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Practice Management Advice
Help and advice on running a successful practice, from the experts at the American Academy of Ophthalmic Executives. Articles featured in the AAOE's Practice Management Express email newsletter.
1-20 of 26 results
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Billing: It’s Everyone’s Responsibility

SEP 10, 2021 By Lindsay N Stratton, MHA, OCS in Billing, Managing Your Practice

It’s an easy mistake to think that medical billing is only the responsibility of the person (or people) in the billing department, as they send out insurance claims and make sure they get paid. But the most successful practices realize that everybody in the office plays an i…

Comments 0

Views 289

CMS Offers Accelerated Payments for Healthcare Providers

MAY 12, 2021 in Billing, Regulatory

CMS announced March 28 that it will accelerate advanced Medicare payments available to physicians and other healthcare providers due to the effects of the COVID-19 pandemic.

Comments 0

Views 5448

It’s Your Money: 5 More Ways to Ensure You Get All of It All the Time (Part 2 of 2)

APR 15, 2021 By Farida Chowdhury in Managing Your Practice, Practice Operations, Financial Management, Practice Ownership, Billing

In part two of a two-part series, AAOE member Farida Chowdhury, OCSR, the CEO of Medical Billing Strategies, provides more essential tips for improving your practice’s bottom line.

Comments 0

Views 228

It’s Your Money: 5 Ways to Ensure You Get All of It All the Time (Part 1 of 2)

APR 06, 2021 By Farida Chowdhury in Managing Your Practice, Billing, Practice Ownership, Financial Management, Practice Operations

In part one of a two-part series, AAOE member Farida Chowdhury, OCSR, the CEO of Medical Billing Strategies, provides essential tips for improving your practice’s bottom line.

Comments 0

Views 323

Encourage Staff to Continue Education During COVID-19 Reopening

JUN 17, 2020 in Coronavirus, Strategic Planning, Billing, Practice Operations, Professional Growth, Risk Management, Staff Management, Lean Management

Your staff may be facing ongoing furloughs, part-time hours or reduced workloads due to the impact of lower patient visits. You can boost staff morale and your practice efficiency by converting downtime to continuing education. By providing opportunities for your staff to pu…

Comments 0

Views 208

Module 1: Consider the Financial Impact

MAY 06, 2020 By Ann M Hulett, CMPE in Billing, Financial Management

When faced with dramatically reduced production or a completely closed practice due to COVID-19, assessing and monitoring the financial impact is essential and contributes to the decision-making process. While the crisis will eventually ease, the financial impact will be lon…

Comments 0

Views 1218

3 Keys to Revenue Cycle Management Success

FEB 04, 2020 By Robert McCarville MPA, Tonya R Larue, MBA in Billing, Practice Operations

Although many patient-facing tactics attract opportunities for revenue growth, none of them are as important as revenue cycle management (RCM) for obtaining that revenue and strengthening your practice as a whole.

Comments 0

Views 427

Lesson Learned: Hospice and Medicare Advantage

JUN 14, 2019 By Natalie M Loyacano, COMT, OCSR in Practice Operations, Financial Management, Billing

Natalie Loyacano shares important considerations you should be aware of when dealing with hospice and Medicare Advantage Plans.

Comments 0

Views 408

Structuring Physician Employment Agreements: An Interview with Mark Kropiewnicki

MAR 26, 2018 in Webinar-Webcast, Billing, Financial Management

Changing demographics in ophthalmology contribute to high demand for new associate ophthalmologists. What does the competition mean for ophthalmologist employment agreements? We talked to contract expert Mark E. Kropiewnicki, JD, LLM.

Comments 0

Views 458

E&M vs Eye Codes: Who Is the Winner?

FEB 12, 2018 in AAOE Program Highlights, Billing

Physicians tend to code far more exams than tests or surgical procedures, so for the financial success of the practice, it is vital to understand when to bill an E&M and when to bill an eye code. This AAO 2017 course will help you distinguish between medical and vision and w…

Comments 0

Views 1200

How Relevant are RVUs to Your Practice: An Interview with Ann Hulett

SEP 07, 2017 By Ann M Hulett, CMPE in Billing, Webinar-Webcast, Financial Management

Every July, CMS releases its proposed fee schedule for next year. This usually includes changes to conversion factors and relative unit values. I inevitably wonder how much these changes will financially affect my practice next year. To answer that question, you have to unde…

Comments 0

Views 420

E&M vs. Eye Codes: Who Is the Winner?

JAN 17, 2017 in Billing, AAOE Program Highlights

When should you bill an E&M and when an eye code? Physicians tend to code far more exams than tests or surgical procedures, so for the financial success of the practice, it is vital to solve the mystery.

Comments 0

Views 1034

Best of E-Talk: Collecting Deductibles

JAN 13, 2017 in Billing, Best of E-Talk

Question: How should I handle patients who have high deductibles, yet refuse to pay at the time of service?

Comments 0

Views 726

Best of E-Talk: Charging for Refraction

JAN 13, 2017 in Billing, Best of E-Talk

Question: How often should I charge my patients for a refraction?

Comments 0

Views 811

Best of E-Talk: Collecting at Time of Service

DEC 08, 2016 in Billing, Best of E-Talk

Question: This coming year, our practice would like to collect a set dollar amount at check-in for patients with high-deductible plans who have not met their deductible. We plan to let the patients' know we will collect a set fee and, once the payer processes the claim, will…

Comments 0

Views 385

Best of E-Talk: Charging for Medical Records

DEC 08, 2016 in Billing, Best of E-Talk

Question: Is it legal to charge the patient for transferring their medical records to another physician’s office?

Comments 0

Views 300

3 Keys for Optimizing Your Billing

MAR 31, 2016 By Ron Rosenberg, PA, MPH in Billing

Optimal billing is effective and efficient, supports patient satisfaction and provides useful management information. To achieve optimal billing, you have to correctly and consistently perform a set of discrete tasks. Here are three of the most important keys we’ve encounter…

Comments 0

Views 1594

Best of E-Talk: Phoning for Debt Collection

MAR 10, 2016 in Billing, Best of E-Talk

Question: How many practices actually call patients before sending them to collections for late payment? We send our patients two regular bills and a warning letter before we start the process of collecting; however, this isn’t always effective. We’d obviously like to avoid…

Comments 0

Views 546

Hands on Billing for Beginners

FEB 24, 2016 in Billing, AAOE Program Highlights

During this course capture from the AAOE Program of AAO 2015, Ron Rosenberg, PA, MPH presents the step-by-step billing process for attendees new to billing. He also provides an overview of the process and a concentrated look at claim-form completion.

Comments 0

Views 692

Revenue Cycle Management and EHRs

FEB 24, 2016 in AAOE Program Highlights, Billing, EHRs

EHRs can be a powerful tool for facilitating billing and collections. But ineffective use of EHRs can distort services and complicate payer relations (and collections) for services that you provide. Learn how to capitalize on EHRs to improve your revenue cycle and operations…

Comments 0

Views 109

1-20 of 26 results
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