Revenue is not the only thing you need to worry about when running an eye care practice! As a practicing optometrist, the responsibility to ensure the Health Insurance Portability and Accountability Act (HIPAA) compliance squarely rests on you. Though most optometrists (and their staff) are familiar with the stringent HIPAA laws, violations are commonplace. They’re … Continue reading “10 Common HIPAA Violations (and Tips to Avoid Them!)”
Prevention is Key – No More Denials An ounce of prevention is worth a pound of cure. Sound familiar? That phrase can most certainly be applied to claim denials. With the average cost of working a claim denial sitting at $25, implementing preventive measures is imperative to the overall health of your revenue cycle. The … Continue reading "Prevention is Key – No More Denials"
Practicing across four locations in Alabama, the practitioners must also share data on patient conditions in real-time, even if they’re miles apart. For that reason, access to myCare iMedicWare cloud-based documentation became a necessity for this comprehensive practice.
Thinking of outsourcing your Ophthalmology EMR Services? Whether or not your eye care practice should outsource EMR services is a question that we are often asked. While there’s no right or wrong answer, there are different viewpoints. Some experts say that under the practice’s owner’s nose is where EMRs belong! Well, that’s not the case. … Continue reading “Should You Outsource Your Ophthalmology EMR Services?”
You might be a patient’s ophthalmologist, but it’s highly unlikely that you’re the only provider he or she is seeing. Patients often consult several providers at the same time, and every provider must have the same knowledge about the patient’s overall health condition. Overlaps in patient care without proper communication among providers and visibility to … Continue reading “Building a Culture of Patient Safety with Eye Care Leaders”
The recent shift to value-based care is forcing healthcare practices to improve care quality and efficiency while cutting costs. Indeed a daunting task, but leveraging new technologies is an excellent place to start. In fact, technology adoption has helped healthcare practices drive operational efficiencies, improve medical outcomes, and deliver integrated care. To help achieve these … Continue reading "3 Ways Healthcare Technology is Facilitating Integrated Care"
Many factors are involved when an eye care practice decides to switch electronic health record (EHR) software. Some of the potential reasons that lead to switching vendors are poor customer service, lack of advanced features in the existing system, high cost, and Meaningful Use certification. According to a recent review, system functionality and cost were the … Continue reading "4 Reasons Eye Care Practices Switch EHR Software"
The reimbursement system in the healthcare industry is very complicated. With federal and state regulations and third-party payers-each having their own set of adjustments and rules - eye care practices are challenged at every turn. Now add to these struggles the challenges related to claims denials, appeals, and lost revenue. One thing that can save … Continue reading "5 Reasons To Upgrade Your RCM System"
What is the secret to optimal health and what does it have to do with revenue cycle management? We think most experts would agree that the secret to optimal health is the consistent application of healthy habits, knowledge, and hard work that result in sustained long-term success. A successful revenue cycle management (RCM) process works … Continue reading "Top 10 Medical Billing KPIs that Impact your Practice’s Bottomline"