Billing & Coding: Overcoming the Pitfalls in Billing Medical Services

The revenue cycle is one of the financial pillars in any optometric business. Capturing all earned revenue in a timely fashion is essential. The challenge around third party billing can be difficult at times and impacts the day-to-day operations. Understanding and developing proactive strategies to manage these challenges can positively impact the financial bottom line and increase efficiencies to reduce costs.

At our upcoming Medford dinner, Teri Thurston, PECAA Billing and Coding Advisor, will lead a discussion on the strategies to overcome challenges around billing and coding for medical services, including:

• First line of defense is collecting patient information and insurance verification
• Tune in to the coding elements that drive reimbursement
• Individual medical insurance policies
• Other opportunities to enhance revenue