Title: Medical Billing Tips for Ophthalmology
1(No Transcript)
2Medical Billing Tips for Ophthalmology
Every practice owner wants to submit clean claims
to get paid fast and in a timely manner. But
anyone who is involved in ophthalmology billing
knows that its not that easy. Any small errors
in billing can impact your revenue. Lets talk
about ophthalmology billing tips that will help
you stay in compliance, and in the
money. Ophthalmology Billing Tips Eye Codes
and E/M Codes Ophthalmology is not like other
specialties, as it has two sets of codes to
choose from for ophthalmology billing. Your
medical biller may confuse while choosing any one
of these two sets of codes. To choose the correct
code your biller must check payer rules, medical
necessity requirements, the exam elements
performed by you, and the reimbursement rates for
the medical codes you are considering.
3Medical Billing Tips for Ophthalmology
- As a practice owner, ensure the following to
reduce denials and get paid promptly - Diagnosis code(s) Eye codes are more limited as
to what diagnosis meets medical necessity, and
the exact codes can vary by payer. However, E/M
codes dont share those similar limitations. - If the visit has a medical element then you
should use E/M codes. When the exam is strictly
visual and contains no medical elements, an eye
code is the right choice. - Patient history is important as eye codes have
frequency edits. For example, provide is limited
to billing code 92014 once in a year period per
patient. E/M codes do not share those similar
frequency edits. - E/M codes require documentation, and its
standardized across all payers, the required
documentation for eye codes may vary. - Out-of-Network Billing
- Many providers result in out-of-network at some
point. We at Medical Billers and Coders (MBC) can
take care of your risk including denials, delayed
payments, and violations of fraud and abuse laws. - There are some best practices in out-of-network
billing
4Medical Billing Tips for Ophthalmology
- Always stay transparent with patients about
practice out-of-network status - Provide estimation of patient payments upfront to
avoid balance billing - Do not make a routine to waive patient co-pays or
other out-of-pocket payments. This may be
considered an incentive to refer, violating the
anti-kickback statute - Charge payment on claims must be the same that
you use to calculate the patient payment - Patient Billing Statements
- Normally patient billing statements are
confusing. It is good practice to make your
statement clear, simple, and easy to read. In
case patient statements are not clear then you
are increasing your practice A/R days, and
unnecessary frustration from your patient. To
keep patients satisfied with your practices
services then keep patient billing statements
clear and precise. - Payers Updates
- Commercial, as well as Medicare, have different
coverage determinations and ophthalmology billing
guidelines. Even in Medicare, the individual MACs
will differ as to how they want providers to code
a bill and what required documents they want to
see. To submit clean medical claims you need to
be updated with each payers guidelines.
5Medical Billing Tips for Ophthalmology
Accurate Billing for Diagnostic Testing Auditors
always keep their eyes open whenever they check
for Ophthalmology billing for diagnostic tests.
Every provider needs to pay attention to use the
right modifiers, meet medical necessity
guidelines, and document clearly and complete the
services provided by you. About Medical Billers
and Coders Catering to more than 40
specialties, Medical Billers and Coders (MBC) is
proficient in handling services that range from
revenue cycle management to ICD-10 testing
solutions. We are crucial in supporting
physicians with precise and streamlined medical
billing services. For more information, call us
at 888-357-3226 or email us at info_at_medicalbille
rsandcoders.com