Optometry Billing - PowerPoint PPT Presentation

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Optometry Billing

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With the vast scope of Optometry, the billing process is loaded with provocations that have taken a toll on the practices, leaving them with little time on patient care. It’s truly frustrating and confusing for physicians to understand different approaches to assessing quality of health care system. Determining that low vision services may not be reimbursed under their health care plan including Medicare and managed Medicare may be even more annoying. – PowerPoint PPT presentation

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Title: Optometry Billing


1
Optometry
  • Medical Reimbursement for Low Vision

2
A glance at Optometry billing
  • With the vast scope of Optometry, the billing
    process is loaded with provocations that have
    taken a toll on the practices, leaving them with
    little time on patient care.
  • Its truly frustrating and confusing for
    physicians to understand different approaches
    to assessing quality of health care system.
    Determining that low vision services may not be
    reimbursed under their health care plan including
    Medicare and managed Medicare may be even more
    annoying.

info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
3
KEY QUESTIONS
  • Do healthcare insurance plans cover a low vision
    exam?
  • Do they cover low vision rehabilitation?

LOW VISION CODING
At the current situation, Medicare does not
reimburse low vision examinations. If the purpose
of the office visit is strictly for low vision,
the service may not be reimbursed.
info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
4
WHAT DO THEY COVER
  • Medicare pays for the diagnosis and treatment of
    sickness and illness accompanied by a patient
    symptom. The office visit may also be physician
    directed. The same is typically true for other
    health care insurance carriers.
  • Patient symptoms pertaining to visual impairments
    should be clearly documented as part of your
    patient's case history.

info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
5
EFFICIENT BILLING WORKFLOW CYCLE
  • An effective billing workflow Cycle is of utmost
    importance
  • An ideal workflow cycle should include
    components, each with its own process duly
    customized to the requirement
  • Delivering accurate and quality results is
    achieved by following and efficient billing
    process

info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
6
EFECTIVE REIMBURSEMENT PRACTICES
  • Optometry billing practices with respect to
    reimbursements must be optimized to avoid fraud,
    waste and abuse.
  • Efficient billing and coding will enable decrease
    in denial claims and external audits rates, thus
    increasing reimbursements and creating an
    effective Revenue Cycle Management

info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
7
MBCS ROLE IN MAXOMIZING OPTOMETRY REVENUES
  • With a long experience and thorough knowledge of
    the optometry billing process, MBC has been
    successful in streamlining the revenue cycle
    management.
  • Our services have enabled 35 savings for our
    clients and have reduced their AR days to 21. Our
    16 years of experience gives leverage ensuring
    our efforts turn into your profit.

info_at_medicalbillersandcoders.com
www.medicalbillersandcoders.com
8
4625 Morse RD., Suite 208, Gahanna, Ohio
43230 info_at_medicalbillersandcoders.com www.medical
billersandcoders.com Toll Free 888-357-3226
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