Overcoming Challenges In Optometry Billing

By Author: Karen Laningham
Total Articles: 13
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Optometric billing is the medical billing meant for optometrists. The optometric billings companies provide billing services to all the types of practitioners. This article will help you reducing the billing complexities and the workload of piling up tickets.

Optometry billing is the process of seeking remuneration for services done by sending a bill to a payment clearing house. The most common modes for this process are third-party billing and in-house billing. A common procedure of optometry billing is bundling of services in a single payment ticket.

New practitioners in the field of optometry can easily be easily overwhelmed in their profession. Both new and experienced practitioners can find their job overpowering. This is common for practitioners who fit in the following categories.

New optometrist who get overwhelmed

Being new in optometry, can make you become overwhelmed, irrespective of working as an assistant or doing private practice. This is when you will realize that actual optometry in the field is different from what you learned in school. It optometry field, it is important to figure ...
... out how you will practice optometry on your own. Still fresh in the field, you have to do your work by applying knowledge gained in optometry school. Lack of experience can make you raise many questions such as:

How do you do billing?

How do you write receivables in accounts?

how do you grasp the codes use in communication by insurance companies?

what do you require from your employees?

How do you handle your workers?

These questions can make you think that you are incompetent hence being easily overwhelmed. It is advisable to seek counsel from the mentors. Mentors are classified into three categories; peer, expert and reverse. peer mentor can a friend whom you share expertise and discuss your past experiences. Expert mentor is person who has an expertise in a particular field such as; accountant, tax advisor or attorney. This mentor relationship is not mutual because information flows in one direction. Reverse mentor is a younger person whose ideas can make you reconsider cultural and technical changes. You will benefit most from peer mentor because you are in the same circumstances. Also, an expert mentor can assist you with specific matters youshould consider in your profession.

Established practitioner being overwhelmed by growth opportunities

Practitioners who have vast experience can also be overwhelmed by growth opportunities such, marketing program, new location, addition of staff, community development programs and many more. As you grow, you encounter challenges in leadership and management. If you feel overwhelmed by growth opportunities, you need to devise a way of making main decisions. It is important to forecast the risks which are ahead of you. You should always use SWOT analysis in making main decisions. SWOT stand for strength, weaknesses, opportunities and threats.

Strengths: Evaluate strengths of this decision making

Weaknesses: List the weaknesses associated with the decision making

Opportunities: Evaluate the opportunities available with the making of the decision

Threats: Does the shortcoming of the decision pose any threats?

These helps you in making sound decisions and anaylizing level of risk you are able to bear when faced by growth opportunity. You should not avoid all the risks otherwise you will lose big opportunities. A peer mentor might be few steps ahead of you and can share wisdom and insight.

The author of this article is associated with Back In The Black Solutions, a leading third-party, expert in optometry billing services.