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New Ebook "OD Growth Guide: 5 Essential Insurance Reports"

Posted by Madhu Singh on Aug 13, 2018 11:00:00 AM

Do you have transparency into how much money you're making from insurance payments? If you aren't sure where to start with revenue management, let us highlight the 5 most useful insurance reports you should generate.

Insurance reports analyze your historical billing and claims data to search for gaps, errors, and mistakes. Read on to see how insurance reports can stop you from missing out on potential revenue.

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Optometry eBooks, Optometry Software, Education, Biller

How to Calculate and Improve Your Practice’s Optical Capture Rate

Posted by Sharon Chin on Jul 23, 2018 10:00:00 AM

Optical capture rate compares the number of patients who received their prescription and the number of patients who filled their prescriptions at your practice. Since frame and contact lens sales are a big source of revenue for many practices, it’s important to have your optical software keep up with the number of sales you make. You would want to have a high optical capture rate. In fact, the industry benchmark says that 60% of your patients should be filling their prescription in your practice.  

Showrooming is often an obstacle for practices trying to increase their optical capture rate. Showrooming is when your patient gets a prescription from your practice, tries on a frame that they like, and then buys the product online at a lower price. We'll help you stop showrooming and improve your optical capture rate with the tips below.

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Optometry eBooks, Education

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eBook Preview: 10 Easy Ways to Restore Practice Efficiency

Posted by Janelle Pauli on Apr 16, 2018 3:01:00 PM

It's easy to get lost in the day-to-day motions in any small business and forget to focus on the processes in place that get you through the day. Without an evaluation of how you and your staff get through each day you might not be aware of the little things that could be slowing down your workflow. With a few tweaks here and there, you might be able to shave valuable minutes off each patient visit to help you fit in more patients each day and bring in more revenue.

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Optometry eBooks, Office Manager, Optometrist

New Resource: Definitive Guide to Making More Money on Claim Reimbursements

Posted by Janelle Pauli on Jan 16, 2017 2:29:00 PM

Maximizing on both your medical and vision insurance
reimbursements contributes to a large part of your
practice's annual revenue. But, unworked rejections and denials can cause a big hit in your reimbursements. Unworked claims can be caused from a variety of reasons. It could be that your biller is overworked and just can't keep up with the workload, or that you've seen a lot of turnover in the biller role in your practice and claims have just fallen through the cracks.

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Optometry eBooks, Optometrist, Biller

How to Avoid Falling for a Slick EHR Software Sales Pitch

Posted by Caitlin Warnock on Jun 27, 2016 1:00:00 PM

There is a lot of information out there regarding different EHR software options and vendors are experts at positioning their product to be the best on the market. But just because someone can deliver a slick sales pitch doesn’t always mean they can provide what your practice needs to succeed. Before you invest a ton of resources to purchase, implement, and learn an entirely new system, you need to make sure you’ve found the right solution to fit your practice’s needs.

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EHR Software, Optometry eBooks