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10 Medicare and Medicare Advantage Medical Billing Dos and …

WebTo guide your eye care practice toward managing healthier cash flow and reducing out-of-control accounts receivable (AR), let's review 10 common medical billing …

Actived: 8 days ago

URL: https://www.fastpayhealth.com/blog/medicare-medicare-advantage-medical-billing-dos-donts

Critical Steps for Efficient Provider Credentialing and Enrollment

WebMay 16, 2023. One of the first steps in ophthalmology and optometry medical and vision plan billing is ensuring the provider has been credentialed and enrolled by insurance …

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How (and How Not) to Use Common Medical Billing Modifiers

WebUnfortunately, misusing medical billing modifiers can trigger an audit that can lead to hefty fines—audits can go back many years. Medicare audit fines might be as …

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Common Medical Billing and Insurance Terms You Should Know

WebSecondary Insurance: A patient’s supplemental insurance that pays some deductibles, co-pays, and co-insurances after the primary insurance has paid. Superbill: …

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Complete Optometric Billing Solutions for Growth Fast Pay Health

WebOur billing services for eye care practices relieve your staff from the administrative hassle of processing and chasing down payments. Claims are submitted on time, paid correctly, …

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Rules to Follow for Advance Beneficiary Notice of Noncoverage

WebAn ABN is an informed consent document that informs the patient that they may be financially liable for the costs should their insurance carrier deny the claim. The …

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Dedicated Optometric Billing Consultants Fast Pay Health

WebIn 1994, First Insight Corporation built an optometry, ophthalmology, and optical EHR and practice management software technology company dedicated to …

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The 2020 ICD-10-CM Codes Guide for Eye Care Professionals

WebAn ICD-10-CM Definition for Eye Care Professionals . The World Health Organization owns, develops and publishes ICD codes.On June 21, 2019, the Centers …

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2024 ICD-10-CM Code Updates Guide for Eye Care

WebConfirm with your EHR software vendor that they provide automatic ICD-10 updates. For instance, MaximEyes EHR and practice management software will …

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Vision Plans vs. Medical Insurance: When Should You Bill

WebMedical insurance usually pays at a higher rate than vision plans. If the doctor sees the patient for a routine eye examination and the medical insurance covers …

Category: Medical Go Health

Optometry Billing Services That Empower Fast Pay Health

WebFast Pay Health delivers expertise in managing claims, billings, and accounts receivable (AR) so you experience positive daily cash flow. There’s no need to worry about delayed …

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Complete Optometry Billing Services Fast Pay Health

WebOur experienced optometric billing consultants are always available to offer support. The Fast Pay Health team is skilled in electronic data interchange (EDI) processes and …

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Are You Prepared for 2022 CPT® Code Changes

WebTherapeutic Remote Monitoring. There are five new CPT codes to report therapeutic remote monitoring: 98975, 98976, 98977, 98980, and 98981. These new …

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Optometry Billing Services Built for Success Fast Pay Health

WebGood progress continues, keeping our insurance payments aligned and up-to-date. — Denese Jackson (The Eye Contact, Lake Jackson, TX) Full-service optometry billing …

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Medical Billing Clearinghouse vs. RCM: Here's the Big Difference

WebSearching for an eye care revenue cycle management (RCM) partner and medical billing clearinghouse to manage coding, billing, vision plan and insurance claim …

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11 Claim Denial Management Solutions to Improve Your Bottom …

WebAccording to the Medical Group Management Association (MGMA), the average cost of reworking a rejected or denied claim is $25. And 50-65% of denials are …

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2022 ICD-10-CM Codes Update Guide for Eye Care

WebThe following eye-related ICD-10-CM updates will become effective on October 1, 2021. NEW Codes: Chapter 13 – Diseases of the Musculoskeletal System …

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New CPT 99072 Code for PPE Costs During COVID-19

WebOctober 12, 2020. On September 8, 2020, the American Medical Association® (AMA) added a new CPT® code, 99072, for reporting the use of the additional cost of personal …

Category: Medical Go Health

Mastering Claim Denial Reason Codes Expedites Cash Flow

WebOnce an eye care practice receives a claim denial, reworking and resubmitting the claim can delay cash flow by 45 to 60 days. On average, the claim denial rate in the …

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