medical Billing Services is one such outsourcing ophthalmology billing companythat guarantees maximum reimbursement for the services rendered. https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

  5. About 24/7 Medical Billing Services 24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your practice for up to 50%. https://www.247medicalbillingservices.com info@247medicalbillingservices.com

  6. Call us Today : Media Contact – 24/7 Medical Billing Services, 28405 Osborn Road, Cleveland, OH, 44140 Tel: + 1 -888-502-0537 Email: info@247medicalbillingservices.com Website:https://www.247medicalbillingservices.com/ https://www.247medicalbillingservices.com info@247medicalbillingservices.com

More Related