Credentialing for Optometrists with maximum Insurance Firms - PowerPoint PPT Presentation

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Credentialing for Optometrists with maximum Insurance Firms

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It is important for optometrists to be credentialed with a good number of insurance firms as it adds to the revenue. – PowerPoint PPT presentation

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Title: Credentialing for Optometrists with maximum Insurance Firms


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Credentialing for Optometrists with maximum
Insurance Firms
  • As per the last US Census Bureau report, almost
    84 of the countrys population is covered under
    health insurance, and thanks to the Affordable
    Care Act, this number is growing rapidly.  Hence
    it is important for optometrists to be
    credentialed with a good number of insurance
    firms as it adds to the revenue.
  •  
  • However, credentialing is a tedious process and
    can often turn out to be a formidably daunting
    task. With over 30 pages in the Medicare
    application form for solo providers and almost
    double that number, if you are a corporate entity
    or established group practice, it can be quite a
    nightmare.
  • For an optometrist who plans on treating
    patients, the healthcare plan must state clearly
    that the providers are credentialed. There are
    several criteria for credentialing optometrists.
  • The primary requirement is a degree
    in optometry acquired from an accredited
    university.
  • If working independently, the optometrist needs
    to hold certification for prescribing diagnosis
    drugs.

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Credentialing for Optometrists with maximum
Insurance Firms
  • Optometrists also need to have access to 24-hour
    coverage for all Plan patients needing treatment
    for Ocular Disease.
  • They should have well-equipped facilities and be
    sufficiently staffed in order to provide the best
    services.
  • Any queries regarding professional history need
    to be answered promptly and relevant information
    should be made available thereby absolving the
    Plan or personnel from liabilities.
  •  
  • The credentialing process needs to be certified
    by the National Committee for Quality Assurance
    (NCQA). All documentation, including history and
    data, needs to be validated and submitted to the
    Credentialing Committee.
  • The credentialing process is usually completed
    within a maximum of 30 business days, provided a
    complete application is submitted.

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Credentialing for Optometrists with maximum
Insurance Firms
  • Upon approval, the optometrists receive
    notification in writing within 3 business days
    from the date of approval.
  • The administrative processes are streamlined and
    do away with any delays in completing
    credentialing for multiple health plans at one
    go.
  • Credentialing applications can be submitted
    online, eliminating the need for printing and
    mailing hard copies of applications.
  • Updates, if any, can be made online within a
    matter of minutes, thus doing away with
    cumbersome paperwork.
  •   
  • Medical Billers and Coders (MBC) is a leading
    medical billing company providing complete
    revenue cycle solutions. If you are still not
    sure if outsourcing is the right option for you,
    contact us and we will discuss the same in
    detail. You can call us at 888-357-3226 or email
    us at info_at_medicalbillersandcoders.com.
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